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Joy profit jumps, but cancellation reality bites

WHILE mining equipment maker Joy Global lifted original equipment sales by 21% for the three mont...

Donna Schmidt
Joy profit jumps, but cancellation reality bites

During the quarter, net sales jumped 18% while net income rose from $71 million to $86 million. Operating income was $125 million – 18% of its net sales. Joy president Mike Sutherlin labeled the result...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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