Wednesday, April 15, 2009

Goldman Sachs posts $US1.81 bln profit


Goldman Sachs posts $US1.81 bln profit
14-04-2009

US banking giant Goldman Sachs has reported a first-quarter net profit of 1.81 billion US dollars, soundly topping market expectations.

Goldman Sachs said after the stock market close that it had earnings per share of 3.39 dollars, above consensus market forecast of 1.33 dollars per share.

For the 2008 fourth quarter, Goldman posted a net loss of 2.12 billion dollars.

In a separate statement, the bank announced it would put five billion dollars in common stock on the market.

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