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KM Financial Solutions | UPDATE 4-GE warns of more pain ahead as pandemic deals $1 bln cash hit
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UPDATE 4-GE warns of more pain ahead as pandemic deals $1 bln cash hit

28 Apr UPDATE 4-GE warns of more pain ahead as pandemic deals $1 bln cash hit

Posted at 13:07h in News by
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General Electric Co said on
Wednesday the coronavirus pandemic dealt a $1 billion blow to
cash flow at its industrial business in the first quarter, while
total revenue fell almost 8% and the company warned the damage
would worsen in the next three months.

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