The company reported a strong third quarter result with improved earnings, revenues and profit margins.Third quarter 2021 results:
- Revenue: US$65.1b (up 41% from 3Q 2020).
- Net income: US$18.9b (up 68% from 3Q 2020).
- Profit margin: 29% (up from 24% in 3Q 2020). The increase in margin was driven by higher revenue.
Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 39% per year.