Caterpillar three quarter net profit of $1 billion 20 million to achieve substantial growth       

Recently, Caterpillar released the third quarter earnings. In the third quarter, Caterpillar made a net profit of $1 billion 20 million, better than $946 million in the same period last year. In the report, Caterpillar also raised the annual profit outlook. The growth has been driven by the strong demand for related products in the North American architecture and oil and gas industries, offsetting the weakening impact of global mining demand.

Caterpillar's revenue for the third quarter was $13 billion 554 million, and it was expected to reach $55 billion in 2014 ($55 billion 656 million in 2013).

Small group noted that Caterpillar in the first three quarters of the profit growth, of which the first quarter net profit of $922 million, higher than the same period last year 880 million dollars; the second quarter net profit of $999 million, higher than the same period last year of $960 million.

Today, Caterpillar is the world class giant in the construction machinery industry, when the following good opportunities for development, to prove the confidence of the construction machinery industry, and take the opportunity to expand the market share of enterprises, strengthen the strength of enterprises, and strive for more and better resources.