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ABB Quarterly Profit Plunges on Automotive Slowdown, Solar Business Charge

ABB Quarterly Profit Plunges on Automotive Slowdown, Solar Business Charge

ABB Limited reported an extreme fall in second-quarter profit because the Swiss engineering company was hit with a slowdown within the automotive sector and required electric power charge for ditching its solar inverters business earlier this year.

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ABB Quarterly Profit Plunges On Automotive Slowdown, Solar Business Charge
ABB Quarterly Profit Plunges On Automotive Slowdown, Solar Business Charge
ABB Quarterly Profit Plunges On Automotive Slowdown, Solar Business Charge
ABB Quarterly Profit Plunges On Automotive Slowdown, Solar Business Charge

ABB Quarterly Profit Plunges On Automotive Slowdown, Solar Business Charge

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