C H Robinson tallies strong financial results
Jul 22, 2004 11:51 AM, from staff and wire reports
C H Robinson Worldwide Inc reported financial results for the three months and six months ended June 30, 2004.
For second-quarter 2004, gross profits rose 16.2% to $158.1 million from $136.0 million in 2003. Income from operations increased 18.6% to $52.5 million in the second quarter of 2004 from $44.3 million in second-quarter 2003. Net income climbed 18.6% to $32.3 million in the second quarter of 2004 from $27.2 million in the second quarter of 2003.
For the six months ended June 30, 2004, gross profits advanced 14.3% to $307.6 million from $269.1 million in 2003. Income from operations rose 16.2% to $99.7 million from $85.8 million in 2003. Net income increased 17.2% to $61.4 million from $52.4 million in 2003.
