Cummins announced the financial report for the third quarter of this year. The data shows that Cummins's performance in the first three quarters of this year was better than expected, and operating income, operating profit, and net profit all achieved double-digit growth. In the third quarter of this year, benefiting from the growth in demand in North America and the positive impact of corporate acquisitions, Cummins’ overall operating income increased by 15% year-on-year to US$4.89 billion; operating profit was US$659 million, up 25.8% from the same period last year; Profit increased from US$355 million in the same period last year to US$423 million, an increase of 19.2%. Cummins’s operating income for the first three quarters was 14.131 billion U.S. dollars, an increase of 11.2% from 12.713 billion U.S. dollars for the same period of last year; operating profit increased by 15.2% from the same period of last year to 1.784 billion U.S. dollars; net profit increased from 1.051 billion U.S. dollars of the same period of last year. 12.07 billion U.S. dollars, an increase of 14.8%. Among all business units, Engine Division's third-quarter sales were US$2.816 billion, an increase of 13% over the same period of last year; Components sales increased by 20% year-on-year to US$1.287 billion; Power Generation sales increased by 5.9% year-on-year to US$754 million; distribution division increased by 36.9% year-on-year to US$1.292 billion. Based on the company's performance in the first three quarters of this year, Cummins raised its forecast for the full year this year, and its operating income growth is expected to increase from 8% to 11% to 10% to 12%. 
Cummins Engine