17:36 - 18.10.2022

---

October 18, Fineko/abc.az. The net profit of American company Johnson & Johnson (J&J), one of the world's largest manufacturers of health products, for the past 9 months of 2022 decreased by 10.7% year-on-year to $14.4 bn.

ABC.AZ reports that in terms of per share, company's diluted earnings amounted to $5.41 against $6.04 a year earlier.

J&J's revenue for the reporting period rose by 3.3% to $71.237 bn.

The net profit in the 3rd quarter grew by 21.6% year-on-year to $4.458 bn. On a per-share basis, company's diluted earnings were $1.68 versus $1.37 a year earlier.

The adjusted profit was $2.55 with forecast of $2.52.

Company's revenue for the quarter increased by 1.9% year-on-year to $23.791 bn. Analysts expected revenue of $23.46 bn.