Southwest 2Q net profit up 31%; half-year profit over $1 billion
July 23, 2015
Southwest Airlines earned a net profit of $608 million in the second quarter, up 30.8% over net income of $465 million in the 2014 June quarter, as the company surged to a 28.2% pre-tax return on invested capital (ROIC) for the 12 months ended June 30. The ROIC was 11.1 points higher than the 17.1%...
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