Cummins Inc. announced that its operating income in the third quarter of this year reached US$4.1 billion, a year-on-year decrease of 11%, of which operating income in the United States increased by 2% year-on-year, and overseas market operating revenue decreased by 21% year-on-year. In the third quarter of this year, Cummins’ pre-tax profit was 496 million U.S. dollars, accounting for 12% of sales. Earnings before interest and taxes for the same period last year was 640 million U.S. dollars, accounting for 13.8% of sales. Cummins’ net profit for the third quarter was US$352 million, down 22.1% year-on-year, diluted earnings per share was US$1.86, net profit for the same period last year was US$452 million, and diluted earnings per share was US$2.35. Cummins Chairman and CEO Tom Linebarger said: "Market demand has fallen sharply over the past three months, reflecting the high level of uncertainty among customers in most of the regional markets." Rambourne also said it will be before the end of this year. Cut 1,000 to 1,500 employees. Pearlescent Pigment Silver White Series Pearlescent Pigment Silver White,White Mica Powder,Silver White Pearl Pigment,Silver White Mica lilygroup Co.,Ltd , https://www.zjpigment.com