- Dr. Ing. h.c. F. Porsche AG (OTC:DRPRF) reported an 18% year-on-year increase in its first-quarter FY23 sales to 80,767 vehicles.
- The sales were boosted by a 21% jump in deliveries made in China, helped by the economic recovery from the pandemic-induced impact.
- Deliveries in Germany climbed 19%, Europe grew 14%, North America increased 30% and overseas and emerging markets gained 5%.
- SUV models remained popular among Porsche customers, with Porsche Macan registering a 30% jump in sales to 23,880 vehicles.
- “It’s particularly pleasing that we were able to post gains in every sales region – in spite of the still volatile economic situation and limited parts availability,” said Detlev von Platen, Executive Board Member for Sales and Marketing at Porsche AG.
- Photo Via Company
A Look Into Okta’s Debt
Shares of Okta Inc. (NASDAQ:OKTA) decreased by 15.75% in the past three months. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials.
