(Reuters) – Appliances maker Whirlpool Corp <WHR.N> on Tuesday reported a near 71% rise in quarterly profit, helped by gains from the sale of its Embraco compressor business.
Net earnings available to the company rose to $358 million (£277.78 million), or $5.57 per share, in the third quarter ended Sept. 30 from $210 million, or $3.22 per share, a year earlier.
The white goods maker’s net sales fell to $5.09 billion from $5.33 billion.
(Reporting by Dominic Roshan K.L. in Bengaluru; Editing by Maju Samuel)