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berni_mccoy

(23,018 posts) Tue Oct 16, 2012, 12:10 PM Oct 2012

Sensata has a NET PROFIT in the 100's of MILLIONS of DOLLARS

Looking at the quarterly reports, Sensata has been and continues to be a profitable company *before* sending the jobs overseas.

According to http://investors.sensata.com/phoenix.zhtml?c=210277&p=irol-SECText&TEXT=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDE0NzcyOTQtMTItMDAwMDMwL3htbA%3d%3d

The first half of 2012 they had a NET PROFIT of $65 MILLION *after taxes*.

And according to http://investors.sensata.com/phoenix.zhtml?c=210277&p=irol-SECText&TEXT=aHR0cDovL2lyLmludC53ZXN0bGF3YnVzaW5lc3MuY29tL2RvY3VtZW50L3YxLzAwMDE0NDUzMDUtMTItMDAwMjU5L3htbA%3d%3d

Their NET PROFIT for 2011 was $160 MILLION for the year.

Clearly the company isn't suffering because they are paying American workers too much.

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Sensata has a NET PROFIT in the 100's of MILLIONS of DOLLARS (Original Post) berni_mccoy Oct 2012 OP

Just imagine what their profit will be after hiring people making 99 cents an hour. justiceischeap Oct 2012 #1

justiceischeap

(14,040 posts)

1. Just imagine what their profit will be after hiring people making 99 cents an hour.

Reply to berni_mccoy (Original post)

Tue Oct 16, 2012, 12:12 PM

Oct 2012

This is probably more damning than anything else out there about this, IMO. It just shows that this is being done for nothing more than greed and RMoney will profit handsomely from this greed and desire to harm America. Rommunism is right.

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