3M profit jumps on pandemic-driven demand for personal safety products

The US conglomerate makes N95 face masks

n95 mask
N-95 face mask
Reuters
1 min read Last Updated : Apr 27 2021 | 4:48 PM IST

U.S. conglomerate 3M Co, which makes N95 face masks, posted a 24.2% rise in first-quarter profit on Tuesday, benefiting from strong demand for its personal safety products due to the COVID-19 pandemic.

Net income attributable to 3M rose to $1.62 billion, or $2.77 per share, in the quarter ended March 31, from $1.31 billion or $2.25 per share, a year earlier.

 

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Shinjini Ganguli)

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Topics :Coronavirus3M IndiaUS companies

First Published: Apr 27 2021 | 4:45 PM IST

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