
Philip Morris Reports Higher Revenue but Lower Profit
Philip Morris International (PMI) reported operating revenue of US$11.69 billion in 2020, up 10.8% from 2019. Full-year net revenue fell 3.7% to US$28.69 billion. PMI sold 628.52 billion cigarettes in 2020, down 11% from 706.71 billion in 2019. The compan











