Caterpillar Financial Services Corp., Nashville, Tenn., has announced its year-end revenues for 2004 at $1.92 billion, an 11 percent increase over last year.
According to a release from the company, a subsidiary of Caterpillar Inc., which provides financing alternatives for Caterpillar machines and equipment, profit after tax was $287 million—a $31 million increase from 2003.
New retail financing increased $1.899 billion—or 24 percent—from last year to a record $9.95 billion, Cat Financial reports.
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