Amazon's sales surge in first quarter

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Amazon's sales surge in first quarter

US e-commerce giant Amazon's sales increased by 9 percent in the first quarter of this year compared to the same period last year. Amazon announced its balance sheet for the January-March period. Accordingly, Amazon's revenue in the first quarter of this year increased by approximately 9 percent compared to the same period last year, reaching $127.4 billion. The company's net sales were recorded as $116.4 billion in the first quarter of 2022. Amazon's net profit was $3.2 billion in the first quarter. The company reported a loss of $3.8 billion in the same period last year. The e-commerce giant's net income per share was calculated as 31 cents in the first quarter of this year. The company had a loss of 38 cents per share in the same period last year.