The company reported net profit of 404 million dollars.

Caterpillar, the world's leading manufacturer of construction machinery, announced the quarterly results that exceeded expectations, largely thanks to cutting costs.
The company recorded a net profit amounting to $404 million, or 64 cents per share in the third quarter this year, a decline from a strong 53 percent over the same period last year. These results still exceeded analysts who expected 5 cents per share.