Higher revenues, coupled with lower administrative and marketing costs, accounted for the rise.
Service-related revenues now account for 60 percent of the company's sales.
Taxes and other local revenues account for approximately 70% of the budget.
By 2008, this revenue accounted for $15 million-17 million in licensing and merchandising fees.
Foreign revenue accounted for 16 percent of company sales last year and is expected to climb to 27 percent this year.
It is expected that revenues from white biotechnology will account for 10%, or $250 billion, of the global chemical market of $2,500 billion by 2013.
Overseas revenues now account for roughly one-third of the company's total, against one-fourth five years ago, and continue to rise.
"For the first time in the company's history, revenue from worldwide applications products accounted for more than 50 percent of the company's total business."
In the last financial year environmental and ethical revenues accounted for 5% of the ad department's total revenues.
Overseas revenue now accounts for about 40 percent of G.E.'s total, the company spokesman said.