Profit statements

Profits for insurers, turnover up at end-September

With a recovering economy and greater awareness of insurance products amid a protracted pandemic, industry sales and profits increased in the first nine months of 2021, the Insurance Commission (IC) said on Friday. . Total premiums earned, or insurance policies sold, by life and non-life insurers as well as mutual benefit associations (MBAs) from January […]

Profit statements

EXCLUSIVE: Kimberly Bryant, CEO and Founder of Black Girls Code, an Oakland-based nonprofit tech organization, denies allegations of wrongdoing

OAKLAND, Calif. (KGO) – In an exclusive interview with ABC7 News Race and Culture reporter Julian Glover, Kimberly Bryant, CEO and founder of Black Girls Code, an Oakland-based nonprofit tech organization, denies claims of wrongdoing. “I certainly didn’t expect to be able to have this conversation with you,” Bryant told ABC7 News Race and Culture […]

Profit statements

“Government sells for-profit strategic power packs like peanuts”

New Delhi: Accusing the government headed by Prime Minister Narendra Modi, Congress on Wednesday accused the Modi government of “compromising” the country’s strategic interests by selling the “profitable” Central Electronics Limited (CEL) PSU to a private company with no experience in the field. Addressing a press conference, Congress spokesman Gourav Vallabh said the government was […]

Profit statements

For-profit colleges have made a comeback fueled by COVID

For-profit colleges and vocational schools in the United States were in a privileged position when the pandemic arrived. Freed by the Trump administration from the restrictions imposed by the Obama administration, they had easy access to federal student aid and, since many of their programs were already conducted online, they could pose as providers of […]

Profit statements

Steel stocks fall near buy point on earnings warning

Steel maker Nucor (NAKED) cautioned against earnings amid falling volumes at its steel plants, a day after steel stocks rallied to challenge a large market sell-off. Nucor shares fell early on Wednesday. Nucor’s management was targeting fourth quarter earnings of $ 7.65 to $ 7.75 per share. That would mark a record quarter, down from […]

Profit statements

The collection of taxes on the sugar sector increases by 11% in 6MFY22

ISLAMABAD: The Federal Board of Revenue (FBR) collected 32.43 billion rupees in taxes on the sugar sector in the first six months of the current fiscal year compared to 29.30 billion rupees collected in the same period last year, achieving growth of 11%. The tax department said this growth is due to the successful implementation […]

Profit statements

IMF extends emergency funding for 18 months during pandemic

WASHINGTON: The International Monetary Fund has announced that it will extend its flexible access to emergency funding for an additional 18 months to help countries severely affected by the Covid-19 pandemic. According to a press release, the IMF’s Executive Board approved 18-month extensions (until end-June 2023) to temporary increases in cumulative access limits under its […]

Profit statements

The local non-profit association benefits from the Americorps volunteer team – The Mendocino Beacon

FORT BRAGG – In late October and through November of this year, the Meadow Farm Land Trust, after receiving federal approval, hosted a team of volunteers from the Americorps program called the National Civilian Community Corps, known as the Americorps. NCCC. The ten-member young adult team also partnered with Grace Community Church and Hubs and […]

Profit statements

Bega Cheese Australian shares dip as COVID-19 impact triggers earnings warning

December 23 (Reuters) – Shares of Bega Cheese (BGA.AX) fell to their lowest level in four months on Thursday after the company warned of an impact on its 2022 tax profits due to stiff competition for the supply of dairy products in Australia, high world prices and the impact of the coronavirus. The warning sent […]

Profit statements

Chamberlin PLC explodes on its first interim profit in five years

Chamberlin PLC (AIM: CMH) posted its first net profit in five years, with profits from a massive restructuring program offsetting supply chain disruptions and rising commodity prices. The group said it had also been able to absorb the upfront marketing costs incurred in establishing the Emba cookware and Iron Foundry Weights e-commerce businesses. “This reduction […]

Profit statements

Pound plunges again after Erdogan cites Islam to defend rate cuts

ISTANBUL: The ailing Turkish lira plunged after President Recep Tayyip Erdogan invoked Islamic teachings as a justification for not raising interest rates in order to cushion the currency against historic falls. Erdogan pushed the central bank to sharply lower borrowing costs despite the annual rate of inflation soaring to over 20%. Economists believe the policy […]

Profit statements

Rwandan cement maker Cimerwa doubles net profit to $ 3.9 million

By KABONA ESIARA Rwandan cement producer Cimerwa’s net profit for the nine months ending in September doubled to $ 3.9 million, from $ 1.89 million for the same period last year, thanks to its new betting strategy. the market. Revenue from the company’s cement sales reached $ 6.5 million from $ 6 million the year […]

Profit statements

SBP amends the regulation of foreign exchange transactions via brokerage firms

LAHOR: In order to improve documentation and transparency and further strengthen the foreign exchange regulatory regime, the State Bank of Pakistan (SBP) has amended the regulations governing the sale of foreign currency to individuals by foreign exchange companies. According to a statement released by the central bank on Sunday, this measure, which is a continuation […]

Profit statements

PIA acquires a modern A320 simulator

ISLAMABAD: Pakistan International Airlines (PIA) has acquired the first state-of-the-art Airbus A320 simulator, which will allow pilots to train in the country and save heavy expenses abroad. PIA CEO Arshad Malik and L3Harris CEO Robin Glover signed an agreement in a ceremony also attended by British Ambassador to Pakistan Christian Turner, according to a statement. […]

Profit statements

Alphinat reports earnings of $ 91,928 for the year ended August 31, 2021

MONTREAL QC / ACCESSWIRE / December 17, 2021 / Alphinat Inc. (TSXV: NPA) announces earnings of $ 91,928 for the year ended August 31, 2021. During the 2021 financial year, Alphinat focused most of its commercial efforts on its partnerships and the acceleration of sales in the public sector. In addition, SmartGuide continues to be […]

Profit statements

Bayport-based Andersen Corp. pays $ 31.6 million in profit sharing – Twin Cities

Employees of Andersen Corp. received good news on Friday, just in time for Christmas. The Bayport-based window and door maker has announced it will share $ 31.6 million in profits this year. Eligible employees will receive $ 3,200 each. The company also announced that its annual profit-sharing program will increase to $ 4,000 per eligible […]

Profit statements

PZ Cussons Plc posts after-tax profit of N2.57 billion in 6 months of 2021 – Nairametrics

PZ Cussons Plc announced its 6-month results for the period ended November 30, 2021, showing 25.97% revenue growth from 37.38 billion naira recorded in the first half of 2020 to 47.09 billion of nairas. The consumer goods company reported an after-tax profit of 2.57 billion naira, reflecting a significant growth of 213.44% compared to 820.93 […]

Profit statements

Bulgartransgaz increases 9-month net profit thanks to higher revenues

SOFIA (Bulgaria), Dec. 17 (SeeNews) – Bulgarian state-owned gas transmission system operator Bulgartransgaz said its net profit rose to 79.2 million levs ($ 45.8 million / 40.5 million euros) in January-September, against 66.8 million levs in the same vein. period of 2020, as the company increased its turnover. Bulgartransgaz’s turnover rose to 368.8 million Lev […]

Profit statements

Don’t Go Out – Omicron Wave Set to Slow Fast Fashions Profit Growth

Singer Imen Es at Boohoo and Imen Es Show Case Party at Compagnie on November 09, 2021 in Paris, … [+] France. (Photo by Foc Kan / WireImage) Wire picture Fast fashion retailer Boohoo said an increase in the number of customers returning outlet clothes such as dresses would potentially affect its sales and profits […]

Profit statements

Nonprofit “Exhausted and Defeated” after devastating storm hits them for third time in 16 months

SPRINGVILLE, Iowa (KCRG) – Wednesday’s storm caused extensive damage statewide, including a nonprofit in Linn County Hercules’ Haven, a nonprofit that specializes in hosting abused, neglected and unwanted farm animals, reported that for the third time in 16 months, they suffered severe storm damage. A spokesperson said the following in a statement: “No one slept […]

Profit statements

New nonprofit wins three major research partnerships

A new, non-profit research institute in the Bay Area, focused on a better understanding of human disease, started with partnerships with three of the region’s largest research groups, Stanford University, the University of California, Berkeley (UC Berkeley), and the University of California, San Francisco (UCSF). Based on Palo Alto, the Arc Institute is leading the […]

Profit statements

TIM issues third profit warning in one year amid board battle

TIM cuts its baseline profit forecast for 2021 domestic businesses Vivendi plans to request board reshuffle – sources The group will hold a board of directors on Friday on the KKR offer MILAN, Dec. 16 (Reuters) – Telecom Italia (TIM) (TLIT.MI) has issued its third profit warning in a year amid a board battle that […]

Income reports

Understanding the China Development Bank in Latin America

With assets estimated at US$2.4 trillion, most analysts consider him the largest public development bank. It has handed out nearly $100 billion in sovereign loans to Latin America over the past 15 years and pumped tens of billions more into special regional funding programs, according to US think tank The Dialogue’s China-Latin America Finance Database. […]

Income reports

Bitcoin Miner Marathon Secures $100M Credit Facility From Silvergate

US-listed bitcoin mining firm Marathon Digital says it has struck a $100 million loan funding deal with Silvergate Bank, a crypto-friendly lender that counts major exchanges among its clients. cryptos like Coinbase and Kraken. Marathon Digital Holdings (Nasdaq: MARA) will use the credit facility to expand its bitcoin mining business, including the acquisition of new […]

Income reports

The 5 Best Crypto Credit Cards to Get This Year

You probably wouldn’t be surprised to know the two most common preferences for credit card rewards—travel rewards Where cash back. But now that the world is being swept by a new wave of cryptocurrency, a new type of reward has entered the market: crypto reward cards. While the crypto industry is still relatively new, more […]

Income reports

Go deep into oyster country

Historically, African-American neighborhoods were hidden from the waterfront, so if you want to look for traces of Downings life in Chincoteague, you can go further inland to the high ground where the Union churches are. Baptist and Christ United Methodist. A local podcast series titled The Bivalve Trail further describes Thomas Downing’s story on Chincoteague, […]

Income reports

Council uses JumpStart payroll tax to fuel major affordable housing investments in Budget 2022 – Slog

The board voted to approve the budget 8-1 at a Monday afternoon meeting Seattle Channel screenshot After nearly two months of tweaking the mayor’s proposal, the Seattle City Council approved its own version of the 2022 budget in an 8-1 vote Monday afternoon. Big items in the $7.1 billion package included $355 million for the […]

Income reports

Michigan schools seek options as staffing shortages and COVID cases converge

“If I say we’re going to learn remotely but it’s not available to everyone, I’m increasing the gaps, so we’re really in a tough spot,” Xenakis-Makowski said. On top of that, she says, it’s too much to ask young elementary school students to sit in front of a computer for seven hours a day. Superintendents […]

Income reports

Up to $58.6 million in unspent COVID-19 relief will never return to the NS government.

The provincial government’s rush to provide COVID-19 financial relief to thousands of Nova Scotia businesses could mean nearly $60 million earmarked for pandemic relief will go unspent, but will not be returned to provincial coffers. That’s one of the key findings of a report released Tuesday by Nova Scotia Auditor General Kim Adair, which reviewed […]

Income reports

Apple Stock is now a bubble (NASDAQ: AAPL)

ozgurkeser/iStock via Getty Images Apple’s stock has become unbalanced in its business Many Seeking Alpha readers will consider this the height of blasphemy, but Apple Inc. (AAPL) – the most valuable company in the world and symbol of American capitalism – has become the object of a speculative bubble. Apple’s price is now far higher […]

Income reports

Dalhousie ready to renegotiate $100 million COVID-19 relief deal

A Dalhousie University official told a committee of the Nova Scotia Legislative Assembly that the institution is willing to renegotiate the $100 million agreement it signed with the province in March 2020 to create and manage COVID-19 relief programs on behalf of the government. Matt Hebb, the school’s vice president of government and global relations, […]

Income reports

Watchdog finds no money has come out of agency tasked by Trump administrator to fight pandemic

A government watchdog released a report on Wednesday that an agency tasked by the Trump administration to help fight the pandemic has allocated none of the $100 million given to it to help address the issues. supply chain related to COVID-19. In May 2020, the Trump administration ordered the International Development Finance Corporation (DFC) to […]

Income reports

An interministerial approach is planned to deal with the housing crisis

NDHT project in the East End in June 2021 (CNS): At least four PACT government departments will be involved in a host of plans and policies to address the emerging housing crisis affecting Caymanians from all walks of life, as the housing sector has created an unsustainable situation linked to real estate prices in the […]

Income reports

SBI deploys study loan of up to Rs 1.50 cr for courses at foreign universities

The State Bank of India has announced an overseas loan exclusively for scholars who wish to pursue full-time regular courses at overseas colleges and universities. The lender said it aims to lend a helping hand to students who wish to take courses abroad to achieve their career goals through the SBI Global Ed-Vantage Loan. Students […]

Income reports

G20 pledges to achieve carbon neutrality and end overseas coal funding

Rome: Leaders of the world’s biggest economies pledged on Sunday to achieve carbon neutrality by mid-century as they wrapped up a two-day summit that set the stage for the UN climate conference in Glasgow, Scotland . According to the final communiqué, the Group of 20 leaders also agreed to end public funding for coal-fired power […]

Income reports

“I live on $47 a day – this is how I spend my time”

Before Covid hit in March of last year, I was making a decent income of around $4,000 a month as a freelance video producer. But as the pandemic escalated, those gig earnings quickly plummeted to $700. Due to all the uncertainties about the future, I found myself sleeping on a futon at my sister’s house […]

Income reports

Why consumption habits are just as important for the energy transition

The Conference of the Parties, the annual UN climate conference, has been held only twice in a major oil and gas exporting country, compared to 14 times in Europe and four times in Germany alone. Thus, the decision to base the Cop28 of 2023 in the United Arab Emirates is an opportunity for a more […]

Income reports

Educational Loan Provider MPOWER Funding Raises $100M

The new funds will be deployed to automate operations, scale the team and facilitate loan offers for the increased number of students wishing to study in North America. MPOWER Funding provides student loans to highly promising students from India and other countries Other Indian companies in the sector include Eduvanz and Leap Finance Fintech venture […]

Profit statements

More expensive lumber, supply chain issues weigh on Lennar’s bottom line; stocks collapse

Homes are seen at The Collection in Morristown, a Lennar Corporation subdivision, in Morristown, New Jersey, USA on November 13, 2021. REUTERS / Andrew Kelly Register now for FREE and unlimited access to reuters.com Register Dec. 15 (Reuters) – Lennar Corp (LEN.N) missed quarterly profit estimates on Wednesday as supply chain problems linked to the […]

Profit statements

The PSX jumps 1120 points on a balanced hike in key rates

KARACHI: The Pakistan Stock Exchange (PSX) turned bullish on Wednesday, with the benchmark KSE-100 gaining 1,120.15 points or 2.59%, to close at 44,366.86 points. The market opened on a bullish note, gaining over 700 points early in the session, and continued this momentum throughout the session. It can be recalled that the State Bank of […]

Profit statements

A 100bp hike brings the key rate to 9.75pc

KARACHI: The State Bank of Pakistan (SBP) announced a 100 basis point hike in the policy rate following today’s Monetary Policy Committee (MPC) meeting. The increase aims to “counter inflationary pressures” and “ensure growth that remains sustainable”. Although the term forward guidance was not used in the statement, the MPC said: “As a result of […]

Profit statements

Banks allowed to profit from unrealized interest

The Bangladesh Bank has offered a mega discount for banks, allowing them to display unrealized interest income as profit if borrowers only pay 25% of their current year owed amounts. In addition, banks can transfer an additional 1% allowance that they were asked to keep against late loans last year, subject to full collection of […]

Profit statements

North Carolina nonprofit works to provide stability for children in foster care

GREENVILLE, NC (WNCT) – This season is a time when many want to be able to give the gift of giving back. Well, a local organization is asking for your help with this in a more unique way. “None of us give out textbooks when we have children, natural children. None of us give out […]

Profit statements

BAuto T2 net profit up

PETALING JAYA: Despite declining revenues, Bermaz Auto Bhd(BAuto) net profit for the second quarter ended October 31 increased slightly to RM 26.04 million from RM 24.79 million in the same quarter a year ago. The turnover for the quarter was RM 483.84 million, compared to RM 599.84 million in the corresponding quarter of the previous […]

Profit statements

Pakistani stocks down 519.41 points amid profit-taking

KARACHI: Pakistani stocks saw a session of profit-taking on the first day of the week amid concerns over the monetary policy announcement expected on Tuesday, brokers said. “During the day, investor interest remained low, due to the upcoming mini-budget, which led the index to close below the psychological barrier of 43,000 points, said a Pearl […]

Profit statements

Dollar Falls Wide as Online US Inflation Data Triggers Profit Taking: December 13, 2021

The greenback erased its initial gains and ended the day lower relative to the majority of its peers due to profit taking on Friday as the online US inflation release heightened speculation that the pace of Fed rate hikes will not change. Reuters reported that consumer prices in the United States rose further in November, […]

Profit statements

SBP will launch the Asaan mobile account program tomorrow

LAHOR: The State Bank of Pakistan (SBP) today announced that it will launch the Asaan mobile account (AMA) Monday as part of its national financial inclusion strategy (NFIS) to bank the largely unbanked population of the country. In a statement, the central bank said the initiative (AMA) was developed under the NFIS with the aim […]

Profit statements

Michael Sheen says he is a “non-profit” actor, donating the majority of his income to social causes

Actor Michael Sheen has had the kind of career some actors can only dream of, and in a recent interview, the BAFTA, Emmy, Golden Globe and SAG nominated star revealed that he would like to transform into a “social enterprise. , a for-profit non-actor “and has pledged to devote the majority of his future acting […]

Profit statements

NYU teacher has advice for this Indian billionaire

Paytm dropped the ball on its initial public offering last month, making a lackluster debut in the stock markets. Almost a month after the IPO fell short of desired historical value, a professor at New York University has now offered some advice to the founder and CEO of the fintech platform: talk less and focus. […]

Profit statements

Endeavor Holdings Reports $ 1 Million Drop in After-Tax Profit

Business Ria chaitram Just now Endeavor Holdings Chairman John Aboud. – PHOTO BY ROGER JACOB Endeavor Holdings Ltd announced a decline in after-tax profit of $ 1.1 million for the six-month period ending October 31, 2021. In his unaudited financial statements released on Friday, President John Aboud said that during the period, the second wave […]

Profit statements

Sienna Miller Says Sun Newspaper Tried To ‘Take Advantage Of Its Misery’ In Settlement Case

The sun is scum. The dirty label of British tabloids is an irreparable hive of corruption, cruelty, conservative propaganda and reported criminal activity. After the scandal of telephone hacking that sent waves in the UK there are almost ten years, there has been little or no change to the status quo disgusting. News Group Newspapers, […]