Profit statements

Popular restaurant owner charged with embezzlement from non-profit organization

BRIDGEPORT, W.Va (WDTV) – A popular restaurant owner in Marion County is accused of stealing money from a local nonprofit. 5’s John Blashke dug this story today, it’s a report you’ll only see on 5 news. Sara Reel is the owner of “Baby B’s BBQ” in Mannington, a community staple for years. Reel and her […]

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province to oppose Maritime Electric’s ‘guaranteed profit’ increase | The Eastern Graphic

Country the United States of AmericaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic […]

Profit statements

HAGL Earnings Hit Over $18.5 Million in First Five Months

VIETNAM, June 21 – Workers wrap plastic around bunches of bananas. Photo hagl.com.vn HÀ NỘI — Hoàng Anh Gia Lai JSC (HoSE: HAG) has just announced its business results for the first five months of the year with three main sectors: livestock, fruits and support businesses. As a result, he declared a turnover of VN326 […]

Profit statements

Refiners deny profit count

Refiners deny profit count Calculation made in error, says club Vehicles refuel at a PTT petrol station in Pathum Thani as retail oil prices continue to rise. (Photo: Apichit Jinakul) The Petroleum Refining Industry Club, a unit of the Federation of Thai Industries, insisted that the current gross refining margin (GRM) was reasonable, refuting the […]

Profit statements

Back to the same problem: ASOS downgrades earnings forecast

ASOS is the latest retailer to highlight the real problem of high return rates while warning of … [+] a hit to profits. (Photo by JUSTIN TALLIS/AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images) AFP via Getty Images ASOS is the latest retailer to highlight the real problem of high return rates while warning of […]

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Young children exposed to sneaky ads and profiteering tactics in apps

ANN ARBOR – The majority of games and apps used by preschoolers contain ads and are designed to take advantage of their digital experiences, according to new research from the University of Michigan. The researchers said that children from low-income homes and whose parents have little education are more likely to use apps that use […]

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Can Tron (TRX) and RoboApe (RBA) Profit During Crypto Price Drops?

Over the past seven months, the cryptocurrency market experienced high levels of volatility. This latest round of price drops has seen a drop of over 60% for some major coins. How to make money when the market is down Although digital finance has become a favorite for many and investors have started to trust crypto […]

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Web Summit returned to profit last year after Covid hit in 2020

Businessman Paddy Cosgrave’s Web Summit Group last year returned to profit after suffering a financial blow during Covid-19. Accounts for 2021 accounts filed by Manders Terrace Ltd – which became available on Wednesday – show the group has returned to profit after last year’s revenue rose by 14.45 million euros to 31.8 million euros during […]

Profit statements

Oracle’s revenue and best profit estimates on the cloud boom

June 13 (Reuters) – Oracle Corp beat Wall Street estimates for quarterly profit and revenue on Monday as demand for its cloud products soars amid transition at scale industry to cloud-based platforms. Shares of the Austin, Texas-based company, whose fourth-quarter revenue jumped 5%, rose about 12% in extended trading. “We believe this spike in revenue […]

Profit statements

Meta and Instagram hit with 8 lawsuits for “exploitation of young people for profit”

Meta Platforms, the parent company of Facebook and Instagram, faces eight new lawsuits after lawyers at law firm Beasley Allen filed a series of complaints this week accusing the company of exploiting young people for profit. The complaints also accuse Meta of employing additive psychological tactics to get people to use their platforms more frequently […]

Profit statements

ATP includes expanded tournaments, profit sharing

LONDON (AP) — The ATP men’s professional tennis tour announced reforms Thursday that include expanding five Masters 1000 events and sharing profits 50-50 between players and tournaments starting next year. The changes approved by the ATP board also include an increase in prize money, all the result of more than two years of negotiations. The […]

Profit statements

TraceSafe Inc Reports Strong Increase in First Quarter Gross Profit

TraceSafe Inc. (CSE:TSF) said its gross profit in the first quarter of the year was $0.9 million, a 481% increase over the year-ago period, thanks to the growth of its higher revenue margin stream. The company also said it recognized $1.3 million in Q1 2022 revenue. “The results are in line with last year’s revenue […]

Profit statements

GCC-listed companies hit record $65.4 billion profit in first quarter, Saudi companies lead

Focus on China — Yuan calms down; resumption of exports and imports of the Asian giant in May; US-listed Chinese tech stocks rise BEIJING (Reuters) – The Chinese yuan eased from a month-long high against the dollar on Tuesday, under pressure from strong greenback strength, as some investors gauged the pace of the economic recovery […]

Profit statements

GCB Bank posts pre-tax profit of GH¢831.9 million

Share this with more people! GCB Bank PLC says it is focused on accelerating its digital capabilities as a key driver to dominate the industry and create shareholder value. Chairman of the Board, Mr. Jude Arthur, told shareholders at the 28th Annual General Meeting (AGM) that the future of banking and other businesses in general […]

Profit statements

The profit of the CMA CGM Group in the 1st quarter of 2022 reaches 8.9 billion dollars

The CMA CGM Group announced a 70% increase in revenue to $18.2 billion for the first quarter of 2022 and a near tripling of its EBITDA to $8.9 billion, thanks to transport activities . The group carried 5.3 million TEUs, down 2.8% from last year, but an average revenue per TEU of $2,800 saw shipping […]

Profit statements

Bulgarian company Telelink in Q1 vs net profit down 77% YoY, revenue plummets

SOFIA (Bulgaria), June 3 (SeeNews) – The Bulgarian group Telelink Business Services, or TBS Group, [BUL:TBS] said its consolidated net profit fell to 1.15 million levs ($632,630/588,000 euros) in the first quarter from 4.96 million levs in the same period last year, mainly due to a decline in sales of goods and services. The company’s […]

Profit statements

Single-family rental profit margins are starting to shrink in more expensive markets – Business Observer

The The single-family residential industry has grown by leaps and bounds, spurred by rapidly rising rents due to rising house prices. However, a report by real estate data firm ATTOM shows that profit margins on three-bedroom single-family home rentals shrank in the first quarter of 2022 as higher construction and acquisition costs outpace rents on […]

Profit statements

FBN Holdings recorded profit of N166.7 billion in 2021 – The Sun Nigeria

By Chinwendu Obienyi NBF Holdings announced that its profit before tax (PBT) increased by 99% from 83.7 billion naira in 2020 to 166.7 billion naira in 2021. According to the bank’s financial statements, gross profit increased by 28.2% from N590.7 billion to N757.3 billion, while its profit after tax (PAT) increased by N99.9. % to […]

Profit statements

Hindustan Copper posts net profit of Rs 89 crore in Q4 FY22

State-owned Hindustan Copper on Saturday reported a consolidated net profit of Rs 89 crore for the fourth quarter of the 2021-22 financial year, compared to a loss of Rs 37 crore a year ago. Revenue from operations in the quarter under review was Rs 545 crore, up from Rs 522 crore in the corresponding period […]

Profit statements

Quess Corp Q4 earnings at Rs 77 cr

Business services provider Quess Corp on Friday announced a profit of Rs 77 crore for the March quarter 2021-22. The company had incurred a loss of Rs 58 crore in the period a year ago, Quess Corp said in a statement. Operating revenue jumped to Rs 3,792 crore from Rs 3,005 crore in the […]

Profit statements

Is JD Vance profiting from Russian propaganda?

In the U.S. Senate race from Ohio, Democratic Rep. Tim Ryan ran an ad slamming Republican JD Vance as being on the wrong side of Russia’s war in Ukraine. The ad opens with a video of a February 19 interview Vance shared on Twitter in which he said, “I don’t care what happens with Ukraine.” […]

Profit statements

Vodafone reports higher annual profit – Business & Finance

LONDON (Reuters) – British telecoms giant Vodafone posted higher annual net profit on Tuesday on the back of higher sales and lower taxes, a day after it revealed an Emirati company had become its biggest investor. Profit after tax jumped to nearly 2.1 billion euros ($2.2 billion) in the year ended March, Vodafone said in […]

Profit statements

IndiGrid investment trust’s net profit in March jumped 45% to Rs 99.80 cr

Infrastructure investment trust IndiGrid posted an increase of more than 45% in its consolidated net profit to Rs 99.80 crore in the March quarter, mainly on the back of higher revenues. Consolidated net profit of India Grid Trust (IndiGrid) was Rs 68.69 crore in the quarter ended March 31, 2021, according to […]

Profit statements

Godrej Consumer Q4 net profit declines slightly to Rs 363 crore

On Thursday, local FMCG giant Godrej Consumer Products Ltd (GCPL) reported a marginal decline in consolidated profit after tax to Rs 363.24 crore for the fourth quarter ended March. The company had posted a consolidated profit after tax of Rs 365.84 crore in the prior year period, GCPL said in a regulatory […]

Profit statements

St. Paul nonprofit agrees to remedy after Minnesota attorney general’s office files injunction

A Minnesota nonprofit group set up to help refugees is accused of deceptive fundraising, failing to keep proper financial records and letting a multi-million dollar property fall into disrepair. Court filings filed last week paint a troubling picture of the Minnesota Cameroon Community (MINCAM). The St. Paul-based nonprofit agreed to a long list of remedies […]

Profit statements

Agostini’s profit jumps 49.5% | Local company

AGOSTINI’s Ltd yesterday reported earnings attributable to its shareholders of $105.55 million for the six months ended March 31, 2022, up 49.5% from the comparable period in 2021. The company, which is listed on the Trinidad and Tobago Stock Exchange, posted revenue of $2.1 billion, up 19.73% from the six-month period ended March 31, 2021. […]

Profit statements

How do grocery stores make money with low profit margins?

This is just one of the stories in our “I’ve Always Wondered” series, where we tackle all your business questions, big or small. Have you ever wondered if recycling is it’s worth it? Or how store brands pile up against brand names? Discover more of the series here. Auditor William from Buffalo, New York asks: […]

Profit statements

SABIC profit up 33% on higher prices and volumes

A man walks past the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh, Saudi Arabia October 27, 2013. REUTERS/Faisal Al Nasser Join now for FREE unlimited access to Reuters.com Register DUBAI, May 12 (Reuters) – Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemical companies, beat expectations on Thursday with a 33% […]

Profit statements

GlobalFoundries Generates Record Profits and Revenues

Contract chipmaker GlobalFoundries Inc. is up today as its stock rose more than 4% in extended trading after reporting first-quarter earnings and earnings that beat analysts’ forecasts as a he’s taking advantage of the ongoing shortages in the industry. The company reported earnings before certain costs such as stock-based compensation of 42 cents per share […]

Profit statements

China Airlines extends momentum, reports first quarter profit

Taipei, May 10 (CNA) China Airlines (CAL), one of Taiwan’s major international airlines, reported net profit for the first quarter of 2022, continuing the momentum it built in 2021 by taking advantage of the high demand for air cargo services. In a statement on Monday, CAL reported net profit of NT$3.072 billion (US$103 million), or […]

Profit statements

Net profit jumps 29.72% to 12.22 cr, revenue up

Shanthi Gears Ltd reported a 29.72% increase in profit for the quarter ending March 31, 2022 to Rs 12.22 crore, the company announced on Sunday. The Tamil Nadu-based company and a group company of the diversified conglomerate Murugappa Group had recorded net profits of Rs 9.42 crore in the corresponding period last year. For the […]

Profit statements

Unity Bank’s annual profit stands at N3.33 billion

Unity Bank Plc reported a pre-tax profit of N3.33 billion in the financial year ending December 2021. The figure indicates a 49.9% increase from the 2.22 billion naira recorded in 2020. In its 2021 annual result filed with the Nigeria Exchange Group (NGX), the bank also posted an 8.1% growth in gross revenue to N50.28 […]

Profit statements

Airline group AIG expects to return to profit this year as passenger numbers rise

Airline group AIG reported an increase in passenger numbers in the first three months of the year as pandemic-related restrictions eased and business travel rebounded. Chief executive Luis Gallego said the group expects to return to profit in the second quarter and for the full year. In its consolidated results for the year to March […]

Profit statements

Britannia Industries’ fourth quarter net profit increases 5%

Bengaluru: FMCG Britannia Industries said on Monday that its consolidated net profit for the quarter ended March 31, 2022 rose 5% year-on-year to Rs 377.95 crore from Rs 360.07 crore recorded in the period. corresponding to the previous year. The company’s revenue jumped 15.5% to Rs 3,508 crore in the January to March quarter of […]

Profit statements

IDFC First Bank’s fourth quarter profit increases 168% year-on-year

Mumbai: IDFC First Bank said on Saturday that its net profit for the quarter ended March 2022 jumped 168 percent year-on-year to Rs 343 crore from Rs 128 crore in the corresponding period last year. The bank’s profit in the quarter was driven by strong growth in core operating income and lower provisions. For the […]

Profit statements

Six of seven new defense companies created from OFB report interim profit

The ministry said that soon after their establishment, these companies were able to secure domestic contracts and export orders. The ministry said that soon after their establishment, these companies were able to secure domestic contracts and export orders. Six of the seven new defense companies created by the corporatization of the Ordnance Factory Board (OFB) […]

Profit statements

GGRAsia – Negative LVS Macau EBITDA 1Q, group profit on sale in Nevada

LVS negative Macau EBITDA 1Q, group profit on sale in Nevada April 28, 2022 news desk Breaking News, Macau, Singapore, Top of the Bridge   Macau casino operator Sands China Ltd returned to negative adjusted earnings before interest, tax, depreciation and amortization (EBITDA) in the first quarter and generated a net loss of $336 […]

Profit statements

Chipotle Revenue: Sales and Profits Rise Despite Inflation as It Adds Locations

Chipotle Mexican Grill said Tuesday that its profits and revenue increased as it opened new locations and increased sales in the first quarter. The fast-food chain said its same-store sales were up 9% year-over-year and it opened 51 new restaurants. Chief Executive Brian Niccol said in a statement that “the company’s first quarter performance was […]

Profit statements

GGRAsia – Casino cash payment technology provider Crane posts $105 million in Q1 profit

Casino cash payment technology provider Crane posts $105 million in first-quarter profit April 26, 2022 news desk Industry Discussions, Latest News, World   Crane Co, a provider of products and services to industries such as cash handling in the casino industry, posted a net profit of $105.0 million in the first quarter. That profit […]

Profit statements

Sundram Fasteners reports fourth quarter standalone net profit at Rs 71.41 cr

: Sundram Fasteners Ltd., engaged in the manufacture of automotive components, said on Saturday that standalone net profit was Rs 71.41 crore for the fourth quarter ending March 31, 2021. The city-based TVS Group company had recorded a standalone net profit of Rs 130.02 crore in the corresponding quarter of the previous […]

Profit statements

Pakistan Refinery Profits Surge More Than 9x in Q3FY22

KARACHI: Pakistan Refinery Limited (PRL) on Thursday announced a record 931% increase in net profit for the third quarter of this fiscal year on the back of increased sales. In a statement to the Pakistan Stock Exchange (PSX), the company announced a net profit of 5.529 billion rupees for the quarter ended March 31, compared […]

Profit statements

Tanzania: NIC profits double as general coverage soars

NATIONAL Insurance Corporation’s (NIC) pre-tax profit more than doubled, largely due to general insurance portfolio proceedings. NIC, the public insurance company, said in its financial statements that pre-tax profit fell from 33.65 billion/- earned for a year ending June 2020 to 73.1 billion/- last June. General insurance earned a pre-tax profit of 64.97 billion/- compared […]

Profit statements

Saudi lender Bank Albilad posts 25% growth in first-quarter profit

Focus on Egypt—Suez Signs $3 Billion Green Power Deal; IMF revises growth outlook upwards CAIRO: Egypt is making efforts towards a green economy, working with media company CNN to highlight its sustainable development and signs a $3 billion deal to produce green energy. On another note, the International Monetary Fund has revised the North African […]

Profit statements

Woodbois Ltd further increases profit margins and container shipments in Q1

Woodbois Ltd (AIM:WBI), which turned profitable last year, said it continued to increase profit margins this year and expects to generate more and more cash. In a first quarter business statement, the Africa-focused sustainable forestry company also announced a management reorganization. Executive Chairman Paul Dolan will return to his role as Chief Executive Officer, Federico […]

Profit statements

Saudi telecommunications firm Zain’s net profit jumps 98% to $22 million in the first quarter on higher revenue

RIYADH/LONDON: A Riyadh-based technology company is bolstering the Kingdom’s armed forces and is placing increasing emphasis on military localization and intellectual property development. In just over a year, Interstellar Solutions, an ambitious technology company under the umbrella of venture capital firm RAZ Holding Group, has acquired several contracts for an integrated defense management system that […]

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Government urged to involve businessmen in policy-making

The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to involve the private sector in the consultation process and develop policies after getting their input to pull the economy out of the current challenges. In a statement, ICCI Chairman Muhammad Shakeel Munir also assured the Prime Minister that the business community would […]

Profit statements

Goldman Sachs wealth management drives earnings down as M&A wave wanes

Goldman Sachs Group Inc reported a 43% drop in earnings, but beat Wall Street expectations as strong performance in wealth management and lower costs cushioned the blow from weak activity on capital markets. The bank has taken steps under Chief Executive David Solomon to diversify its revenue streams and earn more from predictable sources such […]

Profit statements

Vancouver-based nonprofit to host gala in support of women’s education

A Vancouver-based nonprofit is hosting its annual fundraising gala for women’s education next week, and guests can expect an exciting and uplifting evening. One Girl Can, an organization that provides girls in Africa with the opportunity to realize their dreams through education, is hosting the eighth annual IWANTtoBE on Tuesday, April 19 at the Commodore […]

Profit statements

OmniBSIC Bank records its first profit

OmniBSIC Bank has turned losses into profitability for the first time since its merger in 2019. The bank recorded a gross profit of GH¢8.69 million in the first quarter of this year, compared to a loss of GH¢9.27 million in the same period of 2021. The bank’s unaudited financial statements for the first quarter of […]

Profit statements

Cathy O’Neil: “Big Tech Uses Shame to Profit from Our Interactions” | Psychology

VSathy O’Neil is a writer, mathematician and best-selling author Weapons of mathematical destruction, which won the Euler Book Prize. His latest book is The Shame Machine: Who Benefits from the New Age of Humiliation?, which examines the ways in which shame is manufactured and exploited in a range of industries, including prisons, welfare systems and […]

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Unacademy set to lay off 600 employees to focus on profit

Education technology platform Unacademy will terminate the employment of nearly 600 employees, contractors and educators — about 10% of its 6,000 employees — to focus on generating profits by the end of the fourth quarter ( T4) of this year in its core business. The online education platform said it discussed and parted ways with […]

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Local non-profit group tries to stop construction of new hog plant in Sioux Falls

SIOUX FALLS, SD (Dakota News Now) – Is it coming? It’s the phrase a new nonprofit group is using to express its efforts to stop construction of a new $600 million pork processing plant in northeast Sioux Falls. Locally owned Wholestone Farms – whose chairman of the board insists the facility will not look and […]

Profit statements

Drug manufacturing and consumer segment pushes GSK profit to N658m

Fast-moving Nigerian consumer goods company, GlaxoSmithKline (GSK) recorded increased profits in its consumer healthcare and pharmaceutical businesses in 2021, bringing its profits to N658 million. According to BusinessDay findings, the pharmaceutical company saw its profits jump to 658.8 million naira in December 2021, a slight increase of 6% from 622 million naira in December 2020. […]

Profit statements

Jibe of Akhilesh Yadav in BJP

New Delhi: In an attack on the Center, Samajwadi party leader Akhilesh Yadav on Tuesday said he hit the BJP and said the BJP was no longer a party, it had become a business now. A company that recovers “increasing costs” from people without reducing its own profits. Taking to Twitter on India’s rising prices, […]

Profit statements

Vietjet says it posted a profit in the fourth quarter

(PHOTO: Vietjet) Vietjet Aviation released its financial statements for the fourth quarter of 2021, reporting a consolidated after-tax profit of VND100 billion (approximately US$4.4 million), which saw an increase from the 2020s. Although the aviation industry continued to suffer setbacks due to the COVID-19 pandemic in 2021, it has shown signs of recovery since late […]

Profit statements

Aercap makes a profit of 895 million euros for the “milestone” 2021

Aircraft rental giant Aercap made a profit of 895 million euros last year, figures showed on Wednesday. The Dublin-based company, which buys planes from manufacturers such as Airbus and Boeing and leases them to airlines around the world, last year bought rival GE Capital Aviation Services for 25 billion euros. Aercap released results on Wednesday […]

Profit statements

Artisanal Spirits Company reports 27% increase in profits

The owner of the Scotch Malt Whiskey Society (SMWS) has announced a 27% increase in gross profit from £8.8m to £11.2m. Latest results from the Artisanal Spirits Company showed this was driven by revenue growth and a margin improvement to 61.5%, largely due to the long-term suspension of US tariffs on Scotch whiskey . Group […]

Profit statements

BOV announces pre-tax profit of 80 million euros

The MSE Equity Total Return Index (MSE) added to the previous week’s loss, as it closed down 0.76% at 7,616.457 points. A total weekly turnover of only 0.4 million euros was generated on 89 transactions. Of 21 active stocks, seven headed north while another 12 closed in negative territory. Bank of Valletta plc (BOV) gave […]

Profit statements

2021 an “exceptionally productive year for NEXT” with rising profits and pre-tax revenue

2021 has been an “exceptionally productive year for NEXT”, according to its chairman, as the company “has worked hard to adapt and grow [the] company to allow [it] to maximize the opportunities of an increasingly online world. According to results for the year ending January 2022, pre-tax profit rose to £823.1m, from £748.5m in 2019/20 […]

Profit statements

Pak Suzuki Motor reports annual profit of Rs 2.68 billion

KARACHI: Pak Suzuki Motor Company Limited (PSMC) announced on Tuesday a net profit of 2.68 billion rupees for the financial year ended December 31, 2021. The company had reported a loss of 1.38 billion rupees in the previous year, according to financial statements shared with the Pakistan Stock Exchange (PSX). Analysts at Arif Habib Limited […]

Profit statements

Access Bank reports 40% increase in profits to N176.7 billion

Kayode Tokede Access Bank Plc announced a 40% increase in its audited financial statements for the period ended December 31, 2021 to N176.7 billion from N125.9 billion reported in the financial statements ended December 31, 2020. The lender increased its profit for the year by 51% to N160.2 billion from N106 billion in fiscal 2020. […]

Profit statements

EastWest profit down 15% on slow lending recovery

EastWest Bank (EW), headed by Gotianun, said 2021 profits fell more than 15% to 4.5 billion pesos as business slowed during the pandemic, although it stressed that the economic outlook were improving and that it was ready to exceed the setting of high loss provisions against bad debts. The company said in a statement that […]

Profit statements

Saudi Umm Al-Qura Cement’s profits fell 33% in 2021

TOKYO (Reuters) – Japanese Renesas Electronics Corp, Murata Manufacturing Co. Ltd, Sony Group Corp. and other precision parts makers halted some operations on Thursday after an earthquake shook the country’s northeast, the latest blow to the global supply chain. Even as Japan’s dominance in consumer electronics has faded, manufacturers have carved out a global leadership […]

Profit statements

ABSA Bank’s net profit rises 161% to 10.8 billion shillings

NAIROBI, Kenya, March 16 – Absa Bank Kenya has announced a 161% increase in its net profit for the financial year ended December 31, 2021, which stood at Sh109 billion. The bank attributed the rise to growth in interest income, particularly in the small and medium-sized business segment, which was supported to spur economic growth. […]

Profit statements

Von Roll: with a strong increase in profits and sales

Net sales amount to CHF 218.6 million EBIT at CHF 21.9 million Group profit after tax (EAT) at CHF 30.8 million Breitenbach, March 16, 2022 – Von Roll looks back on a solid 2021 financial year. Net sales for 2021 amounted to CHF 218.6 million (2020: CHF 212.2 million). Taking into account changes in the […]

Profit statements

China-run Greek port of Piraeus posts record profit for 2021

A cargo ship is moored at the container terminal in Piraeus, near Athens, Greece, September 20, 2017. /Reuters A cargo ship is moored at the container terminal in Piraeus, near Athens, Greece, September 20, 2017. /Reuters The annual turnover of the Chinese company Piraeus Port Authority SA (PPA SA) in Greece in 2021 reached 154.2 […]

Profit statements

Absa Bank Kenya resumes dividends as 2021 pre-tax profit jumps

A customer uses an ATM outside the banking hall of Absa Bank Kenya Market branch in Nairobi, Kenya November 16, 2021. REUTERS/Thomas Mukoya Join now for FREE unlimited access to Reuters.com Register NAIROBI, March 15 (Reuters) – Absa Bank Kenya said on Tuesday its pre-tax profit jumped 75.7% to 15.55 billion shillings ($136.22 million) in […]

Profit statements

IU Health, facing profit questions, donates $416 million to medical school | News

From: Marvin Bills INDIANAPOLIS (AP) — Indiana University Health has quietly donated $416 million to the Indiana University School of Medicine — a move that comes as the state’s largest hospital system faces pressure to cut prices and its benefits. The donation was not announced by any of the institutions, which are separate organizations, but […]

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reduced PF interest rates; loss for 6 crore employees, EPFO ​​profit 450 crore – INDIA – GENERAL

NEW DELHI: A central board meeting of the Employees Provident Fund Organization (EPFO) in Guwahati has recommended that the interest rate on Employees Provident Fund deposits be reduced by 8.5% to 8.1% for fiscal year 2021-22. year, leaving about 60 million people stranded. The rate will come into effect in accordance with the notification issued […]

Profit statements

VW warns of risks from Ukraine crisis as operating profit doubles

VW is proposing to increase its annual dividend by more than half to 7.50 euros per ordinary share and 7.56 euros per preferred share. The automaker’s VW, Audi, Porsche and Skoda brands were forced to cut production after Russia’s invasion of Ukraine cut off supplies of key Ukrainian-produced wiring harnesses. Automakers are scrambling to find […]

Profit statements

Investors adjust multifamily profit margins for 2022

Investors expect a strong 2022 for multifamily investing, but that could include lower profit margins than 2021, according to Lightbox’s 2022 Q1 Investor Sentiment Report. As higher interest rates put upward pressure on borrowing rates and capitalization rates, earnings will be affected. But David Scherer, co-CEO of Origin Investments, said this does not mark the […]

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Malaysian billionaire glove maker delays Hong Kong listing as profits plummet

Lim Wee Chai, co-founder and chairman of Top Glove, speaks during the company’s listing at the … [+] Singapore Stock Exchange in Singapore, June 28, 2016. Nicky Loh/Bloomberg Top Glove – controlled by billionaire Lim Wee Chai – postponed plans to list on the Hong Kong stock exchange as profits slumped after rubber glove prices […]

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List of Sun Prairie Nonprofit Voluntary Service Organizations | Sun Grassland Star

This partial list of nonprofits and voluntary organizations in Sun Prairie includes information from the most recent nonprofits and organizations brochure available on the Sun Prairie Chamber of Commerce website: Veterans of Foreign War Station 9362 The organization meets monthly. Mission Statement: To support veterans and their families, build patriotism, educate the public, provide community […]

Profit statements

ETF Aggregate Profit Margin Indicator in Python | by Luke Hardy | XCode | March 2022

Analyzing overall ETF profitability is not a simple task, but with this simple script and a robust API, it’s relatively easy! Photo by Tomas Eidsvold on Unsplash Exchange-traded funds (ETFs) have grown in popularity over the past decade due to their simplicity, cost-effective approach to investing, and the diversification they offer. The buy-and-hold outperformance provided […]

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Nokia records its first profit and increases its turnover by 41%

HMD Global, the home of Nokia phones, reported smartphone revenue growth of 41%, helping it record its first full year of operating profitability in 2021. According to the company, it recorded six quarters of growth in the last two quarters of 2020 and four quarters of 2021. In a statement, HMD Global Chief Executive Florian […]

Profit statements

Local nonprofit celebrates passage of PACT law in House

CORPUS CHRISTI, Texas — A breath of relief for Le Roy and Rosie Torres who co-founded Burn Pits 360 to help veterans who have been affected by toxic chemicals from burning fireplaces. The “Promise to Address Comprehensive Toxics,” or PACT Act, passed Thursday by a 256-174 vote in the House of Representatives. Bill aims to […]

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Russian lender TCS posts record profit, focused on challenges

Oliver Hughes, Chief Executive and Chairman of the Board of Tinkoff Bank, attends a ceremony as Russian lender TCS begins trading on the Moscow Stock Exchange in Moscow, Russia October 28, 2019. REUTERS/Evgenia Novozhenina/ Join now for FREE unlimited access to Reuters.com Register MOSCOW, March 4 (Reuters) – Russian lender TCS Group Holding (TCSq.L) said […]

Profit statements

David Jones profit plunges 44% in first half

David Jones reported a 44.6% decline in adjusted operating income to $31 million for the 26 weeks ended December 26, 2021, with revenue down 9.2% for the period. Gross profit margin increased 20 basis points to 35% due to reduced price cuts, a better inventory position and the timing of the Boxing Day sale. In […]

Profit statements

Raiffeisen Bank International proposes to carry forward the entire net profit for 2021

By Ed Frankl Raiffeisen Bank International AG announced on Tuesday that it intends to carry forward its entire net profit from the 2021 financial year “due to the war in Ukraine”. The Austrian lender, one of the largest in Central and Eastern Europe, had previously planned to offer a 2021 dividend of 1.15 euros ($1.29) […]