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

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 […]

Investment reports

BRIDGE INVESTMENT ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 RESULTS – Form 8-K

BRIDGE INVESTMENT GROUP HOLDINGS INC. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2021 RESULTS SALT LAKE CITY, UTAH-Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today released financial results for its fourth quarter and fiscal year ended December 31, 2021. Fourth quarter 2021 TotalIncome and […]

Profit statements

CIMB Q4 net profit nearly quadruples to RM854.51m and pays dividend of SR12.55

KUALA LUMPUR (February 28): CIMB Group Holdings Bhd’s net profit for the fourth quarter ended December 31, 2021 (4QFY21) increased nearly fourfold to RM854.51 million from RM214.98 million it a year ago, due to significantly lower provisions. Its revenue for 4QFY21, however, fell 1.68% to RM4.59 billion from RM4.67 billion a year ago, its filing […]

Investment reports

Saneh Industrial Investment announces stand-alone net loss of Rs 0.01 crore in December 2021 quarter

Sales declared void Net loss of Saneh Industrial Investment was reported at Rs 0.01 crore during the quarter ended December 2021. There was no net profit/loss reported during the previous quarter ended December 2020. No sales n was reported during the quarter ended December 2021 and during the prior quarter. end of December […]

Profit statements

DRB-Hicom closes FY21 in the red as Q4 profit drops 88% in the absence of windfall gains

KUALA LUMPUR (February 24): DRB-Hicom Bhd closed its financial year ended December 31, 2021 (FY21) in the red, after recording an 88% drop in net profit in the fourth quarter to RM117.47 million against RM985.99 million in the same quarter a year ago. The drop in quarterly profit was due to the fact that the […]

Investment reports

New India Retailing & Investment announces standalone net loss of Rs 0.10 crore in the December 2021 quarter

Sales increase by 9.62% to Rs 0.57 crore New India Retailing & Investment’s net loss was reported at Rs 0.10 crore in the quarter ended December 2021, compared to a net loss of Rs 0.01 crore in the previous quarter ended December 2020. Sales increased increased by 9.62% to Rs 0.57 crore in […]

Profit statements

MSM Malaysia Berhad: PROFIT BEFORE TAX (PBT) RISES 125% TO RM81M FOR FY2021

MSM’S PRE-TAX PROFIT (PBT) HAS INCREASED BY 125% TO RM81M FOR FISCAL YEAR 2021 KUALA LUMPUR, FEBRUARY 22, 2022 – MSM Malaysia Holdings Berhad (MSM) recorded a profit before tax (PBT) of RM81 million for the 12 months ended December 31, 2021 (FY2021), compared to a PBT of RM36 million in the corresponding period from […]

Profit statements

Freightways makes half-year profit of $43.7 million

Information Management, Freight and Courier Freightways delivered a strong first half, despite challenges posed by Covid-19 lockdowns. Photo: 123RF Key financial data (For the six months ended December 31 over the prior year.) Net income – $43.7 million vs. $21.5 million up 104% Revenue of $442.0 million vs. $410.3 million, up 8% Expenses – $371.4 […]

Profit statements

MGRC returns to profit in 2Q22

KUALA LUMPUR: Malaysian Genome Resource Center Bhd (MGRC) recorded a net profit of RM1.01 million in the second quarter ended 31 December 2021 (2Q22) compared to a net loss of RM1.55 million in the same period a year earlier. The improved performance was due to its successful penetration into immunotherapy and cell therapy distribution, which […]

Profit statements

ONGC standalone net income in Q3FY22 up 596.7%

New Delhi, February 12 (IANS): Diversified energy giant ONGC on Saturday announced a 596.7% increase in its standalone net profit for the quarter ended December 31, 2021. As a result, third quarter standalone net profit increased to Rs 8,764 crore from Rs 1,258 crore reported in the corresponding period of the previous fiscal year. […]