Profit statements

Geojit net profit jumps 26% to Rs 39.7 cr in December quarter

Brokerage leader Geojit Financial Services on Monday announced a 26% increase in its consolidated net profit to Rs 39.7 crore for the December 2021 quarter. The Kochi-based company had recorded a net profit of Rs 31.5 crore in the corresponding period last year, it said in a statement. Its consolidated revenue from October to December […]

Profit statements

Revenue vs profit: what’s the difference?

Revenue and profit are two of the most important numbers to focus on for business owners and stock investors. Revenue is the total amount of money the business has earned in a given period; profit is what remains after deducting expenses. For some companies, profit margins and efficiency are so high that there is not […]

Profit statements

Valero posts quarterly profit on rising gasoline demand

The Valero refinery next to the Houston Ship Channel is seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott/File Photo Jan 27 (Reuters) – U.S. refiner Valero Energy Corp (VLO.N) posted a quarterly profit on Thursday, up from a loss a year ago, as demand for fuel and refined products soared due to a […]

Profit statements

CHS sees big profit gains as global trade and energy demand skyrocket

A hiatus in the US-China trade war and surging demand for petroleum energy are fueling a strong financial rebound at CHS Inc., the country’s largest farmers’ cooperative. The Inver Grove Heights-based company released its fiscal 2022 first quarter results on Wednesday that reflect a reversal of some of the more troubling trends it faced at […]

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

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

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 […]