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

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

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 […]

Lending markets

Canadian CIBC and National Bank earnings beat estimates on loans and market units

The new logo of the Canadian Imperial Bank of Commerce (CIBC) is seen on a building in Toronto, Ontario, Canada September 27, 2021. REUTERS/Chris Helgren/File Photo/File Photo Join now for FREE unlimited access to Reuters.com Register TORONTO, Feb 25 (Reuters) – The Canadian Imperial Bank of Commerce (CIBC) (CM.TO) and National Bank of Canada (NA.TO) […]

Lending markets

CIBC and National Bank earnings beat estimates on loans and market units

Content of the article TORONTO — The Canadian Imperial Bank of Commerce (CIBC) and National Bank of Canada comfortably beat analysts’ estimates for quarterly earnings on Friday, helped by growth in loans and fees as well as strength in their capital markets. Content of the article Lenders join Royal Bank of Canada in posting positive […]

Lending markets

Canadian CIBC and National Bank earnings beat estimates on loan and unit markets

By Nicholas Saminather TORONTO (Reuters) – The Canadian Imperial Bank of Commerce (CIBC) and National Bank of Canada both comfortably beat analysts’ estimates for quarterly profit on Friday, helped by growth in loans and fees, as well as the soundness of their activities in the capital markets. Lenders join Royal Bank of Canada in posting […]

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 […]

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

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. […]

Profit statements

Celtic report £27.6m profit in interim report amid ‘period of transition’

Celtic report £27.6m profit in interim report amid ‘period of transition’ CELTIC announced a pre-tax profit of £27.6 million in its interim report. The club have shared the six-month financial documents which cover the six months up to December 31 tonight. The document, along with a statement from chairman Ian Bankier, cited fan returns, matchday […]

Profit statements

Unilever returns to profit as MTN increases revenue by 45%

RThe results published for the 2021 financial year showed that if Unilever returned to profit, MTN Nigeria increased its revenue by 45%. Analysis of the results of the two companies published this week on the Nigerian Stock Exchange (NGX) indicated that Unilever returned to profitability last year after posting a loss a year earlier. The […]

Profit statements

Pennymac Financial Services profit drops 31% in fourth quarter

California-based non-bank mortgage lender Pennymac Financial Services saw record loan production last year, but a significant decline in net profits. Reflecting the landscape of higher rates, in the last three months of 2021, the servicing segment brought more returns to the business than production. The company reported net income of $1 billion in 2021, down […]