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All Stories: profit

Oil giant Shell rebounds into profit in third quarter

Profit after tax for July-September was boosted by steadier oil prices and contrasted with a vast net loss of $18.1 billion in the second quarter, when Shell was slammed by Covid-19

Samsung Electronics forecasts profits jump despite virus

Samsung Electronics forecast a 23-percent rise in second-quarter operating profit.

PUBG maker announces 2019 third quarter results

Tencent also said that it made encouraging progress toward globalizing its activities, particularly for online games where they created, published or operated some of the most popular mobile games outside China, such as PUBG MOBILE and Call of Duty Mobile

TeamViewer core profits up 95%

TeamViewer, which floated recently in Europe’s biggest initial public offering of 2019, on Monday reported a near-doubling in core profits

Samsung flags smartphone profit fall, upbeat on chips

Strong sales of the Galaxy Note 10 smartphone helped the South Korean firm report its best mobile business profit in six quarters in the three months ended in September

Huawei’s revenue rises 24.4% in first three quarters of 2019

Huawei is the world’s biggest maker of telecom network equipment and the second-largest smartphone maker.

EasyJet uplift fails to pierce airline industry clouds

British budget airline easyJet expects full-year profit towards the top end of expectations, helped by pilot strikes at rivals British Airways and Ryanair

Samsung flags 56% fall in Q2 operating profit

Samsung said Friday it expects operating profit to tumble 56 percent for the second quarter of this year in the face of a weakening chip market.

PSO posts Rs4.2 bn profit in first half of FY19

It dominated the oil market with the cumulative 40.9 shares

Nooriabad Power Plant earns Rs6.62bn profit, Sindh Cabinet informed

Minister for Local Bodies Saeed Ghani informed the meeting about the steps taken for cleanliness work in Karachi after rain in the city.

China’s industrial profits slow for sixth month, seen weakening further

BEIJING: Profit growth at China’s industrial firms cooled for a sixth straight month in October as factory prices and the pace of sales increases...

Samsung Electronics profit growth slows on smartphone weakness

SEOUL: South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings grew at the slowest pace in more than a year in...

Head of games at Angry Birds firm goes after profit warning

HELSINKI: "Angry birds" maker Rovio said on Friday its head of games was leaving, a week after the Finnish company issued a profit warning...

Twitter hits milestone with first-ever profit

WASHINGTON: Twitter on Thursday reported its first-ever quarterly profit, a key milestone that sent shares soaring at the social network which has lagged for...

Facebook reaches 2 billion users as revenue jumps

CALIFORNIA: Facebook on Wednesday reported that its quarterly profit surged as its ranks of monthly users closed in on two billion, but warned of...

Nintendo returns to profit on mobile gaming

OSAKA: Nintendo Co Ltd on Tuesday reported its first quarterly profit in a year as its nascent mobile games division started to bring in revenue,...

Philips profits more than double in 2016

THE HAGUE, NETHERLANDS: Dutch electronics giant Philips said on Tuesday its bottom-line profit more than doubled in 2016, buoyed by gains from the flotation...

EU banks at risk from bad loans, low profit: regulator

LONDON: The greatest risks facing European Union banks are high levels of bad loans and lower profitability, the bloc's financial regulator said in a...

Apple’s holiday surprise: big sales, not so big profits

Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season even...

Punjab warns federal govt over non-payment of hydel profit arrears

LAHORE: Punjab government has demanded of the federal government of arrears of net hydel profit worth Rs 102 billion with the ultimatum that it would take up the issue in the Council of Common Interest (CCI) if it is not timely resolved.  
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