Annual profits

Majority of listed SOEs post annual profits

About 61% of listed public sector companies posted profits while the rest were in the red over the past fiscal year. The Bangladesh Shipping Corporation topped the list with a 213% increase in profit, driven mainly by soaring freight rates. But the Power Grid Company of Bangladesh (PGCB) Ltd – the country’s only public power […]

Annual profits

Primark bolsters AB Foods as annual profits soar

Related British Foods reported an increase in full-year sales and profits on Tuesday, despite soaring input cost inflation, after a stellar performance by its economy fashion brand Primark. Group revenue for the year to September 17 rose 22% in constant and real currency to £17bn, while adjusted operating profit rose 42% to £1.44bn . Pre-tax […]

Annual profits

Booths Sees Full Year Profits Rise, But CEO Warns of Looming Cost of Living Impacts | New

Booths recorded a full-year sales increase of 4.4% to £296.7m in the year to 2 April 2022 (up £12.6m from 284 £.1m the previous year) due to a return of regular post Covid business models as well as a record breaking Christmas season in 2021. Pre-tax profit fell from £1.9m to £3m, while EBITDA increased […]

Annual profits

Origin Enterprises reports strong increase in annual profits

International agribusiness services group Origin Enterprises reported a sharp increase in revenue and profit for the year to the end of July due to strong growth in commodity prices. Origin Enterprises said its annual revenue jumped 41.2% to 2.342 billion euros, while the group’s total operating profit jumped 98.3% to 126.6 million euros. . It […]

Annual profits

Clothing company Patagonia will donate annual profits of…

“If you want to die the richest man, then stay alert. Keep investing, spend nothing. Do not eat anything from the capital. Don’t have a good time. Don’t get to know yourself. Give nothing. Keep all. Die as rich as possible. “But you know what? I’ve heard an expression that says it all: There’s no […]

Annual profits

Dunelm posts record annual profits

DUNELM saw its annual profits jump by almost a third to a new record, but signaled an “extremely difficult” wider economic backdrop. The home goods retailer said pre-tax profits jumped 32.4% to £209m on a 52-week pro forma basis, from £157.8m the previous year. Dunelm said sales remained “robust” in the first 10 weeks since […]

Annual profits

Barratt reveals £200m share buyback on record annual profits

Barratt Developments reveals £200m share buyback and boosts dividend as UK’s biggest homebuilder posts record annual profits Barratt has also increased its recommended final dividend to 25.7p per share The FTSE 100 group made a record adjusted pre-tax profit of £1.05bn Low mortgage rates and undersupply have boosted the UK property market By Harry Wise […]

Annual profits

eBay Sales, eBay Revenue, and eBay Annual Profits

eBay Inc. said its gross merchandise volume, which is the value of all goods sold on the site, fell 18% to $18.55 billion in the second quarter of 2022. The online marketplace said it ended the second quarter with 138 million active buyers, down 12% from a year earlier. Still, analysts and industry watchers have […]

Annual profits

How this suckler breeder more than doubled his annual profits in 10 years

Jimmy Madigan has more than doubled profits on his Kilkenny suckler farm over the past decade, focusing on soil fertility and genetics. ao 100 sucklers, 150 store lambs, 60 store bulls, 10 acres of tillage and some forestry on his 235 acre property in Ballyhale, where he farms alongside his wife Annmarie and their four […]

Annual profits

Berkeley Group FY profits rise, JD Sports more than doubles annual profit

London pre-opening The FTSE 100 was set to open 80.9 points lower before the bell on Wednesday after closing 0.42% higher in the previous session at 7,152.05. Stocks to Watch Real estate developer and home builder Berkeley Group said Wednesday that pre-tax earnings and earnings per share for the full year had both improved in […]

Annual profits

Harry Potter publisher reports bumper annual profit

Bloomsbury Publishing today announced a 40% rise in annual profit and raised its final dividend payment by around a quarter, buoyed by a reading boom that has continued even after the pandemic shutdowns. The London-listed publisher is perhaps best known for taking over JK Rowling’s Harry Potter series in 1997 after it was rejected by […]

Annual profits

Unite Students pledges to donate 1% of annual profits to social initiatives each year – FE News

Unite Students, the UK’s largest student accommodation provider, has pledged to donate 1% of its annual profits to social initiatives in the future, representing a commitment of around £2m per year. year. These initiatives will be closely aligned with its goal of providing a home of student success and its goal of expanding participation in […]

Annual profits

NaphCare to Earn $10 Million in Annual Profits from Arizona Jail Contract

The contractor chosen to provide health care services to people in state prisons expects to earn nearly $10 million in annual profits, according to procurement documents released by the state. The contract represents a 74% increase in the amount of money the state pays to provide health care to each prisoner each day. On Friday, […]

Annual profits

Alibaba’s annual profits fall, rocked by investment losses, slowing China’s economy

Chinese e-commerce and media giant Alibaba posted declining profits in the 12 months to March 2022 after a turbulent year for tech companies, a weakening Chinese economy, a COVID recovery and the Russia’s war in Ukraine. The group’s revenue rose 19% in the year to March, reaching $135 billion (RMB 853 billion). In the fourth […]

Annual profits

AutoTrader’s Full-Year Earnings Nearly Double, Serco Updates Full-Year Guidance

London pre-opening The FTSE 100 was set to open 20.5 points lower before the bell on Thursday after closing the previous session up 0.51% at 7,522.75. Stocks to Watch Digital car sales platform Auto trader nearly doubled its annual profit as more customers shopped online. AutoTrader on Thursday reported a 91% rise in pre-tax profit […]

Annual profits

Climate risks could weigh 10-15% on re/insurers’ annual profits: UK PRA’s Woods

Having published the results of its Climate Biennial Exploratory Scenario (CBES), examining the financial risks posed by climate change for the largest banks and insurers operating in the UK, the Bank of England estimates that over the Over time, climate risks could become a persistent problem. drag on gains.Although climate loss projections are uncertain, notable […]

Annual profits

Cost of living: SSE boss defends 23% rise in annual profits and rejects calls for windfall tax | Economic news

The chief executive of SSE defended the energy company’s 23% rise in annual profits, which were supported by rising energy prices. SSE chief executive Alistair Phillips-Davies has rejected calls for a exceptional tax on energy company profits, highlighting the company’s plans to invest £24bn in UK energy infrastructure this decade, including new wind and hydro […]

Annual profits

Target sales, target revenues and target annual profits

Target Corp. said its first-quarter net profit fell 51.9% as transportation costs rose amid the supply chain crisis. “We had to deal with surprisingly high costs, driven by a number of factors, which resulted in profitability well below our expectations and well below what we expect to operate over time,” said CEO Brian Cornell said […]

Annual profits

CDC’s annual profits and revenues increase

Sales, marketing and support services group DCC reported an 11% increase in full-year operating profit to over £589 million. DCC’s revenue for the year to the end of March rose 32% to £17.732 billion, from £13.412 billion the previous year, due to higher energy commodity prices. As soaring energy prices boosted its performance, CDC’s healthcare […]

Annual profits

Toyota expects annual profit to decline

Toyota Motor Corporation warned that profits could fall by a fifth in the coming year as rising raw material costs, supply chain issues and the pandemic continued to weigh heavily. The Japanese auto giant said it has temporarily suspended, or plans to suspend, production of cars and components at some factories in Japan and overseas […]

Annual profits

Centrica expects higher annual profits

Image: chrisdorney/Shutterstock Centrica predicted that its annual adjusted earnings would be “at the high end of analysts’ more recent expectations.” The owner of British Gas said it delivered “strong operational performance” in the first four months of the year. The energy giant added that volumes from its nuclear and gas generation assets in the UK […]

Annual profits

MTCC announces 21% increase in annual profits in 2021

Maldives Transport and Contracting Company (MTCC) reports an increase in the company’s after-tax profit of 21% in 2021. According to the state-owned company, the notable increase in after-tax profit is directly due to improved activities in the construction and dredging segments of the company. Despite recording an annual improvement in after-tax profit in 2021 compared […]

Annual profits

Tesla is shifting into high gear and is on track to double its annual profits

After the shock of Netflix (NASDAQ:) subscriber failure earlier this week, many Nasdaq stocks were crushed yesterday, with Tesla (NASDAQ:) ending the day down nearly 5% on fears that Last night’s first quarter earnings did not disappoint. That turned out not to be the case with $18.76 billion, up 81% and nearly $1 billion above […]

Annual profits

Tesla shifts into high gear, on track to double annual profits

JEsla’s share price jumped 2.5% in after-hours trading in New York yesterday as the company announced after markets closed that first-quarter revenue was $18.76 billion, beating expectations of $17.80 billion. Earnings per share also beat expectations, coming in at $3.22 versus estimates of $2.27. Tesla stock price up as first-quarter results defy expectations Tesla’s first […]

Annual profits

Tesco sees annual profits soar but warns of soaring inflation

J esco revealed that annual profits have more than tripled, but warned that retail profits will be under pressure this year due to soaring inflation and shoppers returning to their buying habits. before the pandemic. The supermarket giant saw the group’s pre-tax profits climb to £2.03bn in the year to February 26, from £636m the […]

Annual profits

Tesco’s annual profits jump but warn of tougher outlook this year

UK retailer Tesco posted a sharp rise in annual earnings on Wednesday, but warned that current-year earnings could fall as inflationary pressures begin to hit consumers. The company said adjusted operating profit rose 35.8% to £2.65bn in the year to February 26. On a pre-tax basis, it had risen 219% to £2bn. Total group sales […]

Annual profits

Record annual profits for Lookers

The Lookers Mercedes-Benz dealership in Wolverhampton The group, which has sites in the Black Country, Shropshire and Staffordshire, saw its underlying pre-tax profit rise from £13.7m in 2020 to £90.1m, mainly thanks to margins on used vehicles. Revenue also increased by 9%, from £3.69 billion to £4.05 billion. Managing Director Mark Raban said: “2021 has […]

Annual profits

Northam Platinum half-year profits up 60% in South Africa

After losing to Impala Platinum Holdings in a takeover war, the CEO of Northam Platinum Holdings claimed on Thursday that his company’s stake in Royal Bafokeng Platinum (RBPlat) gave him a position of strength and was “the silver medal “. Since November 2021, Northam has acquired a 34.68% stake in RBPlat, hampering Impala’s quest to […]

Annual profits

Playtech’s full-year profits up, Next cuts its forecast for the financial year

London pre-opening The FTSE 100 was set to open 13.7 points higher before the bell on Thursday after closing the previous session 0.22% lower at 7,460.63. Stocks to Watch media company To come up revealed on Thursday that it had acquired digital-only entertainment publisher WhatCulture.com, operator of data news platform Waive for an undisclosed amount. […]

Annual profits

Legal & General Group PLC posts solid annual profit growth

The group said the 11% rise in operating profit “marks a return to our long-term growth rate, having withstood the pandemic.” Legal & General Group PLC (LSE:LGEN) reported strong profit growth for 2021 as it benefited from the post-pandemic economic rebound and the easing of COVID-19 restrictions. The asset management group reported operating profit of […]

Annual profits

H&T sees annual profits fall but loans rise

H&T has stores in the Black Country and Kidderminster It also saw strong growth in borrowing demand in the second half. The profit figure rose by 49.4% from £15.6m in 2020 to £7.9m. The pledge book increased by 38.5% to £66.9m as demand for pawnbrokers has now fully returned to pre-pandemic levels. Retail sales rose […]

Annual profits

Clarkson PLC posts record annual profits as shipping demand recovers from pandemic

The shipping company said it had “a very strong forward order book” and the outlook for freight rates remains positive. Clarkson PLC (LSE:CKN) unveiled record results for 2021 with a 55% increase in underlying profits as shipping markets began to recover from the COVID-19 pandemic. The shipping services company reported underlying pre-tax profits of £69.4 […]

Annual profits

CRH’s annual profits increase in a context of good demand

Irish building materials company HRC on Thursday reported higher profits and revenue for the full year as it hailed good underlying demand. Earnings before interest, taxes, depreciation and amortization increased 16% to $5.35 billion, with sales up 12% from 2020 to $31 billion. Pretax profit for 2021 was $3.3 billion, down from $1.7 billion a […]

Annual profits

Bayer aims for a return to annual profit growth

Diversified German group Bayer is aiming for a return to growth in its adjusted core earnings this year, as higher profits in its agricultural division would likely be tempered by investments in new genetic processing technologies. Earnings before interest, tax, depreciation and amortization (EBITDA) before special items is expected to reach €12 billion in 2022, […]

Annual profits

Serco’s annual profits rise 21% to £216m thanks to Covid contracts | Serco

Serco has lamented ‘grossly unfair’ criticism of its role in the much-criticised NHS Covid-19 test and trace program as the outsourcing company reported a rise in full-year profits that could fund more than £100m in shareholder rewards. The company said it won £700million in Covid-related contracts globally in 2021, bringing its total pandemic-related revenue to […]

Annual profits

HKEX makes annual profit of HK$12.54 billion in 2021 LeapRate

Hong Kong Exchanges and Clearing (HKEX) released its financial results for 2021, reporting a record year for annual profits with a 9% jump to HK$12.54 billion. Earnings per share reached HK$9.9 during the year, up 9% from 2020. The Asian exchange operator’s total revenue for the year was HK$21 billion, up 9% from a year […]

Annual profits

Bank of Scotland owner Lloyds sees annual profits soar to nearly £7billion

The group – the UK’s biggest mortgage lender – reported pre-tax profits of £6.9bn in 2021, up from £1.2bn the year before, although that figure was below City hopes. Lloyds said results were improved as it set aside a £1.2billion credit against bad debt provisions, after setting aside £4.2billion the previous year, while benefiting also […]

Annual profits

Lloyds brings back bonuses after quintupling annual profits

British banking group, Lloyds Bank plc, is reportedly reintroducing bonuses for staff, amounting to £399 million ($534 million) in total, after annual profits jumped up by more than fivefold in 2021.For the uninitiated, a year earlier the bank has scrapped payouts for employees due to the pandemic. Lloyds stated that the decision is a testament […]

Annual profits

BAE Systems PLC sees annual profit jump 13% and expects further growth

The company said its defense and security capabilities “remain highly relevant in an uncertain global environment with complex threats.” BAE Systems PLC (LSE: BA.) has announced increased sales and profits for 2021 and expects further growth for the current year. Underlying profit (EBIT) was £2.2 billion as of December 31, 2021, up 13% year-on-year and […]

Annual profits

Barclays reveals record annual profits and £22m Staley share award freeze | Economic news

Barclays has revealed a jump in annual profits to a record £8.4billion and that share awards currently worth around £22million to former chief executive Jes Staley have been frozen , as he challenges the findings of a regulatory investigation into his relationship with Jeffrey Epstein. The bank confirmed a story by Sky News on Tuesday […]

Annual profits

HSBC doubles its annual profits but considers China’s woes on several fronts | Economic news

HSBC said annual profits more than doubled in 2021, but it faces challenges on multiple fronts in its key Chinese market. The Asia-focused but UK-based bank has warned that China’s “zero-COVID” measures to control the disease in Hong Kong are hurting the economy. He added that the restrictions, aimed at curbing the Omicron variant, could […]

Annual profits

Barclays freezes £22m stock bonuses for ex-boss amid investigation into Epstein links

Barclays has frozen £22million in free share awards to former boss Jes Staley as part of an investigation into his relationship with disgraced financier and convicted sex offender Jeffrey Epstein. The banking giant’s annual report revealed that it had suspended Mr Staley’s unvested long-term free share awards pending regulatory investigation. He said nearly 70 per […]

Annual profits

HSBC doubles annual profits as Covid bad loans fail to materialize

HSBC brought forward its key profitability target by a year and more than doubled its annual profit as the bad debts expected from the Covid-19 pandemic failed to materialize, and it pointed to rising interest rates. his income. Like its global peers, HSBC, one of Europe’s largest banks, is benefiting from lower than expected impairment […]

Annual profits

HSBC doubles annual profit as it plans $1 billion share buyback

HSBC makes the bulk of its profits in Asia, with China and Hong Kong being the main growth drivers. Photo: Carlo Allegri/Reuters HSBC (HSBA.L) more than doubled its annual profit to $18.9bn (£13.9bn) and announced plans to buy back shares worth up to $1bn as the lender was helped by lower bad debts and operating […]

Annual profits

Viva Energy to issue final dividend as annual profits soar

Mr Wyatt said Viva was supported by signs that governments around the world were lifting restrictions, which would boost oil demand, particularly for the company’s aviation fuel. Despite the brighter outlook, shares of Viva Energy were down nearly 3% in mid-afternoon trading. Wyatt said he also expects the company’s strong performance in its refining business […]

Annual profits

NEA’s annual profits expected to exceed Rs 15 billion – myRepublica

The authority recorded a profit of over Rs 12 billion in the first six months of the current financial year KATHMANDU, Feb. 20: The Nepal Electricity Authority (NEA) has made a profit of Rs. 12.12 billion in the first six months of the current fiscal year – financial year 2021/22. According to NEA financial statements […]

Annual profits

Annual BOP profits up 79% YoY to Rs 12.4 billion

Feb. 18, 2022 (MLN): Bank of Punjab (BOP) announced a significant 79% year-on-year increase in net profit to 12.4 billion rupees for CY21 from 6.9 billion rupees harvested last year. This took the bank’s earnings per share to Rs 4.71 from Rs 2.63 in CY20. The significant increase in profitability was attributed to provision reversals […]

Annual profits

Raining Rose will donate 1% of annual profits to Heifer International

Raining Rose Promos, Cedar Rapids, Iowa, has announced that it will donate 1% of its annual profits to Heifer International, a global non-profit organization that supports local farmers and their communities. Raining Rose donations will directly support bees, supplies and beekeeper training. “As a provider of natural and organic personal care products, we source beeswax […]

Annual profits

Pharmaceuticals group GSK announces lower annual profits

LONDON – British pharmaceuticals group GlaxoSmithKline posted declining annual profits after the previous year was boosted by asset sales, but forecasts a recovery in 2022 amid fallout from its healthcare division. After-tax profit fell to just under £4.4bn last year, GSK said in a statement. That compares to £5.7bn in 2020, when its bottom line […]

Annual profits

Drugmaker GlaxoSmithKlin reports declining annual profits

British pharmaceuticals group GlaxoSmithKline (GSK) posted declining annual profits after the previous year was boosted by asset sales, but expects a recovery in 2022 as part of the spin-off of its healthcare division. After-tax profit fell to just under £4.4 billion (R91.21 billion) last year, GSK said in a statement on Wednesday. That compares to […]

Annual profits

Companies can earn $357 billion in annual profits worldwide through people-driven transformation and commitment to ESG: Infosys

Digital adoption alone is no longer enough to achieve business goals and drive profits, according to research from the Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys. The study, Infosys Digital Radar 2022, found that companies must now use digital to differentiate themselves beyond traditional IT metrics, reaffirming the importance of […]

Annual profits

BNP raises payment target after jump in annual profits

BNP Paribas has raised its profit targets and pledged to boost shareholder returns as the French lender pursues a plan to strengthen its investment bank and benefit from an economic recovery. The bank said net profit jumped by more than a third in 2021 to a record 9.5 billion euros, helped by lower charges related […]

Annual profits

Bitcoin Price Impacts Tesla’s Annual Profits as Automaker Loses Money on $2.1 Billion Crypto Purchase

A risky investment didn’t pay off for the tech company – and they had to admit the mistake very publicly. Electric vehicle giant Tesla lost US$101 million (Australian $141 million) after a risky gamble failed to pay off. The tech company revealed in its annual report to the U.S. Securities and Exchange Commission, released last […]

Annual profits

Romanian banks already post record annual profits after 11 months

The net profit of the Romanian banking system reached 7.56 billion RON (1.53 billion EUR) in the first eleven months of 2021, enough to set a new annual record for the full year – unless unexpected losses are recorded in December. The encouraging data was released by the Governor of the National Bank of Romania, […]

Annual profits

Publicis will pay 400 million euros in bonuses “for everyone” after a 75% jump in annual profits | Advertising

Publicis Groupe must pay a “bonus to all those who have been with the company for at least two years, after announcing a 75% increase in annual profits to 1.34 billion euros (1.52 billion dollars) and incomes above pre-pandemic levels. The French agency group grew organic revenue by 10% in 2021, with no slowdown in […]

Annual profits

Santander sees its annual profits increase

Santander Bank reported an increase in annual profits on Wednesday as the global economy recovered from the worst of the pandemic. The Spanish lender reported total revenue for the year to 31 December 2021 of 46.4 billion euros, a 4% jump from 2020, while net operating income came in at 25.0 billion euros, up 6%. […]

Annual profits

Al Seer Marine earns AED2.5 billion in annual profits

The assets of the company stood at AED6.1 billion at the end of 2021. Abu Dhabi: Al Seer Marine PJSC, the leading maritime company in the Middle East region active in several maritime sectors and a subsidiary of International Holding Company (IHC), today announced its fourth quarter and annual financial results. During the twelve-month period, […]

Annual profits

Chevron rakes in $15.6 billion in annual profits as oil prices soar

Chevron Corp. CLC -3.52% had its most profitable year since 2014, reporting on Friday that it made a net profit of $15.6 billion in 2021 as commodity prices surged on the back of a global economic recovery. The US oil giant’s annual revenue was a dramatic turnaround from 2020, when Chevron lost $5.5 billion after […]

Annual profits

Tesla announces record annual profit of $5.5 billion

Tesla reported record annual profit of $5.5 billion on its 2021 earnings call on Wednesday, saying the figure proved the “viability and profitability” of electric vehicles. The Wall Street Journal reported Tesla also achieved $53.8 billion in sales, with gross margins for the company’s cars dropping to 29.3% from 25.6% in 2020. “We believe competitiveness […]

Annual profits

Burberry Forecasts 35% Increase in Annual Profits Thanks to Sales in Asia | Burberry group

Burberry forecast higher profits after attracting young shoppers with puffer jackets and trainers under designer Riccardo Tisci and benefiting from a rebound in the luxury goods market as lockdowns unfold across the world. Fellow luxury brands Richemont and Prada also showed strong trading as affluent consumers splashed out on designer bags, watches and clothes after […]

Annual profits

JP Morgan hits record annual profits despite fourth quarter slowdown

Friday, January 14, 2022 2:44 PM Jamie Dimon, Chairman and CEO of JPMorgan Chase JP Morgan today reported record full-year profits despite a slowdown in business operations and rising costs that weighed on fourth-quarter profit margins. Profits for the full year hit a record $48.3 billion, but the final quarter of the year fell to […]

Annual profits

Investment bank helps JPMorgan post annual profits

JPMorgan Chase posted net profit for the last three months of 2021 ahead of analysts’ expectations, pushing the US banking giant to post a full-year profit. In fourth-quarter earnings on Friday, the largest U.S. lender said net income was $10.4 billion, or $3.33 per share. That was down from $12.1 billion, or $3.79 per share, […]

Annual profits

Marks & Spencer exceeds its annual profit forecast

UK food and clothing retailer Mark & ​​Spencer said it now expects annual profits of at least £500million after strong Christmas sales driven by the outperformance of its food range, but also warned of increased inflationary pressure. The company’s revised guidance is slightly up from a previous profit forecast before tax and adjusted items of […]

Annual profits

Dunelm raises annual profit forecast after strong second quarter

British housewares retailer Dunelm raised its annual profit forecast on Wednesday after a record performance in the 13 weeks leading up to Christmas, thanks to online sales and higher margins. The company posted second quarter revenue of £ 407million, up 13% year on year and 26% more than two years ago before the Covid pandemic. […]

Annual profits

JD Sports raises full-year profit forecast after strong second half

JD Sports Fashion raised its full-year profit forecast after revenues rose 10% in the 22 weeks to Jan. 1 as U.S. fiscal stimulus measures also boosted trade. The sports fashion chain said on Wednesday it expects pre-tax profits of at least £875m compared to previous expectations of £810m after heavy trading over Christmas and Black […]

Annual profits

Trafigura Group Pte Ltd Reports Record Yearly Profits on Rising Raw Material Prices and Trading Volumes

[ad_1] Trafigura Group Pte Ltd, one of the largest commodity traders in the world, achieved record annual profits thanks to rising commodity prices and increasing transaction volumes. Underlying EBITDA increased 13% to $ 6.9 billion (£ 5.2 billion) for the year ending September as revenue jumped 57% to a record high of $ 231.3 billion. […]

Annual profits

AJ Bell annual profits up 13% to £ 55million

[ad_1] Its annual results, released this morning (December 2), indicate this is a record year for the company with total customer numbers up over 87,000, net inflows of 6.4 billion pounds sterling and assets under administration totaling £ 72.8 billion. Its additional income rose 15% to £ 145.8million from £ 126.7million last year and profit […]

Annual profits

Siemens annual profits rise despite supply chain problems – business & finance

[ad_1] FRANKFURT (Reuters) – German industrial giant Siemens on Thursday reported an increase in its annual net profit despite a fourth quarter troubled by global supply chain problems which the company says will improve next year. After the split of its energy subsidiary last year, the company has had “a very successful start as a […]

Annual profits

Siemens Annual Profits Rise Despite Supply Chain Problems

[ad_1] German industrial giant Siemens on Thursday reported an increase in annual net profit despite a fourth quarter troubled by global supply chain issues which the company says will improve next year. After the split of its energy subsidiary last year, the company has had “a very successful start as a specialist technology company,” CEO […]

Annual profits

Marks & Spencer Boosts Annual Profit Outlook For Second Time In Less Than Three Months

[ad_1] The retail giant posted pre-tax profits of £ 187.3million for the six months to October 2 from losses of £ 87.6million a year earlier at the height of the pandemic . On an underlying basis, pre-tax profits jumped to £ 269.4million, up 52.8% from two years before the pandemic, and from losses of £ […]

Annual profits

Most Pharmaceutical Companies Post Higher Annual Profits

[ad_1] Pandemic Helps Drug and Personal Care Manufacturers Record Strong Sales Increase 09 November 2021, 22:30 Last modification: 09 November 2021, 22:43 Infographic: SCT “> Infographic: SCT Most of the listed pharmaceutical and chemical companies recorded a higher profit in fiscal year 2020-2021 compared to the previous year thanks to increased sales during the Covid-19 […]

Annual profits

Georgia Lottery Annual Profits For HOPE, Pre-K Soar To Record $ 1.54 Billion

[ad_1] The Georgia Lottery Corp. today announced its most successful year ever with historic profits generated for Georgia’s HOPE and pre-K scholarship programs. The Georgia Lottery raised a record $ 1,544,954,000 in profit for fiscal 2021, bringing the total transferred to the treasury education lottery account since its inception to more than $ 23.8 billion […]

Annual profits

Nike’s annual profits soar 196%, best in company history

Nike’s annual profits are up 196% from last year and 42% from 2019. … [+] increased by 19%. (Photo by Stephanie Keith/Getty Images) Getty Images Nike announced its fourth quarter (Q4) and annual performance for the fiscal year ending May 31, 2021, with annual profits up 196% from last year and 42% from 2019, which […]

Annual profits

Spirits giant who owns Bruichladdich whiskey increases annual profits

[ad_1] Rémy Cointreau, headquartered in France, said net profit attributable to the group excluding non-recurring items during the year ended March was € 148.2 million (£ 127 million ) up 19.4% on a reported basis and exceeding expectations. Sales amounted to just over € 1 billion, up 1.8% organically and down 1.4% as reported – […]