Sinopec’s interim profit soars on stronger oil, gas prices
(Reuters) – China Petroleum and Chemical Corp, or Sinopec Corp, reported interim net income surged 10.4% to a record 43.53 billion yuan ($6.33 billion), thanks to strong oil and gas…
(Reuters) – China Petroleum and Chemical Corp, or Sinopec Corp, reported interim net income surged 10.4% to a record 43.53 billion yuan ($6.33 billion), thanks to strong oil and gas…
(Reuters) – Australia’s Lynas Rare Earths posted a record more than three-fold jump in annual profit on Friday, boosted by soaring demand for the specialized metals it mines amid a…
By Alexander Marrow MOSCOW (Reuters) -TCS Group Holding’s first-half net profit dropped to a five-year low, hit by higher funding costs and conservative provisioning, the owner of Russian online bank…
SHANGHAI (Reuters) – CATL, the world’s largest electric vehicle (EV) battery manufacturer, more than doubled its profit in the second quarter as Chinese authorities rolled out incentives to boost EV…
(Reuters) – Treasury Wine Estates Ltd posted a 5.3% rise in annual profit on Thursday, as strong U.S. sales and price hikes more than offset a hit from hefty Chinese…
(Reuters) -Singapore Exchange Ltd said on Thursday it posted a marginally higher adjusted profit and record revenues, helped by the bourse operator’s push towards its derivatives product offerings amid a…
By Selena Li HONG KONG (Reuters) -The operator of the Hong Kong Stock Exchange (HKEX) flagged continued pressures from global political tensions and other negative factors as it posted a…
GDANSK – Poland’s biggest bank, PKO BP, is expected to report a 73% year-on-year drop in second-quarter net profit, following provisions for loans in Swiss francs and an institutional protection…
By Riya Sharma (Reuters) -James Hardie cut its annual profit forecast on Tuesday, marking a dramatic shift in stance from the world’s top fibre cement maker as soaring operating costs…
(Reuters) – Brazilian power company Eletrobras on Friday reported its second-quarter net income fell 45%, hit by the provision for losses in investments. In the first earnings report since its…
(Reuters) -Colombian industrial conglomerate Grupo Argos’ second-quarter net profit rose 8% from the same period a year before, the company said on Friday, boosted by revenue increases at its cement…
SAO PAULO – JBS SA , the world’s largest meatpacker, posted an almost 10% drop in net profits, to $766 million, driven by the relative weakness of its U.S. beef…
AMSTERDAM -Dutch bank ABN Amro beat analyst expectations on Wednesday with a jump of 21% in second-quarter net profit to 475 million euros ($485 million), as the release of previous…
(Reuters) – XP Inc posted a marginal jump in second-quarter adjusted profit as the Brazilian broker gained from a surge in assets under custody that offset a slowdown in inflows…
SHANGHAI – China’s Ant Group on Wednesday logged net profit of 11.38 billion yuan ($1.68 billion) in the quarter to March, down 17.3% from a year earlier, according to Reuters…
HONG KONG – CK Hutchison, the ports-to-telecoms arm of retired billionaire Li Ka-shing, said on Thursday its net profit in the first six months rose 4.3%, helped by high energy…
BERLIN – Adidas on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43 million), as results suffered from suspending business in Russia, higher…
MILAN – Telecom Italia (TIM) on Wednesday improved its core profit target for the year, helped by cost cutting and the contribution from the company’s Brazilian subsidiary in the second…
By Satoshi Sugiyama TOKYO – Toyota Motor Corp is expected to report a double-digit drop in first-quarter profit this week, as a chip shortage and supply-chain woes forced the world’s…
By Chibuike Oguh NEW YORK – KKR & Co Inc said on Tuesday its second-quarter after-tax distributable earnings fell 9% year-on-year, as a slowdown in dealmaking amid the market downturn…
By Alexandra Schwarz-Goerlich and Tom Sims VIENNA – The Russian and Belarusian operations of Raiffeisen Bank International (RBI) posted the sharpest gains in profit among its subsidiaries in the first…
(Reuters) – Brazilian pharmacy chain Raia Drogasil SA posted on Friday a 48% increase on its second-quarter adjusted net profit. The company’s profit rose to 343.746 million reais ($66.46 million)in…
By Sabrina Valle HOUSTON – Exxon Mobil Corp on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as it kept a tight rein…
By Nick Carey LONDON – Luxury British carmaker Bentley’s first-half operating profit more than doubled, boosted by increased customisation of cars as sales rose significantly in Europe and Britain despite…
TOKYO – Mizuho Financial Group Inc, Japan’s third-largest lender by assets, reported on Friday a 36% drop in first-quarter net profit from a year ago when earnings were boosted by…