profit

SHANGHAI/HONG KONG -CATL, the world’s largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it …

By Iain Withers and Lawrence White LONDON – British lender NatWest posted a 41% jump in first-quarter profit on Friday, as rising rates boosted income even as they threaten to …

STOCKHOLM – Swedish banking group Swedbank on Thursday reported slightly better-than-expected net profit for the quarter but said a potential interruption of Russian gas deliveries to Europe would have an …

OSLO – DNB, Norway’s largest bank, posted better-than-expected first-quarter earnings on Thursday, reflecting a strong Norwegian economy and a high level of activity in the corporate market following an end …

By Timothy Aeppel (Reuters) – Surging inflation and snarled supply lines have hit U.S. manufacturers like Snap-on Inc over the past year, but so far haven’t hurt profits. The toolmaker, …

(Reuters) -Newmont Corp on Friday posted a fall in first-quarter profit, as the world’s biggest gold miner was hurt by lower gold sales volumes. Miners have been dealing with labor …

By Akash Sriram (Reuters) – Tesla Inc’s eye-popping profit margin has raised doubts among Wall Street analysts if the company would be able to keep at it amid rising commodity …

(Reuters) -U.S. railroad operator Union Pacific Corp posted a 21.5% jump in first-quarter profit on Thursday, benefiting from higher shipments due to a rise in U.S. factory production and price …

By Heekyong Yang SEOUL – Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks to a sharply weaker won boosting the value of its exports …

By Rajesh Kumar Singh CHICAGO – United Airlines Holdings on Wednesday forecast a profit for the second quarter as it expects booming travel demand to generate the highest quarterly revenue …

(Reuters) – Property and casualty insurer Travelers Companies Inc reported a 48% jump in quarterly profit that beat analysts’ estimates on Tuesday, as lower catastrophe-related claims cushioned a hit from …

TOKYO – Bank Of Japan Governor Haruhiko Kuroda said on Monday that the recent sharp weakening in the yen could impact on Japanese firms’ earnings plans. It is desirable that …

By Amruta Khandekar and Bhanvi Satija (Reuters) -UnitedHealth Group Inc on Thursday modestly raised its 2022 profit forecast, saying demand for healthcare procedures deferred during the pandemic was approaching normal …

By Harshita Swaminathan (Reuters) – Graincorp said on Friday it expects underlying profit for fiscal 2022 to be around 2.5 times that of last year, as the Australian agribusiness firm …

By Rachel Savage LONDON – The European Bank for Reconstruction and Development said on Thursday that Russia’s war in Ukraine would have a significant impact on its finances this year, …

By Joyce Lee SEOUL – Samsung Electronics Co Ltd is likely to post its highest first-quarter profit since 2018, analysts’ estimates showed, driven by brisk profits on memory chips as …

HAMBURG – Europe’s largest sugar producer Suedzucker on Monday posted a rise of almost 40% in full year operating profit as improved sugar and bioethanol markets boosted earnings. Group operating …

HONG KONG – China Vanke, the country’s No.2 property developer by sales, said on Thursday it expects its net profit to stabilise in 2022 after Chairman Yu Liang apologised to …

Seattle – A resident of Astoria, Oregon was convicted this week in U.S. District Court in Seattle of five federal felonies connected to his scheme to profit from illegal kickbacks …

By Anna Ringstrom STOCKHOLM – Sweden’s H&M is seen swinging back to profit in its December-February quarter as pandemic effects ease, though the closure of its Russian stores and the …

SHANGHAI – Industrial and Commercial Bank of China (ICBC),, the world’s largest-listed lender by assets, reported a 10.65% rise in fourth-quarter net profit on Wednesday. Net profit for the three …

By Yousef Saba DUBAI – Dubai’s Emirates expects to significantly reduce losses in the current financial year and return to profit next year, the airline’s president indicated on Tuesday. “We …

BEIJING/SHANGHAI – CITIC Securities Co, China’s biggest brokerage, reported on Monday a 55.01% rise in profit in 2021, led by strong gains in securities investments. Net profit for the 12 …

BEIJING – Chinese pork processing giant WH Group Ltd on Monday reported a 7.2% rise in annual profit to $1.043 billion driven by higher sales in the United States and …

By Min Zhang and Twinnie Siu BEIJING/HONG KONG – Aluminum Corp of China Ltd, known as Chalco, said on Tuesday its net income surged 564.6% in 2021 to log its …