Tag: profit

NAB profit dips despite stability

Pacific Piumi Fernando -
National Australia Bank (NAB), the third-largest lender in Australia by total loans, reported a decline in profit for the...

Coca-Cola increases annual sales

Business & Trade Suraj Atapattu -
Global (Commonwealth) _ Coca-Cola lifted its yearly sales and profit predictions on Tuesday, citing price increases and more advertising,...

Jaguar Land Rover records highest profit ever

Business & Trade Suraj Atapattu -
UK (Commonwealth) _ Jaguar Land Rover (JLR), a luxury car manufacturer, announced pre-tax profits that were at their highest...

John Lewis’s “return to profit” strategy resulted in layoffs

Europe Valentina Bowling -
United Kingdom (Commonwealth Union)_John Lewis has confirmed to ITV News that it will be looking to reduce the size of...

Burberry drops profit expectations as luxury demand ebbs

Europe Valentina Bowling -
United Kingdom (Commonwealth Union)_ - Britain's Burberry (BRBY.L) blamed a worsening slowdown in demand for luxury goods for its second downgrade...

Primark’s Profit Shines Bright as Inflation Takes a Backseat to Fashion Success

News Upeksha Jayalath -
Primark's profitability is set to increase, fueled by reduced raw material and freight expenses, according to Associated British Foods...
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Hindustan Coca-Cola profits more than…

Business & Trade Suraj Atapattu -
India (Commonwealth) _ According to financial data acquired by business intelligence platform Tofler, Hindustan Coca-Cola Beverages, the Indian bottling...

First full year profit since…

Aviation Warsha De Silva -
Aviation and Airlines (Commonwealth Union) _ Air Seychelles, the flag carrier of the Republic of Seychelles, has achieved a...

price increases does not give bigger profit to businesses!

Maritime and Trade Suraj Atapattu -
Companies are "not profiteering" by raising prices instead, they are merely responding to pressures farther down their supply chain,...

Can India profit from China’s industrial woes?

Manufacturing and Production News Wasana Nadeeshani -
By Wasana Nadeeshani India (Commonwealth Union)_ Apple's little step might be a tremendous leap for the Indian economy. The business...

Bangladesh will profit from the European Union’s investment in climate-smart development

Business & Trade Wasana Nadeeshani -
The European Union recently pledged $21.5 million to six South Asian nations (Bangladesh, Bhutan, India, Maldives, Nepal, and Sri...

CIBC announces plans for share split and beats expectations on profit growth,

Business & Trade Veronica Elishya -
TORONTO (CU)_Canada’s bank earnings season is here, as the country’s largest lenders reported their quarterly financial results last week....

IDBI reports record profit on the back of lower cost of funds

Business & Trade Veronica Elishya -
MUMBAI (CU)_During final quarter of 2021, IDBI Bank’s cost of funds fell by 60 basis points to 3.79 per...

India’s mortgage lender’s profit surge on strong loan demand

Business & Trade Veronica Elishya -
MUMBAI (CU)_Demand for home loans in India has continued to remain strong over the recent months and this has...

UOB’s Q1 profit increases 18% on lower impairment charges

Features Michael Alfonsia -
Rebounding of a country’s financial sector, indicates the economic health of that nation and this is applicable to Asian...

Alphabet profit reaches a $4.75 billion boost

Business & Trade Michael Alfonsia -
Alphabet just recorded its most profitable quarter ever, partially due to a booming IPO market and surging in valuations...