profit

Robust Fuel Sales Drive Profits for Oman’s Oil Marketing Companies in Q1 2023

Fueling Success: Oman's Oil Marketing Companies Soar to New Heights in Q1 2023. Robust sales drive profits, with Oman Oil…

2 years ago

Shell makes record $40 bln profit in tumultuous 2022

Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which…

3 years ago

Swiss National Bank posts record $143 billion loss in 2022

The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($143 billion) in 2022, it said on…

3 years ago

Sony hikes FY profit forecast by 4.5% on foreign exchange boost

Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the…

3 years ago

Exclusive: GE lays off workers at onshore wind unit as part of turnaround strategy

General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and…

3 years ago

Thyssenkrupp’s profit to double in 2022, flags hydrogen IPO

Thyssenkrupp's (TKAG.DE) operating profit could more than double next year, the submarines-to-steel group said on Thursday, boosted by an economic recovery and…

4 years ago

AmEx profit beats as pandemic curbs ease, aiding spending recovery

American Express Co (AXP.N) on Friday reported a higher profit that topped Wall Street estimates for the fourth straight quarter,…

4 years ago

Tencent says more regulations set to come as quarterly profit jumps

China's Tencent Holdings (0700.HK) said on Wednesday that the internet industry should brace for more regulations and uncertainty, but it believed Beijing…

4 years ago

France’s Axa rebounds from pandemic as XL unit swings to profit

Axa (AXAF.PA) posted a 180% surge in first-half net income on Monday as the French insurer rebounded from a spike…

4 years ago

Ford raises 2021 profit outlook, eyes shift to build-to-order

Ford Motor Co (F.N) on Wednesday boosted its 2021 profit forecast after reporting better-than-expected quarterly results, lifting the No. 2…

4 years ago