Profit
Exxon’s US$8.6 billion profit beats as volume offsets price weakness
EXXON Mobil beat Wall Street’s third-quarter profit estimate on Friday (Nov 1), boosted by strong oil output in its first full quarter that includes volumes from US shale producer...
Exxon’s US$8.6 billion profit beats estimate as volume offsets price weakness
EXXON Mobil beat Wall Street’s third-quarter profit estimate on Friday (Nov 1), boosted by strong oil output in its first full quarter that includes volumes from US shale producer...
Chevron beats quarterly profit expectations on higher production
CHEVRON on Friday (Nov 1) beat Wall Street estimates for third-quarter profit, helped by higher oil and gas output, but overall earnings fell compared to the year-ago level.
The company,...
TotalEnergies’ profit drops more than expected as oil prices fall
TOTALENERGIES reported a bigger-than-expected drop in profit for the third quarter as refining margins and oil prices fell.
Following a period of unusually high oil and gas prices in recent...
Huawei Technologies reports 13.7% drop in 9-month profit
CHINESE tech giant Huawei reported a drop in net profit despite a jump in revenue on Thursday (Oct 31) for the first nine months of the year, a statement...
Uber issues muted holiday forecast as it hits record profit
UBER Technologies reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating profit. The company posted US$1.06 billion in operating income...
Shell reports drop in Q3 net profit
BRITISH energy major Shell on Thursday (Nov 1) announced a sharp drop in net profit for the third quarter, as it was hit by lower oil prices and weaker...
China Life says profit jumps as market rally lifts returns
CHINA Life Insurance said profit surged 174 per cent in the first nine months of the year as a rally in the nation’s stock market bolstered investment returns.
Net income...
