Profit
PetroChina profit rises as economic recovery remains uneven
PetroChina recorded its highest first-quarter profit amid steady global oil prices and even as China’s economic rebound struggles to gain traction.China’s largest oil and gas producer said net income...
China’s mega banks post rare profit drops on margin squeeze
INDUSTRIAL & Commercial Bank of China (ICBC), the nation’s largest lender, reported its first decline in quarterly profit in more than a year as margins continue to contract. Net...
China’s AgBank Q1 profit falls 1.63% as loan margins shrink
AGRICULTURAL Bank of China (AgBank) reported a 1.63 per cent fall in first-quarter net profit on Monday (Apr 29), due to shrinking profitability amid sluggish loan demand.
Net profit for...
Saudi National Bank posts marginal rise in Q1 profit
Saudi National Bank (SNB), the Kingdom’s largest bank by assets, posted a marginal increase in first-quarter profit on Monday (Apr 29), as the lender was hit by higher operating...
Great Eastern reports 26% higher Q1 profit of S$306.7 million
GREAT Eastern posted a 26 per cent year-on-year increase in profit to S$306.7 million for the first quarter ended March, versus S$244 million in the same period the year...
Porsche posts Q1 profit drop on ramp-up costs
PORSCHE on Friday (Apr 26) reported a 30 per cent drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year...
HCA beats first-quarter profit estimates on higher patient admissions
HCA Healthcare on Friday (Apr 26) beat Wall Street estimates for quarterly profit, helped by higher patient admissions due to demand for healthcare services.
The hospital operator, however, reaffirmed its...
Exxon misses on Q1 profit despite big gains in Guyana
ExxonMobil on Friday (Apr 26) missed analysts’ estimates with a 28 per cent year-on-year drop in first quarter profits as weaker refining margins and lower natural gas prices offset...
