Profit
Uniqlo operator Fast Retailing’s Q2 profit climbs 7.2%
JAPAN’S Fast Retailing said on Thursday (Apr 11) that second quarter profit increased by 7.2 per cent, continuing momentum for what the Uniqlo operator expects to be a third...
Red-hot cocoa price melts profit at top chocolate-maker
BARRY Callebaut, the world’s biggest supplier of chocolate to the food industry, said Wednesday (Apr 10) that the surge in global cocoa prices had chipped away at profits.In the...
Samsung Electronics expects 10-fold rise in Q1 profit
SAMSUNG Electronics said on Friday (Apr 5) it expects first-quarter operating profits to rise more than 10-fold year on year as chip prices recover.The firm is the flagship subsidiary...
BlackBerry reports surprise profit on demand for cybersecurity services
CANADA’S BlackBerry reported a surprise profit for the fourth quarter on Wednesday (Apr 3), helped by higher demand for its cybersecurity services amid growing online crimes and high-profile hacks.US-listed...
Levi Strauss raises profit forecast on cost saving initiatives, fewer discounts
LEVI Strauss raised its annual profit forecast on Wednesday (Apr 3), citing the apparel maker’s recent cost savings from job cuts and less aggressive discounts on its jeans and...
ExxonMobil signals weaker oil and gas prices to hit first-quarter profit
EXXONMOBIL on Wednesday (Apr 3) signalled first-quarter operating results would drop over the prior quarter on weaker oil, gas prices and a big loss in fuel derivatives, a securities...
Samsung profit likely biggest in six quarters on higher chip prices
SAMSUNG Electronics is expected to post a nearly nine-fold increase in first-quarter profit from a year earlier as rebounding semiconductor prices lift earnings from a low base caused by...
Lego billionaires’ cash pile grows as portfolio swings to profit
THE billionaire owners of the Lego empire reported a 5.9 per cent rise in profits, helped by a turnaround in its investment portfolio.
The Kirkbi group’s net income rose to...
