Tag: profit
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CD Projekt H1 profit jumps 37%, beats estimates
GDANSK, Sept 2 : Poland’s biggest game developer CD Projekt RED on Wednesday reported a 37 per cent rise in half-year net profit compared with the previous year thanks to strong sales of games. • Net profit was 249.1 million zlotys ($66.70 million) beating analysts’ expectations of 201 million zlotys seen i
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BYD posts first quarterly profit rise in over a year
BEIJING, Aug 28 : Chinese electric vehicle maker BYD on Friday posted its first quarterly profit rise in more than a year, helped by a surge in exports that offset weak domestic sales.The world’s largest EV maker by shipments has been at the forefront of Chinese automakers’ overseas push, gaining market share
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Zoom forecasts quarterly profit below estimates
Aug 25 : Zoom Communications forecast third-quarter profit below Wall Street expectations on Tuesday, signaling stiff competition was squeezing the video-conferencing company even as it ramps up AI features on its services. Shares of the San Jose, California-based company fell 3.8 per cent in extended trading
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Nintendo first-quarter net profit jumps more than 50%
TOKYO: Nintendo said on Thursday (Aug 6) net profit jumped more than 50 per cent year-on-year in the first quarter, helped by increased video game sales and a windfall connected to United States tariff refunds.The success of “The Super Mario Galaxy Movie” was also a bright point for the Japanese gaming giant,
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Nippon Steel raises FY2026 profit forecast on strong US Steel earnings
TOKYO, Aug 4 : Japan’s top steelmaker Nippon Steel on Tuesday raised its full-year net profit forecast by 32 per cent to 290 billion yen ($1.84 billion), citing stronger earnings at U.S. Steel amid a firmer U.S. steel market. • Nippon Steel posted a 75.30 billion yen net profit for the April-June first qua
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HSBC restarts buybacks after rates and wealth boost H1 profit
HONG KONG/LONDON, Aug 4 : HSBC Holdings reported a better-than-expected first-half profit and raised its net interest income target, driven by revenue growth in lending and wealth management fee earnings on robust money flows.Europe’s largest bank posted a pretax profit of $19.5 billion for the first six mont
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MUFG’s first-quarter profit soars 48% on higher loan margins
TOKYO, Aug 3 : Mitsubishi UFJ Financial Group booked a 48 per cent jump in first-quarter profit, it said on Monday, joining rivals in seeing earnings jump in the period as loan demand stayed strong despite volatile global markets.Japan’s largest lender by assets generated 809.4 billion yen ($5.2 billion) in
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Japan bank SMFG’s Q1 profit jumps 33% on robust loan demand
TOKYO, July 31 : Sumitomo Mitsui Financial Group recorded a 33 per cent rise in first-quarter profit, marking the latest Japanese financial institution to weather huge swings in global markets and trade and stay on track for record profits.Strong loan demand from SMFG’s clients, which are primarily made of up
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