Tag: profit
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Seven & i operating profit falls 11% in second quarter
TOKYO, Oct 8 : The Japanese operator of the 7-Eleven convenience store chain, Seven & i Holdings, said on Thursday it booked an 11 per cent fall in second-quarter operating profit.The firm generated 127.3 billion yen ($805 million) operating profit over the June-August period, as compared to 132.3 billion ye
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LG Energy Solution flags 26% rise in Q3 operating profit
SEOUL, Oct 8 : South Korean battery maker LG Energy Solution said on Thursday the company expects its July-September operating profit to rise 25.7 per cent to 756 billion won ($564.09 million).That compared with an LSEG SmartEstimate forecast for an operating profit of 309 billion won, which is weighted towar
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Samsung’s Q3 profit seen jumping nine-fold, but chip margins may be flat
SEOUL, Oct 7 : Samsung Electronics is expected to report a nearly nine-fold jump in third-quarter operating profit, driven by robust AI demand, though analysts have cut forecasts by nearly 8 per cent since the end of August.Despite moderating gains in the prices of memory chips and a strengthening South Korea
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UK’s IQE posts half-year profit on AI infrastructure demand
Sept 7 : British chip components maker IQE Plc posted a half-yearly core profit on Monday, compared to a year-ago loss, helped by strong demand from AI infrastructure and data centre and defence customers.After a slowdown in the electronics market and disruption linked to U.S. tariffs, Wales-based IQE is bene
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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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CK Hutchison first-half underlying profit up 6.7%
HONG KONG, Aug 13 : Hong Kong ports-to-telecoms group CK Hutchison posted a 6.7 per cent rise in underlying profit in the first six months of 2026 on Thursday, thanks to solid performance in its ports and retail businesses.CK reported underlying profit of HK$12.6 billion ($1.61 billion) on a post-IFRS 16 basi
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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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