Tag: profit jumps
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Nintendo Q1 operating profit jumps 151%, beating analyst estimates
TOKYO, Aug 6 : Nintendo said on Thursday operating profit rose 150.5 per cent to 142.6 billion yen ($903.8 million) in the April-June quarter. That compared with an average estimate of 70.3 billion yen from 15 analysts polled by LSEG. ($1 = 157.7800 yen)
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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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Mastercard profit jumps as stable spending drives transaction volumes
July 30 : Mastercard posted a rise in second-quarter profit on Thursday, boosted by robust transaction volumes driven by steady consumer spending. Shares of the company were up over 3 per cent in trading before the bell. Despite fears that geopolitical tensions and the resulting economic uncertainty w
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Panasonic raises profit outlook on AI demand, battery unit profit jumps
TOKYO, July 30 : Panasonic Holdings raised its full-year operating profit forecast on growing demand tied to AI on Thursday and posted a rise in quarterly profit at its key battery-making energy unit on higher sales of energy storage systems.The Japanese company raised its group profit forecast for the year e
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Samsung Q2 profit jumps 19-fold as AI chip demand offsets mobile loss
SEOUL: Samsung Electronics said on Thursday (Jul 30) its operating profit jumped 19-fold to a record in the second quarter, as solid demand for AI chips offset weaker earnings at its mobile business.”In H2 2026, the Memory Business expects robust demand centred on servers stemming from continued
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Nomura’s first-quarter profit jumps 39%, boosted by markets
TOKYO, July 29 : Nomura Holdings booked a 39 per cent rise in net income in the first quarter as its trading business benefitted from volatile markets and record high stock prices boosted wealth management fees, it said on Friday.Net income at Japan’s largest investment bank and brokerage rose to 145.6 billio
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S&P Global profit jumps, strikes datacenterHawk, Agusto deals
July 28 : S&P Global reported a stronger second-quarter profit on Tuesday, as clients sought its ratings, indices, market intelligence and analytics products amid heightened geopolitical uncertainty.The financial information company also announced deals to buy data center intelligence provider datacenterHawk
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India’s Pine Labs profit jumps four-fold as digital payments adoption increases
July 28 : Indian fintech firm Pine Labs on Tuesday posted a more than four-fold increase in first-quarter profit, driven by increased adoption of digital payments and the underlying infrastructure in the country.• The company’s consolidated profit rose to 195.7 million rupees ($2.04 million) in the April-Ju
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Prosus profit jumps 84% as deal spree sets stage for European push
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday as it looks to expand its successful Latin American business model across Europe following a run of aggressive dealmaking.Prosus deployed some $8.5 billion for acquisitions over the past y
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