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Sunday, October 20, 2019

Tag: profit

Petronas enhancing security at critical facilities after Saudi oil attacks

It says drone attack is an escalating risk.

5 lies home-based biz owners must stop believing

By mastering the finances, home-based business owners can positively build the next big thing in their garage, extra room, or basement.

Apple-supplier Foxconn’s second-quarter profit less than expected

Foxconn did not elaborate on the causes of the profit decline.

Saudi Aramco first-half profit falls 12% on lower oil prices

The decline in the price of crude oil and an increase in costs sees Aramco’s profits fall 12%.

Adidas profit squeezed by cost of flying clothing to US

Adidas is spending more on air freight to compensate for supply-chain shortages affecting mid-priced apparel in North America.

Tesla’s target to post profit pushed back to Q4

Elon Musk is trying to contain costs while still spending on major initiatives from a Shanghai factory and assembly-line to upcoming models.

Slack expects US$600 Million in sales this year

The company is following Spotify Technology SA by going for direct listing, as Slack already has so much in total assets – US$1.1 billion and doesn’t need to raise more capital with an IPO.

Petronas posts higher profit and sticks to Rapid project timeline

Sales of liquefied natural gas rose 6.7% to 8.45 million tonnes in first quarter.

Samsung profit drops most in 4 years as chip prices slump

It is the biggest decline since a similar drop in the third quarter of 2014.

Sapura Energy posts first profit in 18 months

The country's largest oil and gas services company reported profit after five consecutive quarters of losses.

Geely says 2018 net profit climbs 18%

The company is China's most globally high-profile car maker thanks to the Geely group's investments in European manufacturers Volvo and Daimler.

BMW warns of profit slump, sets US$14 billion savings plan

The German luxury carmaker is responding by stepping up a savings program with plans to cull models, reduce development times by as much as one third and hold the workforce steady this year.

Xiaomi beats profit view, sees more global expansion

In China, the average selling price of the company's phones increased 17%, while overseas they increased 10%

Malaysia Airlines can be turned around — it just needs guts...

Its engineering division was once a world-renowned player in the maintain, repair and overhaul market, serving more than 100 airline customers.

Sunway posts higher net profit of RM658 mil for FY18

It says revenue was contributed by most business segments, including property investment and construction, except property development.

SP Setia’s property sales exceed target for 2018

The good performance allows SP Setia to declare a final dividend of 4.55 sen per share bringing the total dividend for 2018 to 8.55 sen per share.

Kraft Heinz faces existential crisis after US$16 billion rout

It seems to be more than just a bad quarter for the maker of Oscar Mayer hot dogs and Kraft macaroni and cheese.

Garmin shares surge 15% as new direction fuels strong forecast

Global wearable fitness trackers market is on track to generate revenue of US$48.2 billion by 2023, led by adoption of fitness tracking apps and rise in demand for wireless health monitoring devices.

KPJ Healthcare posts higher profit of RM179 mil for 2018

The KPJ Rawang, KPJ Pasir Gudang and KPJ Bandar Maharani hospitals had recorded high profits during the financial year.

Mattel warns of weak 2019, shares drop most in 20 years

The forecast comes barely a week after the company said strong holiday sales of Barbie drove a surprise fourth-quarter profit.

Singtel Q3 net profit falls 14%

The Singapore-based company is Southeast Asia's largest telecom operator.

Nissan sees 25% profit surge despite Ghosn issues

For the quarter, Nissan records operating profit of 103.3 billion yen (RM3.8 billion) on net revenues of 3.05 trillion yen, equivalent to an operating margin of 3.4%.

Gushing profits for oil majors on crude price

The five "supermajors" earned nearly US$80 billion in net profits last year.

Liverpool post £106 million world record net profit

The club's profit before tax was £125 million with the club benefiting from increased revenue both on and off the pitch.