HONG KONG, Feb 14, 2023 – (ACN Newswire via SEAPRWire.com) – Earlier this month, Apple Inc. (AAPL) released earnings for first quarter that decreased from the same period last year and missed Wall Street expectations driven by a combination of a stronger US dollar, global economic malaise, and more strife at its China factories. The […]
Tag: profit
Apple reports 2023Q1 results, Cook says supply problems has resolved
HONG KONG, Feb 14, 2023 – (ACN Newswire via SEAPRWire.com) – Earlier this month, Apple Inc. (AAPL) released earnings for first quarter that decreased from the same period last year and missed Wall Street expectations driven by a combination of a stronger US dollar, global economic malaise, and more strife at its China factories. The […]
Peso up on profit taking, Fed chair’s comments
THE PESO rebounded against the dollar on Wednesday on profit taking and remarks from the US Federal Reserve chief. The local currency closed at P54.80 versus the greenback on Wednesday, strengthening by 28.5 centavos from Tuesday’s P55.085 finish, data from the Bankers Association of the Philippines showed. The peso opened Wednesday’s trading session at P55 […]
Mitsubishi Heavy Industries Achieves YoY Increases in Order Intake, Revenue, Business Profit, and Net Income in Third Quarter
TOKYO, Feb 7, 2023 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries (TSE Code: 7011) announced that order intake rose 19.0% year-over-year to YEN2,966.1 billion in the third quarter ended December 31, 2022. Revenue rose 11.1% to YEN2,938.0 billion year-over-year, resulting in business profit of YEN105.2 billion, a 30.3% increase from the previous fiscal […]
SF Intra-City reduced losses by over 50% year-over-year in 2022, Increasing benefits from scale effect
HONG KONG, Jan 30, 2023 – (ACN Newswire via SEAPRWire.com) – Hangzhou SF Intra-City Industrial Co., Ltd. (“SF Intra-City” or the “Company”, together with its subsidiaries the “Group”; stock code: 9699), the largest third-party on-demand delivery service platform in China(1), announced today that the Group expects the consolidated net loss attributable to the owners of […]
PSEi down on profit taking after GDP, trade data
SHARES dropped on profit taking after the release of full-year 2022 Philippine gross domestic product (GDP) and trade data. The benchmark Philippine Stock Exchange index (PSEi) went down by 38.66 points or 0.54% to close at 7,042.70 on Thursday, while the broader all shares index lost 9.87 points or 0.26% to end at 3,692.89. “The […]
Stocks decline on profit taking ahead of Q4 GDP
SHARES closed lower on Tuesday due to profit taking as investors await the release of the full-year 2022 gross domestic product (GDP) data this week. The benchmark Philippine Stock Exchange index (PSEi) went down by 28.18 points or 0.39% to close at 7,041.50 on Tuesday, while the broader all shares index lost 4.77 points or […]
Yew Lee Posts RM6.1 Million Revenue in 3Q
KUALA LUMPUR, Nov 30, 2022 – (ACN Newswire via SEAPRWire.com) – Yew Lee Pacific Group Berhad, a manufacturer of industrial brushes as well as trading of industrial hardware and machinery parts, today announced that the Group recorded revenue of RM6.10 million for the third quarter ended 30 September 2022 (3Q FY2022). Managing Director of Yew […]
Hong Kong Ferry announces 900% increase in net profit for FY2022
EQS Newswire / 22/11/2022 / 10:24 UTC+8 Hong Kong Ferry announces 900% increase in net profit for FY2022 （22 November 2022, Hong Kong） – Hong Kong Ferry (Holdings) Company Limited (the “Company”, which together with its subsidiaries, is referred to as the ”Group”; SEHK stock code: 0050) announces that based on the assessment […]
Peso moves sideways on hawkish Fed, profit taking after hitting record low
THE PESO moved sideways on Wednesday on profit taking after it hit its record low of P59 intraday amid hawkish signals from a US Federal Reserve official. The local unit closed at P58.94 per dollar on Thursday, inching up by 0.5 centavo from its P58.945 finish on Wednesday, based on Bankers Association of the Philippines […]
Peso rebounds vs the dollar on profit taking, dovish Fed comments
THE PESO rebounded versus the dollar on Tuesday on profit taking and dovish comments from a US Federal Reserve official. The local unit closed at P58.865 per dollar on Tuesday, gaining 13.5 centavos from its finish of P59 on Monday, based on Bankers Association of the Philippines data. The peso opened Tuesday’s session stronger at […]
SNS Network Technology Posts 42.4% Rise in Net Profit for 2Q FY2023
IPOH, Malaysia, Sep 27, 2022 – (ACN Newswire via SEAPRWire.com) – SNS Network Technology Berhad (SNS), an ICT system and solutions provider, today announced that the Group registered a 19.7% rise in revenue to RM296.93 million for the second quarter ended 31 July 2022 (2Q FY2023) compared with RM248.16 million in the immediately preceding quarter […]
Stocks decline on profit taking, recession fears
STOCKS slumped further on Tuesday on continued profit taking amid growing concerns over a global recession as central banks continue to tighten monetary policy amid inflation risks. The Philippine Stock Exchange index (PSEi) declined by 86.03 points or 1.28% to close at 6,618.38 on Tuesday, while the broader all shares index went down by 46.02 […]
Mitsubishi Heavy Industries Achieves 22% YoY Increase in Order Intake and 52% YoY Increase in Net Profit in a Challenging First Quarter
TOKYO, Aug 5, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries (TSE Code: 7011) announced that order intake rose 22.3% year-over-year to YEN917.8 billion in the quarter ended June 30, 2022. Revenue rose 2.3% to YEN871.3 billion year-over-year, resulting in business profit(1) of YEN14.9 billion, a 30.4% decrease from the previous fiscal year, […]
Commerzbank sees growth ‘clouds’ after Q2 income beats expectations
FRANKFURT — Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit, helped by higher interest rates and commission income, and confirmed it was on track to meet its profit target despite “clouds” on the horizon. The return to profit at Germany’s No. 2 bank is a victory for chief executive officer Manfred Knof, […]
Wintermar Offshore (WINS:JK) Reports 1H2022 Results
JAKARTA, Jul 29, 2022 – (ACN Newswire via SEAPRWire.com) – Wintermar Offshore Marine (WINS:JK) has announced results for 1H2022. Total revenue was up 25%YOY to US$25 million, helped by higher chartered vessels revenue. Revenues rebounded in 2Q2022 by 39%QOQ as several vessels commenced operations after delays in 1Q2022. All Divisions turned in positive gross profit […]
Pertamina’s largest share of 2021 profit from upstream sector
JAKARTA, Jun 23, 2022 – (ACN Newswire via SEAPRWire.com) – The upstream sector accounted for the largest share of state-owned oil and gas firm PT Pertamina’s (Persero’s) net profit as Indonesian crude prices (ICP) soared in 2021. Pertamina Hulu Energi Offshore Southeast Sumatra (PHE OSES) well in Seribu Islands waters off North Jakarta’s coast (ANTARA […]
EQS-News: CN Logistics (2130.HK) expects to record a year-on-year increase in revenue and net profit attributable to equity shareholders of not less than 40% and 45%
EQS-News via SEAPRWire.com / 23/06/2022 / 10:28 UTC+8 CN Logistics International Holdings Limited (2130.HK) issued positive profit alert today, the Group expects to record a year-on-year increase in revenue and net profit attributable to equity shareholders of not less than 40% and 45%, respectively, for the 6 months ending 30 June 2022, which was mainly […]
DENSO Announces Financial Results
KARIYA, JAPAN, Apr 29, 2022 – (JCN Newswire via SEAPRWire.com) – DENSO, a leading mobility supplier, today announced its global financial results for its fiscal year, ending March 31, 2022: – Consolidated revenue totaled 5,515.5 billion yen (US$45.1 billion), a 11.7 percent increase from the previous year.– Consolidated operating profit totaled 341.2 billion yen (US$2.8 […]
Kingworld Medicines Group Issues Positive Profit Alert for 2021
HONG KONG, Mar 23, 2022 – (ACN Newswire via SEAPRWire.com) – Kingworld Medicines Group Limited (stock code: 01110.HK), a leading omni-channel enterprise providing greater health products and services in China, issued today a positive profit alert as it expects to record an approximately 155% to 160% increase in profit attributable to owners of the Company […]