Profit, dividend: Foreign investors repatriate record $918m in May KARACHI: Foreign investors have repatriated the highest-ever $918 million on account of profit and dividend during... Updated 28 Jun, 2024 08:23am
Business & Finance Generali posts record 2023 profit, dividend on target MILAN: Generali posted on Tuesday record-high profits for 2023 driven largely by its property and casualty division... Published 21 Mar, 2024 05:22am
Business & Finance Goldman profit slides to three-year low on consumer losses NEW YORK: Goldman Sachs’ profit dropped 60% in the second quarter, missing Wall Street forecasts, as its retreat... Published 24 Jul, 2023 06:11am
Business & Finance Cathay Pacific forecasts first-half profit HONG KONG: Hong Kong flag carrier Cathay Pacific on Friday predicted a return to profitability in the first half of... Published 03 Jul, 2023 06:04am
Business & Finance Toshiba posts 35pc decline in full-year net profit TOKYO: Japanese conglomerate Toshiba on Friday said full-year net profit fell by more than a third due partly to ... Published 15 May, 2023 06:41am
Business & Finance HSBC profit rockets on rising interest rates LONDON: Global banking giant HSBC reported Tuesday a surge in quarterly net profit, boosted by rising interest rates... Published 08 May, 2023 06:40am
Business & Finance Shell posts $10bn profit as trading offsets lower energy prices LONDON: Shell on Thursday posted first-quarter net profit of $9.65 billion as strong earnings from trading and ... Published 08 May, 2023 06:40am
Business & Finance BP’s profit rises to $5bn as share buyback slows LONDON: BP made a profit of $5 billion in the first quarter of 2023, up from the previous three months on the back ... Published 08 May, 2023 06:40am
Business & Finance 3M to cut 6,000 jobs as it reports lower profits NEW YORK: US industrial conglomerate 3M announced Tuesday it will cut 6,000 jobs as it reported lower profits,... Published 25 Apr, 2023 06:44pm
Business & Finance Cathay Pacific reports first operating profit since 2019 HONG KONG: Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as ... Published 13 Mar, 2023 06:15am
Business & Finance Deutsche Bank posts biggest annual profit in 15 years FRANKFURT: Germany’s Deutsche Bank on Thursday said it booked its highest annual profit since 2007 last year, thanks... Published 02 Feb, 2023 05:28pm
Business & Finance Wells Fargo profit falls 50pc on higher reserves, costs WASHINGTON: Wells Fargo & Co on Friday reported a 50% decline in profit for the fourth quarter as the bank ... Published 16 Jan, 2023 06:18am
Business & Finance Ericsson’s quarterly core profit misses estimates on rising costs STOCKHOLM: Sweden’s Ericsson, under the shadow of bribery investigations, on Thursday reported a rise in... Published 14 Jul, 2022 10:45am
Business & Finance Walmart cuts full-year profit forecast as fuel, labor costs spike Walmart Inc cut its full-year profit forecast on Tuesday, signaling a bigger knock to the retail giant’s profit... Published 17 May, 2022 05:18pm
Business & Finance China's Big Five banks deliver strong profits as bad debts shrink SHANGHAI: China's five largest state-owned banks posted their strongest first quarter net profit growth for at least... Published 30 Apr, 2022 02:13pm
Business & Finance StanChart profit beats estimates, flags bullish outlook on rising rates SINGAPORE/LONDON: Standard Chartered posted a forecast-beating 6% rise in first-quarter profit, sending its shares... Published 28 Apr, 2022 11:09am
Business & Finance Volkswagen sees impact of Ukraine war despite profit bounce FRANKFURT: German auto giant Volkswagen said Thursday its first quarter operating profit increased significantly in... Published 14 Apr, 2022 02:36pm
Business & Finance Tesco supermarket warns on profit as inflation bites LONDON: Britain’s biggest retailer Tesco on Wednesday warned that soaring inflation would bite into future profit,... Published 13 Apr, 2022 02:57pm
Markets Alibaba says profit fell 74% in 'volatile' environment SHANGHAI: Chinese e-commerce giant Alibaba on Thursday said profit in the October-December period fell 74 percent,... Published 24 Feb, 2022 06:06pm
Business & Finance Gucci owner Kering sees 2021 profits beat pre-Covid levels PARIS: French luxury group Kering, owner of brands such as Gucci, Yves Saint Laurent and Bottega Veneta, said... Published 17 Feb, 2022 07:16pm
Business & Finance Twitter sticks with ambitious targets despite earnings miss SAN FRANCISCO: Twitter on Thursday reported that revenue and its user base grew less than expected, but the platform... Published 10 Feb, 2022 09:11pm
Business & Finance Samsung reports 53pc jump in profit despite supply chain woes SEOUL: South Korean tech giant Samsung Electronics said Thursday its operating profit rose 53.3 percent in the ... Published 31 Jan, 2022 07:10am
Business & Finance Goldman shares tumble as weak trading, higher pay hit profit Goldman Sachs Group missed quarterly profit expectations on Tuesday as weak trading activity and rising expenses... Published 18 Jan, 2022 09:06pm
Business & Finance Societe Generale profit nearly doubled in third quarter PARIS: French bank Societe Generale said Thursday it had booked an "excellent" third quarter when strong revenue ... Published 08 Nov, 2021 05:19am
Markets KSE-100 companies: Earnings jump 56% year-on-year, register record high Analysis features results of 83 companies while remaining 17 have not disclosed earnings yet Published 28 Sep, 2021 03:44pm
Business & Finance Abbott profit more than doubles as medical device sales rebound The company recorded sales growth of more than 11% Published 22 Jul, 2021 05:30pm
Markets Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DEC 2020) KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ... Published 19 Jul, 2021 06:17am
Markets Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DEC 2020) KARACHI: Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and ... Published 12 Jul, 2021 05:26am
Business & Finance Foreign investors repatriate $1.5b in Jul-May FY21 Foreign investors repatriated close to $1.5 billion on account of profit and dividend during the first eleven months... Published 29 Jun, 2021 02:12pm
Business & Finance Vodafone edges back into annual profit Profit after tax hit 112 million euros ($136 million) in the 12 months to the end of March, Vodafone said in a results statement. Published 18 May, 2021 06:46pm