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PARIS: The world’s top luxury group LVMH said on Thursday (Jan 26) that its sales and net profit both hit new heights last year, driven by strong demand in Europe, …
Luxury giant LVMH’s 2022 sales, profit hit new highs Read MoreNEW YORK: Tesla reported another round of record quarterly profit in Wednesday (Jan 25) while confirming its long-term growth outlook in spite of concerns about rising competition and macroeconomic headwinds. …
Tesla reports record quarterly profit, confirms growth plan Read MoreOAKLAND (California): Microsoft Corp reported a better-than-expected quarterly profit on Tuesday (Jan 24) as strong performance at its cloud services business helped offset a slump in the personal computer market, …
Microsoft’s quarterly profit beats forecasts on cloud strength Read More
FRANKFURT: Siemens Energy on Thursday (Jan 19) slashed its 2023 profit outlook after faulty components at the wind turbine fleet of its Siemens Gamesa unit led to higher warranty and …
Siemens Energy cuts profit outlook as unit’s woes continue Read More
KUALA LUMPUR: Westports Holdings Bhd has posted a lower net profit of RM699.58 million for the financial year ended Dec 31, 2022 (FY2022) from RM808.22 million recorded in FY2021. Revenue …
Westports net profit falls to RM699.58m in FY22 Read MoreKUALA LUMPUR: CIMB Thai Bank PCL, a 94.83% indirectly held subsidiary of CIMB Group Holdings Bhd, posted a net profit of THB3.03bil (RM395mil) in the financial year ended Dec 31, …
CIMB Thai registers 24.3% jump in 2022 net profit to RM395mil Read MoreNEW YORK: Morgan Stanley reported a smaller-than-expected 41% drop in fourth-quarter profit on Tuesday (Jan 17) as the bank’s trading business got a boost from market volatility, offsetting the hit …
Morgan Stanley profit beats forecasts on trading business strength Read MoreNEW YORK: Goldman Sachs reported a steep decline in fourth-quarter earnings on Tuesday (Jan 17), on much lower merger activity in results that missed analyst expectations and weighed on shares. …
Goldman Sachs’ Q4 profit hit by big drop in mergers Read MoreSAMSUNG Electronics Co’s profit dropped by the most in over a decade, in a sign that the global economic slowdown may be hurting electronics demand even more than anticipated. South …
Samsung hit by historic profit fall on slowing electronics demand Read MoreKUALA LUMPUR: NationGate Holdings Bhd, en route for a listing on the ACE Market of Bursa Malaysia on Jan 12, posted a net profit of RM30.1mil for the third quarter …
ACE Market-bound NationGate posts RM30.1mil net profit in 3Q Read More