Tag: profit
Colgate-Palmolive: Profit down in the 4th quarter
(CercleFinance.com) – Colgate-Palmolive reported on Friday a sharp decline in quarterly profit, notably as a result of a heavy charge for depreciation. The world leader in toothpaste announced this morning…
Electrolux: 17% increase in annual profit
(CercleFinance.com) – Electrolux reports that its net sales amounted to SEK 125.6 billion in 2021, up 8% from the previous year. EBIT 2021 was SEK 6.8 billion, up 18% compared…
H&M announces annual profit multiplied by nine and above expectations
The fast fashion specialist boosted its profitability in 2021 and demonstrated the solidity of its model. Fast fashion is far from having said its last word, as evidenced by the…
Colgate-Palmolive: profit down in the 4th quarter
(CercleFinance.com) – Colgate-Palmolive reported on Friday a sharp decline in quarterly profit, notably as a result of a heavy charge for depreciation. The world leader in toothpaste announced this morning…
Apple reports revenue and profit above expectations
Jan 27 (Reuters) – Apple on Thursday reported better-than-expected revenue and net profit for the October-December quarter last year, the surge in iPhone sales, notably in China, having more than…
Caixabank-Recurring profit down sharply in Q4
Caixabank-Recurring profit down sharply in Q4 | Photo credits: Caixabank MADRID, Jan 28 (Reuters) – Spanish bank Caixabank on Friday reported a 52.2% drop in its fourth-quarter recurring profit due…
Rebound in fuel demand allows Phillips 66 to make above-average profit
Although refiners have had to deal with soaring crude oil costs, demand for gasoline and jet fuel has exploded in the last three months of 2021 due to the opening…
Electrolux: 17% increase in annual profit
(CercleFinance.com) – Electrolux reports that its net sales amounted to SEK 125.6 billion in 2021, up 8% from the previous year. EBIT 2021 was SEK 6.8 billion, up 18% compared…
Deutsche Bank posts its best annual profit in ten years
(Updated with details, context and stock price) FRANKFURT, Jan 27 (Reuters) – Deutsche Bank on Thursday reported its best full-year profit since 2011 on the back of a surge in…
SK Hynix’s fourth-quarter profit quadruples on influx of memory chips.
South Korea’s SK Hynix saw its fourth-quarter operating profit quadruple year-on-year, helped by strong demand for memory chips from server customers looking to increase their data storage capacity. The world’s…
Three-digit billion profit: Norway’s fund rates 2021 as “quite profitable”
Triple-digit billion profit Norway’s fund rates 2021 as ‘quite profitable’ 1/27/2022 1:04 p.m Years ago, Norway invested its income from the oil industry in a fund. Some of the social…
Tesla rakes in record $5.5 billion profit in 2021
Elon Musk’s group managed to boost its shipments by 87% last year despite the shortage of semiconductors and supply problems. Tesla, benefiting from the craze for its electric vehicles, made…