Tag: writedowns
ExxonMobil announces massive writedowns
By Jean-Noël Legalland Published on 01/05/2024 at 9:01 a.m. Photo credit © UzirePictures (Boursier.com) — ExxonMobil , the…
BASF announces heavy annual loss due to writedowns in Russia
At the headquarters of the chemical group BASF in Ludwigshafen, western Germany, on October 5, 2022 (AFP/Archives/ANDRE PAIN) The German chemical giant BASF announced on Tuesday a net loss of…
Write-downs and provisions: Commerzbank scares investors again
Friday, January 8th, 2021 Depreciation and provision Commerzbank frightens investors again Manfred Knof has only been in office for a few days – and the boss already has bad news…
Massive write-downs: BASF is in the red
The corona pandemic hits chemical giant BASF. As a result, the group has to write off billions and write them off for restructuring. However, day-to-day business is going better than…