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Ecobank records GH¢549 million profit in 2020

The Ecobank Ghana PLC recorded a net profit of Ghc549.8 million in 2020 as against Ghc 444.9 million in 2019, representing an increase of...

ArcelorMittal turns to profit in Q1

ArcelorMittal (MT) reported first-quarter net income of 2.29 billion dollars or 1.93 dollars per share compared to a net loss of 1.12 billion dollars...
Societe Generale

Societe Generale turns to profit in Q1 on strong net banking income

Societe Generale SA (SCGLF.PK, SCGLY.PK) reported Thursday that its first-quarter Group net income was 814 million euros (979 million dollars), compared to last year's...

BMW posts about 34.8 percent decline in profit before financial result in 2020

German carmaker BMW announced its profit decreased 34.8% in the fiscal year 2020, but its deliveries in Asia "grew solidly," rising by 6%, driven...

Profit of multinational investment bank HSBC falls a third in 2020

British multinational investment bank HSBC said on Tuesday its reported profit before tax dropped by a third in 2020 due to the impact of...

5G roll-out helps drive Ericsson’s fourth quarter profit

dpa/GNA - Swedish telecommunications technology company Ericsson on Friday said its fourth quarter profit increased 60 per cent year-on-year, and noted how the...

Sekyere Rural Bank increases profit

The Sekyere Rural Bank at Jamasi in the Sekyere South District, made significant progress by increasing its profit before tax by 28 per cent. ...

Swiss central bank made US$24 billion profit in 2020

dpa/GNA - The Swiss National Bank (SNB) made a profit of around 21 billion Swiss francs (24 billion dollars) last year, according to...
Qantas Group Chief Financial Officer Vanessa Hudson during the company's results announcement press conference in Sydney, Australia, 20 August 2020. Qantas CEO Alan Joyce has said the company's has taken a 2.87 billion US dollar (4 billion Australian dollar) revenue loss due to the coronavirus pandemic. EPA/DEAN LEWINS AUSTRALIA AND NEW ZEALAND OUT

Aussie national airline Qantas reports US$2.8 billion revenue hit

Australia's national airline Qantas reported a 2.8 billion U.S. dollar revenue hit for the second half of the 2020 financial year on Thursday due...

CM Fund records profit

The CM Fund Limited, a medium to long-term collective investment scheme established in 2007 under the Securities and Industry Law, recorded a net profit...

Selorm Adadevoh: Ghana’s Finest Company Boss Unveiled

When news broke about the appointment of Selorm Adadevoh as the new Chief Executive Officer (CEO) of MTN Ghana in June 2018, there were...

Toende Rural Bank makes GHC 261,355.00 profit in 2018

The Toende Rural Bank Limited at Zebilla in the Bawku West District of the Upper East Region has recorded an amount GHC 261,355.00 as...
waccu agm

Wa Community Co-operative scoops GHC130k profit in six months

The Wa Community Co-operative Credit Union (WACCU) made a net surplus of GHC130,426.12 between June 2018 and December 2018, immediate ex-Board Chairman of the...
Premix Fuel

National Premix Committee Warns Landing Beaches Committee Over Hoarding

The National Premix Committee has given a noticed that any particular of landing beach committee (LBC) is found of hoarding premix fuel for individual...

Namibian Woman to profit from modified apartheid marriage law

Hundreds of thousands of married women in the northern part of Namibia will begin to have access to inheritance after the deaths of their...

Founder of B-Bovid Adjudged Chamber Businessman of the Year

The Ghana Chamber of Commerce and Industry (GCCI) has adjudged Mr Issa Quedraogo, the Founder of B-Bovid Company Limited, an agro-business company, as the...
Charcoal burning

Stakeholders Call for sustainable production of charcoal

Charcoal production and usage is said to form the bulk of Ghana’s energy supply and consumption with the product contributing more than 60 per...

Citizens Rural Bank Records A Profit Growth of 400 Percent

Dr Sam Asomaning, the Chairman of the Citizens Rural Bank based at Nsawam has increased its profit from GHC 111,626 in 2013 to GHC...

Mumuadu Rural Bank Realizes GhC 2.1 million profit

The Mumuadu Rural Bank made a profit of GhC2.1 million last year, an increase of 39.9 per cent over the profit made the previous...

Enterprise Group Realizes 31% Profit

The Enterprise Group Limited recorded a net profit of GHC68 million in 2016 as against GHC51.5 million in 2015, representing an increase of 31.9...

Kintampo Rural Bank makes more profits

The Kintampo Rural Bank Limited (KRBL) has achieved an impressive performance in its 2016 operational year with a pre-tax profit of GH¢1.75 million. This...

Business flourishes for Anum Rural Bank, profit increases by 15.5%

The Anum Rural Bank in the Eastern Region has recorded steady growth despite numerous economic glitches which disrupted businesses in 2016. The Bank posted a...

Samsung Electronics post second biggest operating profit in Q1

Samsung Electronics on Thursday posted the second biggest operating profit in the first quarter of this year thanks to robust demand for semiconductors. ...

Verizon Communications Registers a Fall in Quarterly Profit

Verizon Communications Inc (VZ.N), the No. 1 U.S. wireless carrier, reported a 20 percent fall in quarterly profit as it lost wireless postpaid subscribers...

Samsung posts double-digit growth in January-March quarter

Samsung Electronics posted a double-digit growth in the first quarter operating profit, a regulatory filing showed Friday. Operating profit was 9.9 trillion...

Feyenoord suffer second defeat, but Ajax fail to profit fully in Dutch league

One week after their 2-1 win over PSV, Dutch league leaders Feyenoord suffered their second defeat of the season in the Rotterdam derby at...

AngloGold Removes Force Majeure On Obuasi Mines

ANGLOGOLD Ashanti lifted force majeure on its Ghanaian Obuasi mine on Tuesday after the removal of thousands of illegal miners but said it was...

Transfer Deadline Day: PL Clubs Net January Profit

Premier League clubs have recorded a transfer window profit for the first time – despite spending reaching a six-year January high of £215m. Southampton and...

Spain’s Bankia sees profit down 22.7 percent in 2016

Spain's Bankia -- fourth largest bank in the country -- saw its net profit down 22.7 percent in 2016 from a year earlier to...

Google Parent Alphabet Records Fall in Profits

Google parent Alphabet’s latest profit figures have missed forecasts, sending the tech giant’s shares falling in extended trading on Wall Street. Profits rose 8% to...