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Sericulture’s steady profits attract hundreds of female workers in Upper Egypt

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By Marwa Yahya "High temperature and concerns about the spread of COVID-19 ... haven't hindered my work in feeding...
Cloud services (pixs source www.data-hive.com

German software company SAP profits from strong cloud business

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German software company SAP continued to grow thanks to its cloud business which increased by 39 percent and achieved revenues of 6.93 billion euros...

NPLs Deplete HFC Bank’s Profits for 2016

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HFC bank’s 2016 figures show that the bank’s total deposit grew by 31%.The figure increased from 1.18 billion cedis in 2015 to 1.55 billion...
Akosombo Textiles

In-Coming Gov’t Urged To Support Local Textile Industries

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Mr Samuel Hemans-Arday, Deputy Marketing Manager Akosombo Textiles Limited (ATL), has called on the in-coming government of the New Patriotic Party (NPP) to create...

PetroChina profits plunge with oil price slump

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PetroChina, the country's leading oil and gas producer, saw its net profits plunge by 94.3 percent year on year in the first three quarters...
German Bundesliga

Bundesliga hold off record sums and profits

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The Bundesliga's 18 top-flight teams have spent well over the previous highest of 300 million euros which were invested the previous pre-season. ...

Google Parent Alphabet Raked in Huge Profits

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Alphabet - Google's parent company - has continued to see its quarterly profits boosted by strong advertising sales on mobile devices. Revenue in the...

Samsung Profits Up By Sales Of Smartphone

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Strong smartphone sales have helped Samsung Electronics post its best quarterly results in more than two years. Second-quarter operating profit jumped 18% to...

Technical Issues Sent Tullow Oil Profits Sliding Down

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Tulllow Oil has suffered a drop in production in the six months to June due to technical difficulties at its main oil field, which...
Chinese President Xi Jinping

Chinese state firms affected by slowing economy

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SOEs saw combined profits slump 14.2 percent year on year in the Jan.-Feb. period to 222.6 billion yuan (34.2 billion U.S. dollars), according to...
Airline

Austrian Airlines raked in 54 million euros in profits

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Revenues for the Lufthansa subsidiary increased 3.2 percent to 2.2 billion euros, that it said came from its core business. This comes...

Bank of Ireland in 2015 recorded a 30 percent rise in profits

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In its annual report, the bank said it continued to be the largest lender in the country with 6.9 billion euros of new loans...
movie theaters

Cinemas ask audience to watch good movies

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"We want to apologize to those who have watched the film...we sincerely suggest everybody not to spend money on it," said Pingliang China...

Gold prices fall on profit taking

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The most active gold contract for April delivery fell 8.4 U.S. dollars, or 0.67 percent, to settle at 1,239.40 dollars per ounce. ...

Vision Group Records a Rise in Profits by 70 Per Cent

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Vision Group Chief Executive Officer Robert Kabushenga The result announced and adopted on Thursday by the shareholders at the annual general meeting (AGM) partly...

CAL Bank’s profit drives up

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This represents an increase of 12.5 per cent in the same period in 2014, which stood at GH₵105,282 million. The good performance comes amidst a...
Randgold

Randgold rakes huge profits

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Speaking at the mine’s quarterly briefing for local media, Bristow described this as a significant achievement, particularly in the context of a global gold...

Banks Challenges N400bn Half-year Pre-tax Proceeds

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Nigeria?s listed banks and holding company (Holdco) financial institutions raked-in a total of N403billion as pre-tax profit in the first-half (H1) of 2015, BusinessDay...
File photo shows headquarters of Saudi Arabia?s SABIC in the capital city, Riyadh.

Saudi Arabia?s SABIC reports 21.68% fall in net profits

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Saudi Arabia?s petrochemicals giant, SABIC, has reported a net profit loss of over 21 percent during the first half of the current year. A statement...

Reports indicate that Toshiba inflated its profits by $1.2bn

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Toshiba chief executive Hisao Tanaka has already apologised for accounting problems at the firm An independent panel appointed by Toshiba found institutional accounting irregularities,...

In Q1 Banking industry in Rwanda saw increase in profits by 14 percent

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John Rwangombwa, the central bank governor, said banks? profitability as indicated by the return on average equity (ROAE) and return on average assets grew...

Apple Sales in greater China leapt 71% to $16.8bn

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The firm reported a $13.6bn (?8.9bn) profit, with revenue up 27% to $58bn. Sales in greater China leapt 71% to $16.8bn, outpacing those in the...
Farmers? battle for better prices in cotton production has taken a new turn in Bariadi District, Simiyu Region after they decided to cultivate onions in place of the traditional crop. (File photo)

Kenyan farmers form associations to seek profits

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by Robert Manyara Eight years ago, Kenyan farmer Margaret Munga would sell a kilogram of carrots through middlemen at 0.11 U.S. dollars. Now, the...
AFCON 2015

Morocco choose reason over profits

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It has been confirmed that Morocco will not host the 2015 Africa Cup of Nations and their team has been expelled from the tournament. //...
Palette CMYK

Huge Decline In Printing Industry Profits

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Seventy percent of North American printers continue to operate in the black even as top-line challenges in sales remain. Printers participating in this years?...

Gold Fields has reported a 7 percent increase in operating profit

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Gold Fields has reported a 7 percent increase in operating profit to US$311 million for the three months ended June 30. The company?s revenue increased...
Standard Chartered

Standard Chartered profits to go down

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Standard Chartered has said first-half operating profits will be 20% lower than a year earlier, blaming a slump in income from its financial markets...
Bank of Ghana

BoG wants oil & mining firms to keep some profits in Ghana

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The Bank of Ghana is set to push for a new policy that will compel firms operating in the oil and mining sectors in...

Yaw Odame Darkwa

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Yaw Odame Darkwa  The Wenchi Rural Bank in the Brong Ahafo Region recorded a profit of GH?185,599.00 during the 2013 financial year, representing a...

Hearts declares profits at a shareholders meeting

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Hearts of Oak to list on the Ghana Stock Exchange at the end of June Hearts of Oak have reported a profit of GHS...