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Keywords: Net profit
Russian steel producer Severstal has reported a dramatic decline in profitability for the first quarter of 2026, with net profit falling to just 57 million roubles compared to 21.1 billion roubles during the same period in 2025. The company attributed this sharp decrease mainly to weaker domestic steel......
Moroccan steel producer Sonasid reported a strong financial performance for 2025, marked by solid revenue growth and a sharp increase in profitability, supported by the continued momentum of the national construction sector. The company recorded a 16% rise in revenue, reaching over 6.2 billion dirhams......
Nintendo has reported a remarkable start for its new console, the Switch 2, selling over 17 million units in just nine months since its launch in June 2025. The success has helped the Japanese gaming giant boost its net profit by more than 50% for the period ending December 2025. A company statement......
German carmaker BMW announced Wednesday that its net profit more than tripled in the third quarter, driven by strong global deliveries that held up in the United States despite higher import tariffs. Between July and September, the Munich-based group reported a net profit of €1.7 billion, a 256.5%......
Alliances Group, one of Morocco’s leading real estate developers, reported a net profit of 216 million dirhams at the end of June 2025, marking a 30% increase compared with the same period last year. The company’s gross margin reached 35% of its turnover, according to a statement released......
Taqa Morocco, the operator of the Jorf Lasfar coal-fired power plant, has reported a 17% drop in net profit for the first half (H1) of 2025. Net profit fell to MAD 437 million ($48.7 million), down from MAD 526 million ($58.6 million) in the same period last year. The decrease was largely attributed......
Aramco, the world's largest oil exporter and cornerstone of the Saudi economy, continues to see declining profits for the tenth consecutive quarter since its record highs in late 2022. The company's net income fell from $29.07 billion to $22.67 billion, largely due to “lower crude oil,......
Al Barid Bank has announced remarkable financial results for the year 2024, with its Group Net Profit reaching MAD 871.38 million ($87.14 million), reflecting a staggering 196% increase compared to 2023. This impressive performance was unveiled during a Supervisory Board meeting on March 28. The bank's......
In a recent meeting chaired by Mr. Lotfi Sekkat, the Board of Directors of CIH Bank convened on two occasions—February 26 and March 11, 2025—to review the bank's performance and consolidated financial results for the year ending December 31, 2024. These results were unveiled on March......