Keywords: Net profit


Giorgio Armani holding company doubles 2025 profit while contesting Italian antitrust penalty

The holding company that controls the Giorgio Armani fashion empire reported a sharp increase in profitability for 2025, delivering its first annual financial results since the death of founder Giorgio Armani. The figures highlight the group's financial resilience while revealing ongoing legal and......

KBC reports lower-than-expected profit amid geopolitical uncertainty

KBC Group reported first-quarter earnings below market expectations as the Belgian financial institution increased its reserves to protect against growing geopolitical risks linked to tensions in the Middle East. The banking group announced a quarterly net profit of 557 million euros, a figure slightly......

RBL Bank reports sharp rise in quarterly profit driven by strong loan growth

India’s private lender RBL Bank has reported a significant increase in its quarterly profit, reflecting a strong recovery in credit demand and steady expansion in its lending activity. For the quarter ending March 31, the bank posted a net profit of 2.30 billion rupees, marking a substantial rise......

Severstal reports an almost 100% plunge in first-quarter 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......

Sonasid reports strong growth in 2025 with rising profits and dividend proposal

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 Switch 2 sales surge past 17 million units in nine months

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......

BMW triples net profit in Q3 despite U.S. tariffs, rebounding from last year’s slump

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%......

Morocco: Alliances Group posts 30% rise in net profit in H1 2025

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 posts 17% profit drop in first half of 2025

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......