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Keywords: Profit growth
Danish wind turbine manufacturer Vestas Wind Systems reported a stronger-than-expected increase in its first-quarter profit, supported by a faster ramp-up in offshore wind turbine production. The company posted an operating profit before special items of 127 million euros, significantly higher than......
General Motors reported a strong increase in its first-quarter performance, with core profit rising by 22% year-on-year, supported by solid demand in the US truck market and improved profit margins in North America. The Detroit-based automaker posted earnings before interest and taxes of $4.3 billion,......
India’s largest cement producer has reported stronger-than-expected quarterly earnings, supported by rising construction activity and favorable seasonal conditions. UltraTech Cement posted a 20.2% year-on-year increase in consolidated net profit for the fourth quarter, reaching approximately 29.83......
The Bank of New York Mellon (BNY) reported an increase in first-quarter profit on Thursday, supported by strong fee income and higher interest revenues, according to its latest financial statement. As the world’s largest custodian bank, BNY benefits significantly from managing and safeguarding......
British online fashion retailer ASOS has reported a significant rise in profitability, with adjusted core earnings increasing by nearly 50% in the first half of the year. The improvement comes as the company continues to implement a strategy centered on cost efficiency and operational restructuring. The......
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......