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Keywords: Quarterly results
The Canadian Imperial Bank of Commerce (CIBC) reported an increase in its quarterly profit, driven mainly by strong performance in its capital markets division, according to its latest financial results released on Thursday. The bank benefited from improved activity in trading, advisory services, and......
Hyundai Motor India reported better-than-expected quarterly performance, supported by strong demand for sport utility vehicles (SUVs) in both domestic and export markets, even as overall profits declined year-on-year. The Indian subsidiary of South Korea’s Hyundai Motor Company posted a consolidated......
Polish fashion group LPP, owner of brands such as Reserved and Sinsay, reported mixed first-quarter results as strong profitability was offset by weaker sales performance in its key growth segment. The company said that its Sinsay brand, which plays a central role in its international expansion strategy,......
Indian e-commerce platform Meesho reported a sharp reduction in its quarterly losses, supported by strong growth in order volumes, rising revenues, and improved operating margins. Strong growth in orders and revenue During the fourth quarter, Meesho recorded significant expansion in its business activity,......
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......
Indian battery manufacturer Exide Industries Ltd reported a significant increase in its quarterly performance, supported by strong demand from the automotive sector and favorable tax policies. The company benefited from sustained growth in vehicle sales across multiple segments, including two-wheelers,......
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......
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading chipmaker, announced on Thursday a 39.1% rise in profit for the third quarter compared to last year, exceeding market expectations. This growth was fueled by strong global demand for chips used in artificial intelligence (AI)......