ARTICLES RELATING TO PROFITS

PPC plans $200m cement factory in DRC

2013-05-16 09:57

Cement firm PPC plans to enter the Democratic Republic of Congo with a $200m factory, its chief executive says.

News Corp triples profit

2013-05-09 09:37

Media conglomerate News Corp has reported a tripling of its third quarter net profit.

Taxes to drain African airlines' profits

2013-04-18 20:47

Africa's airlines are set to earn $100m this year, but face heavy taxes with fuel costs that are way above the global average, the industry's body chief says.

Volkswagen eyes Chinese growth

2013-03-14 13:00

Volkswagen says it plans to open seven more factories in China, after the company confirmed record net profits of €21.7bn for 2012.

Adidas net profit down 14.2%

2013-03-08 16:16

German sportswear and equipment maker Adidas says that one-off writedowns hit its bottom line in 2012, but underlying profits increased due to higher sales.

Volkswagen 2012 net profit jumps 40%

2013-02-22 20:05

Volkswagen, Europe's biggest carmaker, says that its net profit zoomed ahead by more the 40% last year on higher vehicle sales.

Walmart hikes dividend as earnings gain

2013-02-21 16:00

Global retailing giant Walmart has announced a higher dividend for 2014 as fourth quarter earnings showed strong growth helped by a lower tax rate.

Global miners to act as profits plunge

2013-02-12 13:00

Global mining firms are set to unveil their biggest profit-falls in more than a decade and are clearing the decks with multi-billion-dollar writedowns.

Daimler 2012 profits up on record revenue

2013-02-07 10:17

German automaker Daimler's net profit rose by 8.0% in 2012 on the back of record unit sales and revenues.

Volvo warns of difficult Q1

2013-02-06 11:26

Swedish truck maker Volvo says the weak demand in its main markets have left factories running at half speed and pushed it into a quarterly earnings fall.

BP's 2012 net profits drop drastically

2013-02-05 10:50

BP net profits have slumped by more than half last year, hit by asset sales and after it agreed to pay billions to settle criminal charges over a oil spill.

Sappi swings to profit

2012-11-08 10:12

Paper maker Sappi has posted a return to fourth-quarter profit, but warned of a tough year ahead due to growth uncertainty in its key markets.

Telkom issues profit warning

2012-09-20 13:10

Telkom expects earnings per share for the six months to end-September to be at least 45% lower than in the prior year‚ due to fines it has to pay.

Nestle earnings up 8.9%

2012-08-09 12:41

The world's biggest food company Nestle posted an 8.9% increase in first-half net profit, driven by gains in emerging market countries.

 

Old Mutual's funds grow on equity market

2013-05-09 11:27

Old Mutual has reported growth in funds under management for the first quarter that outpaced market forecasts, supported by buoyant financial markets.

Imperial Tobacco to develop e-cigarettes

2013-04-30 13:25

Imperial Tobacco says it has set up a venture to develop electronic cigarettes, as it battles an increasingly tough consumer environment in Europe.

Chocoholics drive Lindt profits

2013-03-15 12:43

Strong demand for praline balls and Easter bunnies pushed Lindt & Spruengli's net and operating profit up 10% in 2012, allowing a 15% dividend rise.

HSBC bank profit drops 16.5%

2013-03-04 12:08

The net profits of Asia-focused banking giant HSBC fell to $14.03bn in 2012, a year in which it was rocked by a US money-laundering scandal.

JD Group's CEO resigns

2013-02-22 15:44

Grattan Kirk has resigned as CEO of JD Group and various subsidiary companies, as the retailer announced its financial results.

Qantas profit up on Dreamliner cashback

2013-02-21 11:31

Australia's Qantas has banked compensation from Boeing for Dreamliner delays and slashed international losses reporting a surge in six-month net profit.

Michelin profits rise, but caution remains

2013-02-12 12:43

French tyre-making giant Michelin has reported a 7.4% rise in net profit in 2012 but remain cautious about this year while holding medium-term targets.

GSK faces crucial year after shortfall

2013-02-06 15:54

Drugmaker GlaxoSmithKline renewed its promise to revive growth, after it registered a 13% drop in annual profits.

Japan's Mazda swings back to profit

2013-02-06 09:56

Mazda says it swung back to a profit in the nine months to December as it boosted its full-year earnings forecast.

Oceana sails on earnings report

2012-11-09 09:54

Shares in fishing group Oceana have opened up 1.67% after it lifted its annual diluted headline earnings per share by 34% to 419.8 cents.

AngloGold profits slump 49% on strikes

2012-11-08 09:03

Mining titan AngloGold Ashanti has seen its profits fall to $235m, amid strikes that froze production at the company's six South African mines.

Jaguar Land Rover boosts Tata motors profit

2012-08-09 15:09

Tata Motors says June quarter profits rose 12% as strong sales of its Jaguar Land Rover vehicles made up for lackluster domestic demand.

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