Brown: Most parastatal CEOs didn't get bonuses

2015-01-04 20:15

Public Enterprises Minister Lynne Brown says most chief executives of key state-owned enterprises have not received performance bonuses.

Strikes fallout impacts Old Mutual sales

2014-08-07 11:52

Old Mutual says the economic fallout from mining strikes across South Africa would weigh on full-year sales.

Chocolatier estimates 51% growth

2014-07-03 21:00

British chocolate maker Thorntons estimates a 51% growth in full-year pretax profit, saying shares have risen by as much as 8%.

Prevent returns from eating into profits

2014-01-06 12:22

Returns can eat into business profits and a lot of money can be lost through poor route planning and theft during the return process, warns an expert.

Barloworld profits up 27%

2013-11-18 13:23

Barloworld has posted a rise in full-year profit, boosted by the contribution from its newly acquired Bucyrus business and a strong showing at its logistics unit.

Lonmin stops the bleeding

2013-11-11 10:21

Lonmin has posted a higher than expected pre-tax annual profit of $140m, after its finances were left battered due to labour unrest that left dozens dead.

Mediclinic sees over 50% profit boost

2013-11-07 10:43

Mediclinic has posted a 58% rise in first-year profit, helped by currency swings and a robust showing at its home market.

Nissan shares dive more than 11%

2013-11-05 10:50

Shares in Nissan Motor have plunged more than 11% after slashing its full-year earnings forecast, citing a sluggish European market and expensive product recalls.

Total's profits drop

2013-10-31 11:55

Oil and gas group Total has seen a sharp fall in net profit for the third quarter, owing to a surge of exploration costs and a slump in European refining margins.

BP profits slide

2013-10-29 14:29

British energy giant BP says its net profit fell 34% in the third quarter, mainly as a result of lower refining margins.


McDonald's quarterly profit falls 30%

2014-10-21 16:27

McDonald's has reported a 30% fall in quarterly profit, hurt by a food scandal in China and intense competition in the United States.

Weak rand lifts Royal Bafokeng earnings

2014-08-05 10:01

Royal Bafokeng Platinum says interim headline earnings have risen by a third as weakness in the currency lifted the rand price of platinum group metals.

Shell issues shock profits warning

2014-01-17 14:46

Shell has issued a severe profits warning, blaming exploration costs and disruption to Nigerian output, which sparked a sharp drop in its share price.

Emerging market drinkers help SABMiller

2013-11-21 11:21

SABMiller reported a rise in profits for the first half of its financial year, as strength in Africa helped offset declining beer sales in Europe and North America.

Netcare profits up 25%

2013-11-18 09:40

Netcare has reported a rise in full-year profit, helped by a strong performance in its South African market.

Harmony hits gold on increased production

2013-11-08 09:46

Harmony Gold Mining Company has posted a quarterly profit after two previous quarterly losses as it improved output and grades.

ArcelorMittal earnings jump 35%

2013-11-07 09:41

ArcelorMittal has reported a 35% rise in third-quarter profit as sales rose but it said a fall in domestic sales would ensure a weaker fourth-quarter result.

Nestle profits climb 11%

2013-10-31 13:13

Nestle Nigeria says its nine-month pretax profit rose 11.43% to 20.37bn naira from 18.28bn a year earlier.

Chrysler's profit jumps 22%

2013-10-30 13:02

Chrysler says its net profit for the third quarter rose 22% to $464m, and it confirmed its full-year sales forecast of $75bn.

African business boosts Shoprite sales

2013-10-28 10:02

Shoprite has reported a 10% rise in July-September sales, thanks to a strong showing at the stores outside its mainstay home market.

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