net profit - updates

Rappler's latest stories on net profit


Australian carrier Qantas soars to record profits

Aug 24, 2016 - 11:30 PM

Qantas reports a net annual profit of Aus 1 42 billion US 1 08 billion in the year to June 30

Qantas Chief Executive Officer Alan Joyce announces the airlines annual results in Sydney on August 24, 2016.  Australian national carrier Qantas soared to a record annual net profit of 1.08 billion USD in the year to June 30 and announced a first payout to shareholders in seven years in a strong turnaround after major restructuring. / AFP PHOTO / PETER PARKS

Profit plunges for Malaysia's Petronas on low oil prices

Aug 22, 2016 - 11:05 PM

Petronas reports a net profit of 402 million for the second quarter of 2016 an 85 drop

epa05190482 Malaysia's Petronas Twin Towers rise behind a Petronas logo at a gas station in Kuala Lumpur, Malaysia, 02 March 2016. Petronas is cutting as many as 1,000 jobs as it reorganises its businesses and trims the fat to counter a slump in the price of crude oil. EPA/FAZRY ISMAIL

Nestle posts sluggish first half profits

Aug 18, 2016 - 11:55 PM

But the world s largest food company is optimistic it will see better performance in the second half of 2016

epa05247866 Nestle CEO Paul Bulcke speaks during the general meeting of Nestle Group in Lausanne, Switzerland, 07 April 2016. The world's biggest food and beverage company holds its 149th annual general meeting. EPA/LAURENT GILLIERON

Cathay Pacific H1 profit drops amid China slowdown

Aug 17, 2016 - 11:10 PM

The airline s net profit for the first 6 months of the year slides 82 to HK 353 million 45 52 million

epa05492249 A Cathay Pacific cargo plane takes off from Hong Kong International Airport in Hong Kong, China,17 August 2016. Cathay Pacific's first-half net profit declined by 82.1 per cent, hurt by fewer tourist arrivals, cut backs in corporate travel and intense competition from mainland Chinese airlines. Cathay?s cargo-carrying business yield fell 17.6 per cent, while the cargo traffic declined 2.3 per cent. EPA/JEROME FAVRE

Macau gaming slump weighs on Australia's Crown

Aug 17, 2016 - 9:30 PM

Crown Resorts is affected by softening demand in Macau which was triggered by China s corruption crackdown

Toyota dented by yen rally, North American sales drop

Aug 04, 2016 - 10:00 PM

The world s biggest automaker also cuts its full year profit and sales forecasts for 2016

epa05454437 A Toyota logo is seen on the back of a vehicle on display at the company's showroom in Tokyo, Japan, 04 August 2016. The Japanese auto maker Toyota Motor Corp. reported a consolidated net revenue total of 6.58 trillion yen (around 64.8 billion US dollars), a drop by 5.7 percent. Operating income declined to 642.2 billion yen (around 6.32 billion US dollars) compared with 756.0 billion yen (around 7.45 billion US dollars) in the previous period. Net income dropped to 552.4 billion yen (around 5.44 billion US dollars) compared to 646.3 billion yen (around 6.36 billion US dollars) and operating income decreased by 113.7 billion yen (around 1.12 billion US dollars). EPA/CHRISTOPHER JUE

Qatar Airways profit jumps threefold

Jul 12, 2016 - 2:55 PM

The Gulf state s national carrier posts a massive 335 increase in its net profit for the year ending March 31

epa04538092 The first Airbus A350 XWB taxis during during a delivery ceremony to Qatar Airways in Colomiers, Southern France France, 22 December 2014. Airbus delivered its first A350 jetliner to Qatar Airways, the European aircraft manufacturer's answer to US rival Boeing's 787 Dreamliner. The twin-engine, wide-body jet was created to wrest market share away from Boeing in the lucrative long-haul market. A typical three-class configuration seats 369 passengers and can travel 14,800 kilometres. EPA/GUILLAUME HORCAJUELO EPA/STR

Honda full-year profit tumbles on airbag scandal

May 14, 2016 - 10:50 AM

Its profit for the fiscal year to March is down 32 4 due to quality related costs linked to the Takata airbag crisis

Singapore Airlines full-year net profit more than doubles

May 13, 2016 - 10:00 AM

The airline says however that the competitive environment remains challenging

epa03211818 A Singapore Airlines Airbus A-380 plane departs Changi Airport in Singapore, 09 May 2012. Singapore Airlines reported an unexpected fourth quarter net loss of 23.4 million euro (30.3 million US dollar), resulting in a 69 percent fall in full-year profit from 2010, due to higher fuel costs and weaker demand. EPA/STEPHEN MORRISON

Emirates annual profit soars 56% as fuel costs fall

May 11, 2016 - 3:30 AM

The net profit of the largest Middle East carrier hits 1 9 billion in the financial year 2015 16

epa04342338 Emirates Airline's aircraft arrives from Dubai at the O'Hare International Airport in Chicago, Illinois, USA on 05 August 2014. Emirates launched on 05 August a daily service to Chicago O'hare International Airport. The service will be operated by Boeing 777-200LR powered by GE90 engines. Chicago is the airline's ninth destination in the United States. EPA/KAMIL KRZACZYNSKI

Profits soar at China's big 3 airlines

Mar 31, 2016 - 8:20 PM

China Southern Airlines Air China and China Eastern Airlines all see higher net profits in 2015

epa03069393 File photo of the first Airbus A380 delivered to China Southern Airlines taking off from Toulouse-Blagnc Airport, southern France, 14 October 2011. Airbus has announced on 20 January 2012 that will control 21 of the 69 A380 flying nowadays, following the advice of the European Aviation Safety Agency, that recommended inspections after Singapore Air and Qantas found cracks in some of their A380 wing-rib feet. The fissures pose no dangers to passengers flying on the world?s largest commercial aircraft, Airbus Chief Executive Officer Tom Enders said on 19 January. EPA/GUILLAUME HORCAJUELO

Xurpas net income up 20% for 2015

Mar 30, 2016 - 8:15 PM

The increase is the result of a 135 surge in revenue that saw the consumer tech firm end the year profitable despite a slew of investments

France's Hermes bags luxurious profits

Mar 23, 2016 - 9:30 PM

The luxury goods maker sees its net profit reach 1 1 billion in 2015 despite challenges

epa05152390 (FILE) A file photo dated 26 April 2013 showing the Hermes booth at the world watch and jewellery show Baselworld, in Basel, Switzerland. Hermes published their 4th quarter 2015 earnings, saying the Group's consolidated revenues amounted to 4,841 million euro in 2015, up 18 per cent. At constant exchange rates, growth was at 8 per cent, in what the company called 'a challenging environment'. Hermes' Japan sales grew 18 per cent, Asia (excluding Japan) grew 5 per cent and America 7 per cent. Sales in Europe grew 9 per cent, in particular the Bond Street store in London and Gum store in Moscow performed well. EPA/GEORGIOS KEFALAS

Low oil price sends Lufthansa profits soaring

Mar 17, 2016 - 7:00 PM

Last year was emotionally challenging says the German airline s chief executive but it was a good year in economic terms

epa05001651 (FILE) A file photo datewd 07 September 2012 showing planes of airline Lufthansa seen on a runway of the airport in Duesseldorf, Germany. Lufthansa on 29 October 2015 lifted its full-year earnings forecast as it bounced back from a September pilots strike. Its third-quarter earnings were helped by the low cost of aviation fuel and an unexpected surge in travel during the Northern Hemisphere's summer. They rose 51 per cent from the same quarter a year ago to 1.2 billion euros (1.3 billion dollars). Chief executive Carsten Spohr said earnings for the year would be in the range of 1.75 billion to 1.95 billion euros, provided there is no fresh strike. Previously, he had said earnings would be at least 1.5 billion euros. EPA/FEDERICO GAMBARINI

Samsonite profits up in 2015 but outlook 'uncertain'

Mar 17, 2016 - 5:30 PM

The luggage manufacturer s chief executive Ramesh Dungarmal Tainwala cites challenging trading conditions expected in key markets like China

epa02759103 Samsonite luggage is displayed during the company's presentation in Hong Kong, China, on 30 May 2011. Samsonite International S.A., the world's largest luggage brand plans to raise as much as 1.1 to 1.5 billion US dollars (0.77 to 1.05 billion Euro) in an initial public offering (IPO) at the Hong Kong Stock Exchange in June 2011. EPA/YM YIK

Cathay Pacific net profit soars thanks to dive in oil prices

Mar 09, 2016 - 9:30 PM

The end of fuel surcharges translating to more affordable fares has attracted more passengers says an analyst

An image showing a Cathay Pacific jumbojet airplane at Frankfurt airport, Germany, 27 June 2008. EPA/MAURITZ ANTIN

'Frozen' ice castle boosts Lego profit

Mar 02, 2016 - 3:01 PM

The Danish toy maker sees a 31 surge in net profit in 2015 driven by Elsa s Sparkling Ice Castle

Airbus 2015 net profits soar to $3B

Feb 24, 2016 - 5:30 PM

UPDATED The plane manufacturer also expects record breaking order levels in 2016

epa05167352 Ground crew stand next to the fuselage and livery of an Airbus A350 XWB commercial jet during the Singapore Airshow, in Singapore, 18 February 2016. The fifth edition of the biennial Singapore Airshow will run from 16-21 February 2016 at the Changi Exhibition Centre. EPA/WALLACE WOON

HSBC 2015 results disappoint amid 'seismic' economic shifts

Feb 22, 2016 - 6:00 PM

UPDATED The bank also reveals it is under investigation over its hiring practices in Asia Pacific

epa05161638 (FILE) A file picture dated 09 June 2015 shows a pedestrian walking past a HSBC bank branch in London, Britain. Multinational banking giant HSBC will keep its headquarters in London, ending deliberation of a potential plan to relocate to Hong Kong, the company announced late 14 February 2016. The bank's 19-member board voted unanimously to remain in Britain, the company said in a statement. The decision, made following a 10-month review, was seen as a victory for Britain's finance sector. 'London is one of the world's leading international financial centers and home to a large pool of highly skilled international talent. It remains therefore ideally positioned to be the home base for a global financial institution such as HSBC,' the bank said in a statement. 'Asia remains at the heart of the Group's strategy,' the company added, noting that 'Hong Kong will play a pivotal role.' HSBC's Hong Kong-listed shares rose 3.5 percent on 15 February 2016 in early trading. EPA/ANDY RAIN

Singapore Airlines second quarter net profit more than doubles

Nov 05, 2015 - 9:11 PM

Net profit for the three months to September soars 135 percent boosted in part by higher dividends from long term investments

AIR TRAVEL. Technicians work on Singapore Airlines aircraft at Changi Airport Singapore in this file photo taken on 18 September 2013. File photo by Rungroj Yongrit/EPA

Singapore Airlines Q4 net profit surges 47%

May 14, 2015 - 9:51 PM

Asia’s third largest carrier by market says full year profits were dragged down by ‘weaker share of results from joint venture and associated companies’

ABS-CBN nets P569M in Q1 2015

May 08, 2015 - 8:56 AM

The broadcasting firm attributes the 5 8 increase in net income to higher ad revenues and consumers sales

Cebu Pacific's profits dive

Mar 13, 2014 - 9:33 PM

Cebu Air says the exchange rate fuel and competition in long haul routes were key challenges

HSBC REPORT. HSBC says industry consolidation in the Philippines would foster a better operating environment for Cebu Pacific. Photo from Airbus

Del Monte Q3 profit down 13%

Oct 25, 2013 - 1:43 PM

Acquisition and listing fees pull down the 3rd quarter net income of local fruit grower and canner Del Monte Pacific

Alliance Global Q1 profit reaches P4.9-B, up 18%

May 15, 2013 - 4:28 PM

The conglomerate attributed its growth to the strong performance of its real estate food and beverage and hotel units

ON A HIGH. Emperador Distillers hiked its net profit on the back of strong Emperador sales.

Globe sees postpaid growth on improved plans

Feb 21, 2013 - 9:07 PM

Globe posts drop in net profit due to company investment

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