BMW has reported a 11% increase in its profits for the second quarter of this year due to strong sales of its three car brands. The net profit for the period between April and June end was €1.94bn, compared to €1.74bn for the ...
NEW YORK (AP) — General Electric’s net income rose 13 percent in the second quarter on strong performance from its aviation and oil and gas divisions. The company said orders, especially those in developing countries, were ...
Tags: GE, Electrical, Electronics
Reportedly, Korean Posco, the world’s fifth-largest steelmaker by output posts a KRW240.5 billion (US$215.5 million) of net profit for the second quarter of this year, citing the strong competition from China lured customers with ...
General Motors (GM) has reported a net income of $1.2bn for the second quarter of 2013, a 16% decline compared to $1.5bn it reported during corresponding period previous year. For the second quarter of 2013 the company posted a revenue of ...
Tags: General Motors, Auto Parts
A rebound for IBM failed to materialize in the second quarter, as profit and sales declined along with a slump in revenue from hardware and services. However, in its quarterly financial report Thursday, the company raised its forecast for ...
Tags: IBM, Computer Products, software
HTC's second quarter net profit plummeted 83 percent year on year as sales of the company's latest flagship handset failed to meet expectations. The company reported net profit of NT$1.25 billion (US$41.6 million), down from NT$7.4 ...
Brazil-based meat giant Marfrig today (14 August) booked a second-quarter profit, moving back into the black after a loss in the corresponding period last year. Marfrig, which owns the Seara brand, posted net income of BRL15.5m (US$19.1m) ...
Tags: Meat giant, Meat, net income, profit
Dutch organic food specialist Wessanen has seen its second-quarter profits slide as a result of lower sales volumes and higher marketing spend. The company today (25 July) booked net profits of EUR3.1m (US$3.8m) in the quarter, down from ...
Tags: Wessanen, second quarter profit, marketing spend, sales volume
Frutarom, a flavors and fragrances company headquartered in Israel, has reported a rise in its Q2 2012 net profit by 10% to $13.5m, compared to $12.3m in the same quarter last year. For the second quarter of fiscal 2012, the company's ...
Tags: flavors and fragrances company, great resources, accelerating growth
Reportedly, global steel giant Tata Steel’s profit after tax for the second quarter is seen down by 6% year on year to US$36.6 million, citing to the weakening EU market. For India market, Tata Steel’s sales for the second ...
Tags: Tata Steel, profit down, steel market, India market
French cement giant Lafarge SA (LFRGY. PK, LFGEF. PK) Friday reported an 80 percent plunge in profit for the second quarter, hurt by charges. Adjusted profit was flat with last year, amid a 5 percent rise in revenue. Net income group share ...
Tags: market view, cement