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Canadian engineering company Bombardier, following the results of the first quarter, reported on net profit growth 7.3 times to 44 million dollars, the finversia.ru project wrote with reference to the company's accounts. Diluted profit in terms of one ordinary share was 1 cent compared to zero profit a year earlier. Quarterly revenues amounted to 4 billion 28 million dollars, increased by 11.7% in annual terms. The head of the company, Elaine Belmar, commented on the quarterly results: “We have successfully reached the middle of our financial recovery plan with improved financial performance and a clear vision of functioning and growth”.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
American multinational automaker Ford Motor Co. (F.N) announced on Thursday that its vehicle sales increased by 3% from April to June in mainland China. It would be the first time that the company's first quarterly sales rose in the world's ...
KYC Policy