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The net profit of one of the largest US airlines increased 3.4 times in the last quarter of 2018 and exceeded $1 billion against $299 million last year. Revenues for the quarter increased by 5%, adjusted revenue rose to $10.73 billion, an increase of 7.5%. Revenue per passenger-mile increased by 4%. The total revenue in the field of passenger traffic increased by 7%, in the field of freight - by 5%. At the end of last year, revenue grew by 8%, and net profit - only by 23%. Delta Air expects earnings of 70-90 cents per share in the first quarter of 2019, although market expectations were higher, having set at 93 cents per share. Shares of the company fell during the preliminary bidding by 1.7%. The capitalization of Delta Air has decreased by 20% over the last year.
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, ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
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 ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
SensorTower announced on Wednesday that Apple (AAPL) removed more than 2,500 games from the China App Store in the first week of July. The move came after the U.S. tech giant closed a loophole to comply with China’s license requirements. Apple ...
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