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Microsoft’s net profit increased in 2,4 times for the year

22.07.2019 10:02:09

The world’s largest software producer Microsoft corporation reported its significant financial year results which ended on 30 June. American corporation observed its net profit growth in 2,4 times year-to-year to $39,24 bn. Revenues were $125,843 bn having rosen in 14% for a year. In Q4 the company got 13,187 bn dollars of net profit. The indicator increased by 48,6%. Earning per share was 1,71 dollars while the economists had predicted it at the level of 1,21 dollars. The quarter revenues reached $33,72 bn having exceeded the market forecast of $32,77 billions. All the departments showed the revenues’ growth in the last quarter except for the game sector with its falling by 10%. The Microsoft’s capitalization now is 1,04 trillions dollars. It has increased by 34% from the beginning of the year

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30.07.2020 09:00:24

Samsung expects upbeat chip demand, second quarter profit climbs

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, ...

29.07.2020 11:00:24

Dollar sits near two-year lows ahead of Fed policy meeting

The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...

27.07.2020 13:00:23

China’s industrial profit grows stronger, indicates firming economic rebound

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 ...

20.07.2020 12:00:36

Renault’s sales down by 34.9% in the first half of the year

Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...

16.07.2020 13:00:25

European new car sales see 24.1% slump year-on-year for June

European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...

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