The American oilfield services company Halliburton, from the beginning of 2018 to September, increased its net profit 2.7 times compared to the same period in 2017 to $992 million, finversia.ru reports, citing the company's statements. Per share, the indicator was 1 dollar 13 cents. Revenue for the period jumped by 23% compared with the same period last year to $18 billion 59 million. The company also reported its quarterly results. It completed the third quarter with net profit growth of 19% year-on-year to $435 million. The company recorded revenue of $6 billion 172 million. Its growth was 13.3%.
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 ...
On Tuesday, the International Air Transport Association (IATA) announced that international airlines are in line to make a combined net loss of more than $84 billion this year due to the coronavirus crisis which has decimated air travel demand. According ...
The National Bank of Canada and Scotiabank reported acceptable second-quarter results on Tuesday. Both banks surpassed analysts’ estimates even though their respective profits suffered from loan-loss provisions due to the novel coronavirus ...
Thailand’s economy hit its sharpest downturn in eight years in the first quarter. Though it contracted by less than speculated, struggling months impend as the coronavirus crisis ravages tourism and domestic activity. Southeast Asia’s ...