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American company Johnson & Johnson, the world's largest producer of health products, increased its net profit in the second quarter by 3.1% year-on-year to $3 billion 950 million. Profit without taking into account one-off factors increased by 14.8% to 2 dollars 10 cents per share, the analysts had predicted 2 dollars 7 cents per share. Revenues amounted to 20 billion 800 million dollars, increased by 10.6%. Experts had expected the figure at 20 billion 390 million dollars. In the US, revenue increased by 9.4%, in other countries - by 11.8%. Sales of the pharmaceutical division increased by 19.9%, consumer medical products - by 0.7%.
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 ...
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 ...
Japan’s Nintendo Co Ltd is posed to rally further, sustaining its decade-high earnings streak. The positive record is expected next week as sales of the recently-released gaming console Switch surged amid quarantine restrictions. Nintendo’s ...
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