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French oil and gas company Total reported an increase in net profit in the third quarter by 45% compared to the same quarter of last year to 3 billion 957 million dollars, which was promoted by the increase in oil prices. Adjusted profit was 3 billion 958 million dollars, an increase of 48%. Experts had expected a less significant growth rate – up to 3 billion 890 million dollars. Revenues reached 54 billion 717 million dollars, its growth was 27%. Production volume grew by 9% over the quarter, and over 9 months of the year – by 8%. From the beginning of the year to September, the company increased its net profit by 36% to 10 billion 314 million dollars.
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 ...
KYC Policy