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Yum! Brands, the operator of fast-food chains, reported that in nine months its net profit grew by 34% in annual terms and amounted to 1 billion 200 million dollars. Diluted earnings per share increased to 3 dollars 64 cents from 2 dollars 52 cents. At the same time, the company recorded a decline in revenue by 4% to 4 billion 130 million dollars. The number of new restaurants opened by an American company during the earnings period amounted to 410 units. Data for the third quarter showed net profit growth of 9% to $454 million, an increase in diluted earnings per share up to 1 dollar 40 cents from 1 dollar 21 cents, and a decrease in revenue by 3% to $1 billion 391 million.
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 ...
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 ...
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 Bank of Japan (BOJ) on Wednesday offered ¥8.28 trillion ($77.74 billion) in loans to financial institutions under its first phase of its new lending program. The move came in a bid to transfer funds to firms that have been heavily ...
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