Tag: financial performance
10 months ago
wsj.com

Brambles Flags Further Earnings Rise After Lifting Annual Profit

Brambles lifted its final dividend and flagged a further rise in underlying profit for the year ahead after price ris...

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10 months ago
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Zip Cuts Annual Loss 60%, Says Profitability Coming

Australian buy-now-pay-later provider Zip Co. cut its annual loss by 60% and reiterated its belief it will report pos...

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10 months ago
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Qantas Launches Buyback After Swinging to Annual Profit

Qantas Airways launched a fresh share buyback of $324 million after swinging back to annual profit for the first time...

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10 months ago
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Telstra Lifts Annual Earnings 8.3% as Mobile Revenue Soars

The company expects underlying Ebitda of A$8.2 billion—A$8.4 billion in FY24

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10 months ago
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Cochlear Raises Dividend as Market-Share Gains Help Lift FY Underlying Profit 10%

The company said it expects higher revenue and improved margins to lift fiscal 2024 underlying net profit to between ...

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11 months ago
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Stock Exchange Regulators Back Global Climate-Reporting Rules

Association representing over 95% of market capitalization endorses international rules that include Scope 3 emission...

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11 months ago
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Is China Mired in a ‘Balance Sheet Recession?’

Warning signs are adding up that China may face a slow, post-2008 slow U.S. recovery—absent a much bigger fiscal push

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about 1 year ago
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Qantas Expects Large Underlying Profit as Air Travel Recovers

Australia’s biggest airline, Qantas, expects a large underlying profit for the 2023 fiscal year and is increasing a s...

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about 1 year ago
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Aristocrat Leisure 1H Profit Rises, Lifts Dividend

North America gaming operations, slot-machine sales cited

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about 1 year ago
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Tencent Earnings Show It Still Has Game

After a brutal 2022, Tencent is bouncing back quickly. But it needs to keep diversifying its business to lay the foun...

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about 1 year ago
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How Sanctioned Western Goods Are Still Flowing Into Russia

Cluster of ex-Soviet republics is hub for shipments of U.S., European dual-use goods to Russia

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about 1 year ago
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Star Entertainment to Cut 500 Jobs After Weak Earnings

The company will also cancel staff incentives and freeze pay for all employees not covered by wider bargaining agreem...

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about 1 year ago
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Food Prices Are New Inflation Threat for Governments and Central Banks

With food commodity prices down, widening profit margins might explain why consumers are paying more

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about 1 year ago
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Eurozone Core Inflation Hits Record High

The headline inflation rate fell sharply in March but policy makers worry the search for bigger profits may keep othe...

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about 1 year ago
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Toshiba Shareholders Draw the Short Stick, Again

Toshiba’s sale was supposed to be a bookend to years of corporate governance reforms in Japan

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over 1 year ago
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China’s Top Online Travel Agent, Trip.com, Is Ready for Liftoff

China’s outbound passenger volumes will still take a while to recover—but on nearly every other metric, the company’s...

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over 1 year ago
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How Lego Beat Barbie and Monopoly

Maker of colorful toy bricks reports sharp rise in sales, pushing further ahead of U.S. rivals

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over 1 year ago
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Brambles Lifts Dividend, Outlook After 1H Profit Rises 14%

Pallet supplier reported an underlying profit for the six months through December of $548.8 million

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over 1 year ago
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Downer Overstated Earnings Since 2019 Due to Revenue Misreporting

Downer EDI overstated earnings across its last four fiscal years due to what the Australian engineering and construct...

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over 1 year ago
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Plodding Chinese EV Stocks Signal Speed Bumps Ahead

A selloff reflects worries that breakneck growth could soon slow just as competition is heating up.

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over 1 year ago
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Lenovo Delivers a Surprise Profit Boost

Lenovo’s business was supposed to fall apart after the pandemic boost, but that isn’t what’s happening.

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over 1 year ago
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Oil and Gas Profits Are an Easy Political Target

BP is the latest supermajor to report strong third-quarter earnings that are likely to fuel further calls for higher ...

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over 1 year ago
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The Weak Yen Means a Strong Sony—for Now

Sony’s September-quarter results were unexpectedly strong, but the company can’t claim much credit.

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over 1 year ago
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Coles First-Quarter Sales Rise 1.8%, Strengthen Further in Second Quarter

Coles Group’s first-quarter sales rose by 1.8% on-year amid steep price rises, and the Australian supermarket operato...

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over 1 year ago
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Shell’s Slip Shows Oil and Gas Prices Aren’t Everything

The supermajor’s lower trading profits highlight that energy stocks offer an indirect link to commodity markets.

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over 1 year ago
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Lego Sales Soar Despite Economic Uncertainty

The Danish toy maker said demand for its colorful bricks remained strong despite the fragile state of the world economy.

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over 1 year ago
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Brickworks Raises Dividend After Annual Profit More Than Doubles

Brickworks raised its dividend after its annual profit more than doubled on strength in building-materials sales and ...

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almost 2 years ago
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China’s Housing Market Is Still on Life Support

Until Beijing works up the gumption to intervene more decisively to restore confidence, the slow drift downwards of t...

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almost 2 years ago
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EU Seeks to Raise $140 Billion Clawing Back Energy Profits

The European Union outlined a sweeping plan to claw back profits and revenues from companies enriched by soaring ener...

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almost 2 years ago
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Go Big in Vegas—Stocks, That Is

Macau’s gambling revenue in July plunged, while U.S. casino-gambling revenue hit a record in the second quarter, an u...

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almost 2 years ago
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Zip to Exit U.K. After Annual Loss

Zip Co. will close its U.K. operations as the Australian buy-now-pay-later provider seeks profitability in the wake o...

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almost 2 years ago
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Qantas Launches A$400 Million Buyback After Halving Annual Loss

Qantas Airways announced a buyback of shares worth $276.4 million after cutting its annual loss by almost 50% and pay...

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almost 2 years ago
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TPG Telecom Raises Dividend After 1H Profit More Than Doubles

UPDATED: The Australian telecommunications provider reported a first-half net profit of $115.5 million amid a rise in...

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almost 2 years ago
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Aramco’s Actions Undercut Its Rosy Predictions

Flush with cash, the world’s largest oil company is predicting demand growth this decade, but its investment plans su...

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almost 2 years ago
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Aramco Reports Record Profit, Injecting Saudi Kingdom With Cash

Saudi Arabia’s national oil company said its net income jumped 90% to $48.4 billion in the three months ending in Jun...

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almost 2 years ago
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For China’s Chip Champion, the Easy Part Is Over

Semiconductor Manufacturing International Corp. was a beneficiary of the pandemic. Now it must contend with slowing d...

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almost 2 years ago
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Lenovo’s Pandemic Boost Is Over

The personal-computer maker raked in a windfall from the pandemic. But there isn’t a clear pathway to new growth as t...

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almost 2 years ago
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SoftBank Needs a Vision Check

CEO Masayoshi Son is sounding an apologetic note after huge losses last quarter. But investors have been here before,...

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almost 2 years ago
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The Hot New Trend for Gucci and Chanel: Middle America

After years focused mainly on expansion in China, luxury brands are rediscovering the U.S., opening boutiques across ...

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