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Financial Market News
You are at:Home»Posts Tagged "profits" (Page 3)

Chinese banks must move from size reliance to sustain profits

By FinMar NewsAugust 16, 2024

Most struggle to diversify their income sources as they seek short-term growth.   China’s banking industry is adapting a quality over quantity approach as their traditional banking…

Banking sector India: Indian banks are better placed with strong balance

By FinMar NewsJune 16, 2024

After suffering from seething government and disturbing bad loan difficulties, Indian banks have established themselves in a much stronger position, as balance sheets and profits have…

J.M. Smucker’s stock extends bounce as Hostess purchase helps boost profits

By FinMar NewsJune 6, 2024

J.M. Smucker’s stock nudged higher Thursday, after the consumer foods company beat quarterly profit expectations, as the recent acquisition of Hostess Brands and lower costs helped…

Saudi Aramco upholds dividend despite drop in first-quarter profits

By FinMar NewsMay 12, 2024

Saudi Aramco’s first-quarter net profit fell 14% year-on-year amid lower oil prices and production.Net income for the three months up to March 31 came in at…

Mondi PLC quarterly profits drop 18% as bags and paper prices soften

By FinMar NewsSeptember 22, 2023

Like-for-like sales volumes were lower in industrial bags and uncoated fine paper, which was partly offset by growth in corrugated packaging Paper and packaging maker ()…

Royal Bank of Scotland Group PLC’s profits almost halved by charges for

By FinMar NewsSeptember 17, 2023

Group PLC’s () profits almost halved in the first quarter of the year as it prepared for the economic effects of the coronavirus (COVID-19) pandemic.  The…

Biffa PLC bags higher profits as recycling rises

By FinMar NewsSeptember 2, 2023

Underlying operating profits surged 12% reaching £45.7mln thanks to new contracts and acquisitions in its collection division Waste manager  () piled up the profits amid an ongoing push…

FTSE 100 lower as first quarter RBS profits halve on cornavirus hit

By FinMar NewsAugust 13, 2023

Headlines from the Proactive UK newsroom. The FTSE 100 was lower again on a downbeat update from RBS. UK manufacturing figures also revealed factories had their…

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