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Column: Chinas Surging Crude Imports Mask Weakness in Rest of Asia

2020-07-27 16:20:40| OGI

Chinese refiners took advantage of the oil price wars very low prices, so record imports may continue in August.

Tags: rest asia column mask

 

Half-year earnings slip at Woolworths on womenswear weakness

2020-02-20 11:54:00| Daily apparel & textile news and comment - from just-style.com

South African retailer Woolworths has reported a 17.7% fall in half-year profits on the back of weakness in womenswear sales.

Tags: earnings slip weakness woolworths

 
 

Samsung Q4 falls on continued price weakness, mitigated by strong mobile business

2020-01-30 09:42:00| Telecompaper Headlines

(Telecompaper) Samsung said revenues for its fourth quarter slipped to KRW 59.88 trillion from 59.27 trillion, with the operating profit decreasing to KRW 7.16 trillion from 10.80 trillion. For the full year revenues went to KRW 230.40 trillion from 243.77 trillion and the operating profit to KRW 27.77 trillion from 58.89 trillion. Capex amounted to KRW 26.9 trillion, including KRW 22.6 trillion spent on semiconductors and KRW 2.2 trillion on displays.

Tags: business price mobile strong

 

Exxon Mobil Signals Fourth-quarter Weakness Offset By Asset Sale

2020-01-06 11:10:00| OGI

Offsetting the weak results, Exxon Mobil will report a gain of as much as $3.6 billion from the sale of its Norwegian oil and gas production.

Tags: sale mobil offset asset

 

Exxon Mobils Profit Sinks On Weakness In Natural Gas, Chemicals, Refining

2019-08-02 14:58:48| OGI

The largest U.S. oil producers net income fell to $3.13 billion, or 73 cents per share, in the second quarter, from $3.95 billion, or 92 cents per share, last year.

Tags: natural gas profit chemicals

 

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