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Price and product success boost Primark FY profits

2018-11-06 11:58:00| Daily apparel & textile news and comment - from just-style.com

The Primark fast fashion business has booked a jump in full-year profits and sales for the year, driven by expanded selling space, the weakening of the US dollar exchange rate on purchases, and better buying. 

Tags: price product success boost

 

Softbank profits surge on investments, telco business shows steady growth

2018-11-05 12:58:00| Telecompaper Headlines

(Telecompaper) Softbank reported another surge in net profit for its fiscal first half to September, with the result jumping 719 percent to JPY 840.1 billion from JPY 102.6 billion a year ago. The growth was driven by gains on its investment portfolio, while revenues rose a more modest 6 percent year-on-year to JPY 4.65 trillion. Operating profit was up 62 percent to JPY 1.42 trillion, supported by improvement at Sprint. 

Tags: business shows growth investments

 
 

Royal Dutch Shell sees profits jump as oil price rises

2018-11-01 09:34:53| BBC News | Business | UK Edition

The Anglo-Dutch giant sees earnings in the July-to-September period boosted by buoyant crude prices.

Tags: price jump oil royal

 

BP profits double on higher prices and new oil fields

2018-10-30 10:16:26| BBC News | Business | UK Edition

The oil giant reports its strongest quarterly results for five years, helped by higher prices and output.

Tags: prices double higher fields

 

LG profits up in Q3 after cost-cutting reduces smartphone losses

2018-10-25 10:41:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported a small rise in third-quarter revenues and higher profits, helped by reduced losses at its smartphone business and expansion in the automotive market. Total revenues were up 1.3 percent to KRW 15.43 trillion (USD 13.76 billion), and operating profit rose 45 percent to KRW 749 billion, slightly ahead of the company's preliminary report. Net profit jumped 48 percent to KRW 497 billion, helped by lower taxes and fewer one-time charges. 

Tags: losses reduces profits smartphone

 

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