profits
- Business
Samsung’s operating profit surges 15 times to $7.54 billion in Q2
Seoul: Samsung Electronics said on Wednesday its second quarter (Q2) operating profit surged more than 15 times from a year earlier on the robust performance of its semiconductor business. The world’s largest…
- Business
LG Electronics reports 11 pc decline in Q1 profit as costs rise
Seoul: LG Electronics said on Friday that its operating profit for the first quarter of this year fell more than 10 per cent from a year earlier, due to rising costs and…
- Business
Saving Big: Paytm’s smart move with AI to spur profit surge
New Delhi: Fintech giant Paytm is leveraging artificial intelligence (AI) to revolutionise payments and financial services like wealth management, Paytm Founder and CEO Vijay Shekhar Sharma said in an interview with Bloomberg.…
- Business
LG Electronics’ operating profit jumps over 33% in Q3
Seoul: LG Electronics said on Friday that its third-quarter operating profit jumped more than 33 per cent on brisk sales of new-platform services and automotive electronics, beating market expectations. The company said…
- Business
LG Electronics Q4 operating profit down 91.2% in Q4
Seoul: LG Electronics estimated its fourth-quarter operating earnings at 65.5 billion won ($51.6 million), down 91.2 per cent from a year earlier. Revenue increased 5.2 percent on-year to 21.85 trillion won, marking…
- World
Indian-American convicted of making illicit profits worth $7.3mn
New York: An Indian-American former IT professional has been convicted of four counts of securities fraud in California for using a publicly traded company’s confidential inside information about its financial performance to…
- Technology
Samsung logs sharp drop in profits, reaffirms no production cut
Seoul: Samsung Electronics on Thursday posted a sharp drop in profits for the third quarter, as its main semiconductor business faced major headwinds from weakening memory chip prices and demand. The world’s…
- Technology
LG Electronics posts 12% drop in profit on weaker demand
Seoul: LG Electronics on Friday said its second -quarter operating profit decreased 12 per cent (on-year) amid rampant inflation that hurt consumer demand for TVs and other home appliances. Its operating income…
- Business
Reliance Jio posts robust set of numbers for Q1 FY23
Mumbai: Reliance Jio posted a robust set of numbers for Q1 FY 23 results announced on Friday. As per the results, Reliance Jio revenue from operations jumped 21.6 percent to Rs 21,873…
- Technology
Firms must learn first how Web3.0 will impact operations, profit: Report
Singapore: As entrepreneurs make a beeline to launch Blockchain and Web3.0 startups, an IDC study has said that firms need to first gain a clear understanding of the current technology and how…
- Technology
Samsung sees 50% jump in profits due to robust mobile, chip sales
Seoul, April 7 (IANS) Samsung Electronics said on Thursday it is likely to report its best first-quarter earnings in four years on the back of solid chip and mobile demand. In its…
- Pakistan
Pak oil firms make huge profits through tax-free imports
Islamabad: While Pakistan’s trade deficit is widening, its oil marketing companies (OMCs) are making huge profits through tax-free imports. Around 15 OMCs are reported to have imported over 2.4 billion litres of…