HMM sees 2024 earnings & profits rise

HMM reported revenue of KRW 11,700 billion (US$8 billion), operating profit of KRW 3,513 billion (US$2.42 billion), and net profit of KRW 3,781 billion (US$2.6 billion) in 2024. All major financial indices of HMM were significantly higher than their corresponding 2023 results. HMM’s operating margin was 30% in the previous year, “demonstrating its competitiveness in […]

HSBC announces reduction in costs amid rise in profits

nst.com.my - 19/Feb 14:42

LONDON: HSBC is targeting savings of US$1.5 billion by the end of 2026, the firm announced.

Betamek's net profit drops, revenue up in Q3

nst.com.my - 20/Feb 19:55

KUALA LUMPUR: Betamek Bhd posted a weaker net profit in the third quarter (Q3) despite a strong revenue due to higher administrative and operating...

B2Gold Swings For Annual Net Loss In 2024, Sees Decline In Revenue And Output

thedeepdive.ca - 20/Feb 17:58

B2Gold (TSX: BTO) has released its final quarter and full-year 2024 financials, with annual revenue of US$1.90 billion, down from The post B2Gold...

Renault shows solid financial results for 2024

newmobility.news - 20/Feb 11:21

Publishing its 2024 financial results, Renault Group showed solid growth and record operating profit in challenging market conditions. The Group...

CAL’s operating profit declines 51% in 2024

stabroeknews.com - 14/Feb 06:01

(Trinidad Guardian) Minister of Finance, Colm Imbert, said on Wednesday that majority state-owned Caribbean Airlines Ltd (CAL) reported an operating...

NCB Financial makes $5b profit

jamaica-gleaner.com - 19/Feb 05:05

NCB Financial Group Limited reported a profit of $5.15 billion for the October-December 2024 quarter on the back of $35.2 billion in revenue compared...

Sibanye-Stillwater: strong PGM performance offsets gold decline

dailynews.co.za - 20/Feb 06:01

Sibanye-Stillwater expects to narrow down its full year losses for 2024 on the back of an improvement in impairments and an increase in net gains on...