Profits

Mumbai (AFP) Jan 9, 2023 India's largest software exporter Tata Consultancy Services on Monday reported higher earnings in the December quarter, but missed expectations and warned of a "cautious" business environment in the new year. TCS is India's second-most-valuable company by market capitalisation and earns more than 80 percent of its revenues from Western markets...

Samsung expects its profits for the last three months of 2022 to fall by 69% to the lowest level in eight years. The world’s biggest maker of memory chips, smartphones and TVs forecast its operating profit for the period fell to around 4.3tn won ($3.4bn; £2.8bn...

Alan Belfield Arup has seen its annual profits drop by a third despite reporting a return to revenue growth.  The consultant reported pre-tax profit of £36.7m in the year to the end of March 2022, compared to £54m the previous year.  It came as “charges from sub-consultants” and other project expenses rose a quarter to