Tag: profit
MTX profit remains steady as revenue slips
Profit at MTX Contracts has held steady despite a 12 per cent fall in revenue last year as the modular healthcare construction specialist adjusted its business strategy. In its latest accounts for the 12 months to 31 August 2025, the Cheshire-based firm announced turnover of £113.5m compared to £129.4m the previous year. Pre-tax profit rose
TSMC Q3 Net Profit Surges 39% to Record High on AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 39.1% year-on-year increase in third-quarter net profit, reaching NT$452.3 billion ($14.76 billion), its highest on record and above market expectations. Analysts had projected around NT$417.7 billion, according to LSEG SmartEstimate data. The world’s largest contract chipmaker, whose key clients include Nvidia and Apple...
Go beyond profit: Business must empower people – Margins ID Group CEO urges youth
Founder and Chief Executive of Margins ID Group, Moses Baiden Jnr, has urged young people to focus on the broader impact they can have on society, not just personal wealth. Mr Baiden said business should be viewed as a tool for social transformation, empowerment, and national development. “…Business has its impact in transforming society and
Guns, Race, and Profit: The Pain of America’s Other Epidemic
BOGALUSA, La. — Less than a mile from a century-old mill that sustained generations in this small town north of New Orleans, 19-year-old Tajdryn Forbes was shot to death near his mother’s house. She found Forbes face down in the street in August 2023, two weeks before he had planned to move away from the
Keppel H1 Profit Surges 25% After Hiving Off Non-Core Portfolio
Keppel is selling its One Paramount office complex in Chennai Keppel Ltd on Thursday said first-half net profit rose 25 percent year-on-year to S$431 million ($333 million) on strength in the Singaporean conglomerate’s real estate and infrastructure businesses. The profit figure excludes the group’s non-core portfolio for divestment, underscoring Keppel’s asset-light strategy and focus on
Adidas profit jumps in first quarter without Yeezy shoes
AFP 23 Apr, 2025 07:49 PM 2 mins to read The first quarter of 2025 is Adidas’ first to not include any contribution from the Yeezy trainers that had been developed with Kanye West. Photo / Jonathan Leibson / Getty Images The first quarter of 2025 is Adidas’ first to not include any contribution from
From power to profit: CATL turns EV batteries into financial assets with “Choco-Swap”
The value of a power battery goes far beyond its price tag. At a “Choco-Swap” station in Xiamen, Fujian, a power battery is experiencing its third ownership transfer—yet it remains in excellent condition. This is thanks to an asset management system known as the “battery bank,” designed to maximize the utility of every single battery.
Nokia’s Q1 profit falls 18% amid slowdown in consumer spending
Nokia, one of the world’s largest manufacturers of telecoms equipment and electronics, reported an 18 per cent annual drop in its first-quarter profit, amid slower consumer spending in a challenging...
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Entertainment
5 Iconic ‘80s Movies You Can Stream Right Now
When we talk about great decades for entertainment, the 1990s usually come up and understandably so. That was a decade of great sci-fi, rom-coms, and more. But the 1990s aren’t the only decade with great movies. The 1980s was also a great time for movie fans, bringing to the screen a wide variety of movies
cancels
Sega reports $31.6m net loss during FY26, cancels ‘Super Game’ project amid strategic pivot
Impairment losses from Rovio and Stakelogic push company to reduce free-to-play priority and focus on full game development Image credit: Sega Sega Sammy has released its financial results for the year ending March 31, 2026. While net sales increased by 13.6%, operating income from its entertainment contents, including the video games division, declined from ¥40.8
African
African Businesses Feel the Pinch as Customers Flock to Online Gambling
African businesses are now competing for discretionary spending against a new sector – online gambling. As it proliferates, regular businesses, whether entertainment providers, phone companies, or even grocery shops, are seeing customers increasingly willing to spend on games of chance rather than perishables, a good flick, or faster internet. “People are spending money in a
Business News
“It’s a struggle every day. The good news is I can still play music. I can still play guitar”: No Doubt’s Tom Dumont reveals...
Music(Image credit: Timothy Norris/Getty Images for Coachella)No...
Business News
“The whole idea of the band was to assume a bit of a satirical approach to rock music”: Angine de Poitrine, the viral math...
Music(Image credit: Constantin Monfilliette)Unless you’ve been living...

