Tag: profit

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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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RubyPlay partners with Caesars Entertainment in Ontario to advance North American expansion

RubyPlay, a studio-based content ecosystem, is further strengthening its presence in Ontario as part of its broader North American growth strategy with a new partnership with Caesars Entertainment. The partnership will see a curated selection of RubyPlay’s fan-favourite titles, including JMania® Lucky Pyggs, Mad Hit® Mr Coin and Diamond Explosion® 7s SE, made available on

Wizkid wins “Best African Music Act” at the 2026 MOBO Awards, beats Davido, Tyla, Rema

MusicRead Later (0)Please login to bookmark Close Nigerian superstar Wizkid...

South Block Continues Rapid Expansion Adding 24th Block in Burke, Virginia, March 28

MusicFirst 100 grand opening guests score free Mini...