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profit

Bank Mandiri sees 30 percent profit dip in Q3 despite loan growth
Business 6 months ago

Bank Mandiri sees 30 percent profit dip in Q3 despite loan growth

State-owned Bank Mandiri, the country’s second-largest bank by asset value, saw its profit con...
Unilever profit falls as sales flatten in Q3
Business 6 months ago

Unilever profit falls as sales flatten in Q3

Unilever recorded a 1.29 percent year-on-year drop in net profit to Rp 5.44 trillion (US$370.3 ...
Tesla sets revenue record, makes profit thanks to pollution credit sales to rivals
Business 6 months ago

Tesla sets revenue record, makes profit thanks to pollution credit sales to rivals

Tesla revenue rose to a record $8.77 billion from $6.30 billion a year earlier. Analysts had expecte...
Samsung flags near-60% operating profit jump after Huawei boost
Business 7 months ago

Samsung flags near-60% operating profit jump after Huawei boost

The South Korean tech giant said in an earnings estimate that it expected operating profit to reach ...
Nike cheers return of pro sports as earnings top expectations
Business 7 months ago

Nike cheers return of pro sports as earnings top expectations

The sports giant, which suffered bruising losses in the prior quarter due to the coronavirus pandemi...
Garuda defers fleet renewal amid COVID-19 pressure on finances
Business 8 months ago

Garuda defers fleet renewal amid COVID-19 pressure on finances

National flag carrier Garuda Indonesia is not planning to buy any new aircraft this year as the COVI...
Property sector hardest hit by pandemic: Moody’s
Business 8 months ago

PREMIUM
Property sector hardest hit by pandemic: Moody’s

Property is expected to be the sector hardest hit by COVID-19, as the health crisis will continue to...
Zoom forecasts sales surge as video conferencing becomes a daily routine
Business 8 months ago

Zoom forecasts sales surge as video conferencing becomes a daily routine

Zoom Video Communications Inc raised its annual revenue forecast by more than 30 percent after ...
Chinese banks to post first first-half profit drop in over a decade amid pandemic pain
Business 8 months ago

Chinese banks to post first first-half profit drop in over a decade amid pandemic pain

Some of China’s largest banks are set to post their first drop in first-half profits since the...
WeWork gets new $1.1 billion commitment from SoftBank, cuts burn rate
Business 9 months ago

WeWork gets new $1.1 billion commitment from SoftBank, cuts burn rate

The owner of money-losing shared office provider WeWork told employees on Thursday it has slashed it...
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