Etiket: profit
Profit up for MTY Food Group
(Montreal) Franchisor and restaurant operator MTY Food Group reports first quarter 2022 net income attributable to owners of $16.6 million, or $0.68 per share on a diluted basis, compared to…
1st quarter | Samsung expects operating profit to rise 50.3%
(Seoul) South Korea’s Samsung Electronics expects first-quarter 2022 operating profit to rise 50.3 percent from the same period a year earlier, despite supply chain challenges, a he announced Thursday in…
Lululemon posts a 32% increase in profit for its 4th quarter
(Vancouver) Lululemon Athletica posted fourth-quarter profit up nearly 32% on Tuesday, capping a fiscal year that saw its annual revenue top the $6 billion mark for the first time. Posted…
Food | The delicate balance between profit and affordability
The big chains are often accused of abusing the situation when their profits increase at the same rate as food inflation. They shouldn’t be judged too quickly. Posted at 10:00…
4th quarter | MDA posts profit and revenue up 15%
(Brampton) MDA on Thursday posted a fourth-quarter profit of $600,000, which compares with a loss of $12.6 million for the same period a year earlier. Its revenues increased by 15%.…
Couche-Tard sees its revenues and profit climb in the 3rd quarter
Alimentation Couche-Tard posted third-quarter net profit on Tuesday up 22.9% from the same period last year, while its revenues jumped 41.2%. Posted at 6:28 p.m. The convenience store chain saw…
Aircraft maker Embraer posts fourth quarter profit
(Sao Paulo) The Brazilian aircraft manufacturer Embraer reported on Wednesday a net profit of 11.1 million reais (about 2.8 million CAN) in the 4and quarter, exceeding the losses recorded in…
Royal Bank profit climbs to $4.1 billion
The Royal Bank boss believes market volatility driven by geopolitical risks won’t be enough to derail upcoming interest rate hikes and the underlying strength of the economy. The statements made…
Stellantis rakes in a huge profit
(Paris) Stellantis recorded huge profits in 2021 for its first year of existence by multiplying synergies and increasing its prices, despite sales being hampered by the shortage of electronic chips.…
Third quarter | The SQDC posts a profit up 13.3%
(Montreal) The Quebec Cannabis Society posted Thursday a profit up 13.3% for its third quarter, during which its sales rose 10.0%. Posted at 5:05 p.m. The Crown corporation posted a…
Airbus makes the biggest profit in its history
(Paris) The historic crisis in global air transport caused by the pandemic does not stop the rise of Airbus: the European aircraft manufacturer returned to the green in 2021, making…
Barrick Gold posts a profit of more than two billion US dollars for 2021
(Toronto) Barrick Gold announced an increase in its quarterly dividend on Wednesday, as it posted lower earnings for fiscal 2021, compared to 2020. Posted at 1:05 p.m. The gold company…
Fourth quarter | Enbridge posts 3% profit increase
(Calgary) Enbridge posted fourth-quarter earnings on Friday up 3% from the same period a year earlier. Posted at 12:59 p.m. The pipeline operator said its profit attributable to common shareholders…
Telus doubles its profit thanks to the sale of certain activities
Telus doubled its fourth quarter profit from the same period a year earlier thanks to the sale of its financial solutions business. Posted at 10:58 a.m. The Vancouver company announced…
TotalEnergies announces a gigantic profit of 14 billion euros for 2021
These profits are the highest for at least fifteen years. Earnings group adjusted net is multiplied by 4.4 compared to 2020. Article written by Posted on 02/10/2022 09:59 Update on…
Fourth Quarter | Uber reports net profit instead of expected loss
(San Francisco) Markets were expecting more losses, but Uber posted net income of $892 million in the fourth quarter, a sign that profitability is no longer a pipe dream for…
TotalEnergies announces a gigantic profit of 14 billion euros for 2021
These profits are the highest for at least 15 years. Earnings group adjusted net is multiplied by 4.4 compared to 2020. Article written by Published on 02/10/2022 09:59 Reading time…
Snap earns a first quarterly profit, the action flies away
(New York) Snap, parent company of the social network Snapchat, recorded the first profitable quarter in its history at the end of 2021, and reports continued strong growth in its…
Imperial Oil returns to profit
(Calgary) Imperial Oil returned to profit in the fourth quarter, after seeing its results weighed down a year earlier by a billion-dollar non-cash charge. Posted at 11:08 a.m. The Calgary…
Tesla: record profit in 2021, but no Cybertruck before 2023
Tesla announced on Wednesday that it had recorded a record profit of US$5.5 billion in 2021. Its turnover exploded 71% to $53.82 billion, including no less than 65% in the…