BMW, which has the BMW, Mini and Rolls-Royce brands, posted first-half profits of 13,232 million euros, up 73.6% compared to the same period in 2021, the German automaker announced Wednesday. In a statement, BMW said that the group's turnover rose in the first...
BP closes second quarter with $8.45 billion profit, highest in 14 years
BP announced the highest profits in 14 years and increases dividends for shareholders. The British oil company reached profits of 8.45 billion dollars in the second quarter, the highest figure in 14 years, benefiting from higher refining margins and the rise in the oil price. The conflict in the...
Samsung with profits of 8.32 billion euros in the second quarter
South Korean tech company Samsung Electronics today announced net profits of 11.1 billion won (€8.32 billion) between April and June, an increase of 15.3% year-on-year. Samsung, based in Suwon, south of Seoul, achieved EBITDA (earnings before interest, taxes,...
Mercedes-Benz profits rise 3% to 6,784 million in 1st half
German automaker Mercedes-Benz today reported that turnover increased in the first half of the year to €71,298 million (+6%) and operating profit to €9,851 million (+9%). Mercedes-Benz posted net profits of €6,784 million in the first half, up 3% from a year ago, thanks to...
Coca-Cola profit falls 41TP2Q to $4,686 million in first half
Coca-Cola revealed Tuesday that it posted a profit of $4,686 million in the first half of this year, down 4% from the same period last year. The multinational's turnover, however, continued to increase in the same period to $21,816 million, that is, up $14% year-on-year, read...
Twitter posts $270 million loss in Q2
Twitter had a loss of 270 million dollars in the second quarter, but made a profit of 243.3 million dollars in the first half, up 82% compared to the same period in 2021. According to an announcement today by the North American technology company quoted by Lusaa, its turnover between January and June was 2,377.6 million dollars,...
Oxfam Says Profits of Millionaires Can Solve East Africa's Hunger Crisis
The profits made by food billionaires in two weeks would be enough to address "the hunger crisis" in the East African region, according to a statement from humanitarian organization Oxfam released today. The non-governmental organization said the food crisis in East African countries - where millions of people are facing an "alarming" situation of hunger and...
Chinese industry profits up 3.51TP2Q between January and April
The profits of China's major industrial companies rose 3.5% year-on-year in the first four months of the year, after registering a significant slowdown in April due to pandemic prevention measures. According to official data released today by the Chinese National Bureau of Statistics cited by Lusa, the growth rate for...
Galp reports first quarter profits of 155 million, below estimates
Galp Energia reported a net profit of 155 million euros in the first quarter of 2021. The numbers, sent this morning, before the market opened, to the Portuguese Securities Market Commission (CMVM), reflect the escalation that oil in world markets, accentuated with the military invasion of Ukraine. According to the...
Chevron reaches profits of USD 6,259M Q1
US oil company Chevron announced Friday a net profit of $6,259 million (€5,943 million) in the first quarter, up 355% from the same period a year earlier. The company had revenues of $54,373 million, almost 70% more than the level recorded a year ago, according...