profit

EU banks at risk from bad loans, low profit: regulator

LONDON: The greatest risks facing European Union banks are high levels of bad loans and… Read More

Apple’s holiday surprise: big sales, not so big profits

Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast… Read More

Punjab warns federal govt over non-payment of hydel profit arrears

LAHORE: Punjab government has demanded of the federal government of arrears of net hydel profit… Read More

Pakistan reaps $2.6 mn profit from Twenty20 league

LAHORE: Pakistani cricket officials announced Tuesday an overall profit of $2.6 million from the country's… Read More

Sindh demands share in LNG import profit

KARACHI: The Government of Sindh on Wednesday demanded its share in the profit from the… Read More

Facebook quarterly profit doubles as user base reaches 1.6 billion

SAN FRANCISCO: Facebook quarterly profit more than doubled as its ranks swelled during the past… Read More

LinkedIn profit beats as hiring services, ads revenue jumps

CALIFORNIA: LinkedIn Corp's quarterly revenue and profit handily beat analysts' estimates as the world's biggest… Read More

Pakistan’s leading MNC records 20% hike in profit

KARACHI: Pakistan's leading multinational corporation (MNC) concentrating on food and beverage products had their net… Read More

Honda cuts profit target as Takata air bag recalls bite

TOKYO: Japan's Honda Motor Co sliced 6.5 percent off its core annual profit forecast as… Read More

Amazon surprises with $214 mln quarterly profit

NEW YORK: Amazon surprised the market Thursday with a quarterly profit far better than anticipated… Read More

Google quarterly profit up 41%

SAN FRANCISCO: Google on Thursday reported that its profit in the recently ended quarter jumped,… Read More

Samsung posts first annual profit decline in three years

SEOUL: Samsung Electronics, the world's largest smartphone maker, posted its first drop in annual net… Read More

'2014 proved profitable for Facebook'

SAN FRANCISCO: Facebook on Wednesday reported that its quarterly profit jumped 33.8 percent from last… Read More

Japan's Nintendo says Apr-Dec net profit surges six-fold to $504 mn

TOKYO: Japanese videogame giant Nintendo said Wednesday its April-December net profit soared six-fold to $504… Read More

iPhone sales take Apple profit to new height

SAN FRANCISCO: Apple's quarterly profit soared to a record $18 billion on the back of… Read More

Airbus to sue Skymark in UK court over canceled A380 contract

TOKYO: European aircraft maker Airbus Group NV is suing Skymark Airlines Inc in Britain, escalating a half-year spat… Read More

Lufthansa pilot strike extends to long-haul, cargo flights

FARNKFURT: Pilots at Lufthansa started a second day of walkouts on Tuesday, grounding long-haul and… Read More

Toyota says on track for record full-year profit

TOKYO: Toyota on Wednesday said it was on track to book a record $17.5 billion… Read More

Samsung posts 48.8% drop in net profit

SEOUL: Samsung Electronics said Thursday its third-quarter net profit plunged nearly 50 percent from a… Read More

Facebook quarterly profit leaps as use grows

SAN FRANCISCO: Facebook on Tuesday reported that its quarterly profit nearly doubled as the world's… Read More