News tagged with net profit

Japan's SoftBank prepares listing of mobile unit

Japanese telecoms giant SoftBank on Wednesday said it had begun preparing to list its mobile unit in a move reports said could raise up to $18 billion, making it one of the country's biggest ever initial public offerings.

dateFeb 07, 2018 in Business
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Volvo profits rev higher on record sales

Swedish truck maker Volvo said Wednesday that its net profit sped ahead by 60 percent rise in 2017, as strong global demand for heavy goods vehicles drove up sales to a new record.

dateJan 31, 2018 in Business
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Hyundai Motor 2017 net profit sinks 20.5%

South Korea's biggest automaker Hyundai saw profits slump last year, it said Thursday, as it was battered by tougher competition and Chinese retaliation over the deployment of a US missile system.

dateJan 25, 2018 in Business
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Novartis says profit up 15% in 2017

Swiss pharmaceuticals giant Novartis said Wednesday that strong sales of two of its main blockbuster drugs enabled it to turn in a "good operational performance" in 2017.

dateJan 24, 2018 in Business
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