Browsing Tag
‘Profits
6 posts
Flat profits for VolkerWessels
VolkerRail contributed £162m to group revenueResults filed by VolkerWessels UK Limited for the year to 31st December 2023 show revenue up 6% at £1,433m (2022: £1,349m). Pre-tax profit was up 2% at £38.6m (2022: 37.7m). The value of the forward secured order book was down 22% at year-end to £1,343m (2022: £1,732m). Net assets at
All good, says Tarmac, as profits shrink
For the year ended 31st December 2022 Tarmac Trading Limited made a pre-tax profit of £125.9m (2021: £263.1m) on turnover up 10% at £1,994m (2021: £1,810m). Operating profit was down 32% to £52.0m (2021: £76.4m). “The decrease in underlying operating profit is primarily a result of the impairment reversals in the prior year results, not
Samsung’s profits drop by 95% yet again as smartphone demand keeps falling
Samsung has been struggling over the past few months, and in Q2 2023, the company faced a 95% drop in profits for the second quarter in a row. In its Q2 2023 financial results, Samsung confirmed that profits dropped by 95%. This happened previously in Q1, which saw the same 95% drop year-over-year. Operating profit
Bank profits fall to lowest level in 18 months
Navigation for News Categories ANZ remains New Zealand's biggest bank with more than $189 billion in assets, with Westpac second, followed by ASB and the BNZ. Photo: RNZ Bank profits have fallen to their lowest level in 18 months as they put more aside for possible bad debts and lending growth stalled, denting margins. KPMG's
Activity, profits dip as gloom continues to swirl within business sector
Navigation for News Categories A majority of businesses expect the economy to get worse in 2023, a new survey shows. Photo: 123rf.com The Institute of Economic Research's latest survey shows business sentiment has continued to deteriorate to the weakest level in the survey's history. The latest NZIER Quarterly Survey of Business Opinion (QSBO) conducted between
‘Profits before people’: Whistleblower reveals Facebook’s ‘devastating truth’
A former Facebook employee has slammed social media giant Facebook – claiming the company is knowingly damaging young users’ mental health.Former Facebook product manager Frances Haugen is calling on US lawmakers to increase regulations around the social media giant.The whistleblower told a Congressional hearing the company is knowingly damaging young users’ mental health by systematically…