South Korea starts 2026 with 11.3 trillion won surplus
SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax...
Tag : revenue growth
Air Arabia records 2025 profit, proposes 30 fils dividend
SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend...
PlayStation 5 drives Sony’s profit surge in December quarter
Sony has raised its full-year revenue and profit forecasts following a strong performance in the gaming sector during the December quarter. The Japanese technology giant...
Lego reports 13% revenue increase in first half of 2024
Lego announced a robust 13% revenue increase for the first half of 2024, reaching 31 billion Danish krone (approximately $4.65 billion), driven by popular lines...
Meta shares surge 20% after announcing first-ever dividend
Meta, the parent company of Facebook, experienced a staggering 20% surge in its stock value during Friday's trading session. This dramatic increase came on the...
Deutsche Bank to slash 3,500 jobs amidst $4.5 billion profit
In a surprising move, Deutsche Bank has declared its intention to cut 3,500 jobs as part of a broader strategy to trim costs by 2.5...
Bouroge announces 16.4 percent YoY revenue growth
In the first half of 2022, Borouge Plc, a petrochemical firm that produces innovative and differentiated polyolefin solutions, reported a 16.4% increase in revenue to...