Business
Samsung Electronics said Thursday its operating profit for the last quarter jumped 46% from a year earlier driven by increased sales of smartphones and televisions as its business continues to flourish amid the pandemic.
Apr 29, 2021
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4
Business
Samsung Electronics, the world's biggest smartphone and memory chip maker reported fourth-quarter net profits up by more than a quarter year-on-year Thursday, with coronavirus-driven working from home boosting demand for ...
Jan 28, 2021
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4
Business
Samsung Electronics forecast a 23-percent rise in second-quarter operating profit Tuesday, with strong demand for memory chips and displays overcoming the impact of the coronavirus pandemic on smartphone sales.
Jul 7, 2020
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4
Business
Toyota on Tuesday forecast a sharp drop in sales and operating profit over the coming year as the Japanese giant suffers from the "wide-ranging, significant and serious" fall-out from the coronavirus pandemic that has shredded ...
May 12, 2020
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6
Business
The world's biggest smartphone maker, Samsung Electronics, said Wednesday that net profits in the first quarter were only slightly impacted by the coronavirus pandemic but warned of further falls to come as demand is "significantly" ...
Apr 29, 2020
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3
Automotive
German car giant Daimler has reported a 78-percent drop in preliminary first-quarter operating profits to 617 million euros ($667 million), as the coronavirus wreaks havoc on production and sales.
Apr 23, 2020
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Business
Panasonic said on Monday its operating profit for the April-December period dropped 18 percent on lower sales in China but it left its full-year forecast intact despite the deadly coronavirus outbreak.
Feb 3, 2020
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3
Automotive
German auto giant Daimler warned Wednesday that its 2019 earnings could fall short of expectations due to massive new charges over diesel emissions cheating, further clouding the outlook for the vital car sector as a whole.
Jan 22, 2020
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2
Business
Japanese car giant Toyota on Thursday reported record net profit and sales for the first half, with cost-cutting efforts helping to boost its balance sheet.
Nov 7, 2019
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Automotive
German car giant Volkswagen said Wednesday it was confident of hitting financial targets despite a lower unit sales outlook, warning "vehicle markets will contract faster than previously anticipated in many regions".
Oct 30, 2019
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Accounting profit is the difference between price and the costs of bringing to market whatever it is that is accounted as an enterprise (whether by harvest, extraction, manufacture, or purchase) in terms of the component costs of delivered goods and/or services and any operating or other expenses.
A key difficulty in measuring profit is in defining costs. Pure economic monetary profits can be zero or negative even in competitive equilibrium when accounted monetized costs exceed monetized price.
This text uses material from Wikipedia, licensed under CC BY-SA
