Business
Japanese entertainment giant Sony on Tuesday reported a fall in first-quarter net profit due to one-off factors, with operating profit up thanks to strong demand for its image sensors.
Jul 30, 2019
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1
Business
Airbus said Tuesday that its net profit in the first half year fell 46 percent to 825 million euros ($890 million), dragged down by a massive writedown in its space operations.
Jul 30, 2024
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0
Automotive
Ford shares tumbled Wednesday after the automaker reported lower than expected profits on higher costs connected to product launches and warranty repairs for older model vehicles.
Jul 25, 2024
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1
Business
German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.
Apr 15, 2024
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11
Automotive
French automaker Renault on Wednesday said it had bounced back into profit in 2023 as sales rose due to new models and price increases that helped it attain a record margin.
Feb 14, 2024
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0
Business
Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.
Jan 23, 2024
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3
Business
Swedish music streaming giant Spotify said Monday it will cut some 200 positions, equalling two percent of its workforce, as it slims down its internal podcast operations.
Jun 5, 2023
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5
Automotive
Ford reported solid quarterly profits Tuesday behind higher vehicle volumes and an improved operating performance, but said vehicle pricing was becoming less favorable compared with last year.
May 3, 2023
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35
Automotive
French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.
Feb 16, 2023
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15
Business
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact the online retail giant had "hired rapidly" during the pandemic.
Jan 5, 2023
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31
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
