Business

Ryanair net profits flatten in first half

Irish no-frills airline Ryanair said Monday that first-half net profit flattened on lower ticket prices, weak British demand, fierce competition elsewhere in Europe and a soaring fuel bill.

Business

Samsung Electronics third-quarter net profit slumps 52%

The world's largest smartphone and memory chip maker Samsung Electronics saw net profits slump by more than half in the third quarter, it said Thursday, hit by an enduring downturn in the global chip market.

Automotive

Volkswagen confident despite braking car market

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".

Business

Google falls short on third-quarter profit

Google parent company Alphabet reported mixed third-quarter results Monday, beating analyst expectations for revenue but falling short on profits. The stock fell more than 2% in after-hours trading.

Business

SK Hynix posts lowest profit in three years

The world's second-largest memory chip maker, South Korea's SK Hynix, posted its lowest quarterly profit in three years as it suffers from a long-running slump in the global chip market, it said Thursday.

Automotive

Daimler profits nose ahead in third quarter

German carmaker Daimler reported Thursday a return to quarterly profits in July-September after its first three-month loss in 10 years, but said more work was ahead as it confronts a slowing global market.

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Profit

Profit generally is the making of gain in business activity for the benefit of the owners of the business. The word comes from Latin meaning "to make progress," and is defined in two different ways, one for economics and one for accounting.

Profit may also refer to:

Profit is the surname of the following people:

This text uses material from Wikipedia, licensed under CC BY-SA