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Handelsbanken net profit up as U.K. push continues

2015-07-21 09:29:01| Appliances - Topix.net

Swedish lender Svenska Handelsbanken AB Tuesday said it continued its expansion in the U.K. during the second quarter as it posted a small rise in net profit, helped by higher business volumes and lower funding costs. Net profit at the Stockholm-based bank was 4.17 billion Swedish kronor in the three months ended June 30, up from SEK4.03 billion in the comparative period last year.

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Nordea net profit rises in second quarter

2015-07-16 09:08:45| Appliances - Topix.net

Nordea Bank AB , the Nordic region's biggest bank, Thursday said the Greek uncertainty had clouded visibility and made its corporate and institutional customers more cautious in the quarter, as it reported a larger-than-expected 39% rise in second quarter net profit. Net profit at the Stockholm-based bank rose to 952 million euros in the second quarter, from EUR686 million in the same period a year earlier when a restructuring charge of 190 million euros weighed on the result.

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Telkom Group net profit falls 19.5% to ZAR 2.9 bln

2015-06-09 11:09:00| Telecompaper Headlines

(Telecompaper) Telkom Group reported a 19.5 percent decline in its net profit to ZAR 2.9 billion for the financial year ended 31 March from ZAR 3.6 billion a year earlier. Its number of ADSL internet lines surpassed 1 million but that its total number of fixed lines fell 4.9 percent during the period from 3.62 million to 3.439 million. Net revenue increased 3.1 percent to ZAR26 billion and EBITDA rose 15.1 percent to ZAR 9 billion.

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Ooredoo net profit plummets, but customers increase

2015-05-13 02:00:00| Total Telecom industry news

Qatar-based telco posts strong customer growth in Indonesia, Myanmar; blames forex issues for weak bottom line.

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Siemens net profit surges, driven by asset sale

2015-05-07 08:48:07| Industrial Machines - Topix.net

German engineering giant Siemens AG reported a surge in net profit for the second quarter of 2015, driven largely by gains it booked from the sale of its stake in a household appliances joint venture with Robert Bosch GmbH and the disposal of its hearing aid unit and hospital information business. Net profit for the period ended March 31 was EUR3.89 billion compared with EUR1.12 billion during the same period last year, beating analysts' expectations.

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