profits

Latest news and articles about profits from NEX English

Rising Plastic Prices Threaten Small Business Profits in Indonesia

Indonesian Minister of Small and Medium Enterprises, Maman Abdulrahman, reported that small businesses are facing increasing pressure due to rising plastic prices. Despite this, they prefer to maintain their product prices amid growing complaints about the impact on profits.

Approve Profit Retention and Unveil Expansion Plans

The General Assembly of Fawry has decided not to distribute cash dividends to shareholders for the year 2025, opting instead to retain the remaining profits. Concurrently, the company announced ambitious expansion plans involving significant investments in infrastructure.

New Accounts Generate Huge Profits from US-Iran Ceasefire Bets

A number of new accounts on the Polymarket platform have made substantial profits from bets on a ceasefire agreement between the United States and Iran, just hours before President Trump announced it. These events have raised questions about the possibility of insider trading.

Chevron anticipates profit increase due to high oil prices

Chevron expects a significant rise in its exploration and production profits for the first quarter of the year, projected between <strong>1.6 and 2.2 billion dollars</strong>. This increase is driven by soaring oil and gas prices amid the Iranian conflict.

Expect record profits on Wall Street next year

Wall Street anticipates profits will reach their highest levels in four years, with Deutsche Bank suggesting that current forecasts may be conservative. This comes amid growing investor concerns about the market.

Fast Retailing Reports 29.4% Increase in Profits

Fast Retailing, the owner of the Uniqlo brand, announced a significant increase in quarterly profits by 29.4% in the second quarter of the year, ahead of global market impacts from crises in the Middle East.

Achieve Positive Financial Results in Third Quarter

The National Commercial Bank of Saudi Arabia announced strong financial results for the third quarter of the year, with a notable increase in profits compared to the same period last year. These results reflect the bank's robust performance amid current economic conditions.

Saudi Extra Reports 10% Profit Increase in Q1 2026

Saudi Arabia's United Electronics Company (Extra) recorded a 10% increase in profits during the first quarter of 2026, reaching **94.7 million Saudi Riyals**. This growth is attributed to rising revenues and improved profit margins.

Reveal vulnerabilities of data centers amid Iran war

Despite achieving billion-dollar profits, the recent war on Iran has exposed the fragility of artificial intelligence data centers, prompting companies to seek alternative solutions including nuclear and space technologies.

SK Hynix Shares Surge 15% Following Samsung's Strong Forecast

SK Hynix, the South Korean semiconductor manufacturer, saw its shares rise by 15% after Samsung Electronics announced positive quarterly earnings forecasts. This increase is attributed to the growing demand for artificial intelligence infrastructure.

LG Energy Reports Sharp Decline in Profits Due to Weak EV Support

LG Energy Solution Ltd. announced its preliminary financial results for the first quarter, revealing profits that fell short of analysts' expectations. This decline is attributed to weak support for electric vehicles in key markets like the United States, despite strong demand for energy storage systems.

Deutsche Bank's Distressed Products Group Doubles Profits

Deutsche Bank AG's Distressed Products Group in the U.S. reported a doubling of its net profits in the first quarter, driven partly by short bets on the debts of several software companies. This move reflects new strategies in financial risk management.

Samsung Reports Unprecedented Profit Surge Driven by AI Demand

Samsung Electronics announced its quarterly profit forecasts, expected to surpass last year's total profits, driven by increased demand for artificial intelligence chips. The projections indicate an operating profit of 57.2 trillion won.

Achieve profits of 585.3 million pounds in 2025

The company 'OB' announced that it achieved profits of <strong>585.3 million pounds</strong> in <strong>2025</strong>, reflecting strong market performance. These results showcase the company's successful strategies in facing economic challenges.

Samsung Reports Record Profits Driven by AI Chip Demand

Samsung Electronics has announced its expectations for record operating profits in the first quarter of the year, driven by increasing demand for artificial intelligence infrastructure. Profits are projected to reach <strong>57.2 trillion won</strong>, representing an increase of more than eight times compared to the same period last year.

Confirm: National Bank Case Does Not Affect Phosphate Profits

Jordanian Phosphate Company announced that the National Bank case will not impact its declared profits for this year or previous years. This statement comes as the company seeks to enhance its financial position amidst current economic challenges.

Approve 20% Profit Distribution from Sharjah Cooperative Assembly

The Sharjah Cooperative Assembly has approved a 20% profit distribution to shareholders, reflecting the cooperative's strong financial performance over the past year. This decision aims to enhance transparency and member engagement.

Meta Updates Enhance Media Outlets' Profits on Facebook

Meta has announced new updates aimed at enhancing content creators' benefits from advanced monetization tools on Facebook. This raises questions about how media organizations will leverage these changes to boost their revenues.

Record Profit Surge Driven by Dairy and Poultry Sectors

Almarai Company has reported a significant increase in its profits recently, driven by strong growth in the dairy and poultry sectors. These results reflect the company's successful strategies in enhancing its market position.

European nations call for tax on energy companies' profits

European countries have called for an extraordinary tax on the massive profits of energy companies to address the economic repercussions of the ongoing war in Ukraine. This initiative comes as many families and businesses struggle with rising energy costs.

European finance ministers call for tax on energy company profits

Finance ministers from five EU countries have called for a tax on the extraordinary profits of energy companies in response to rising fuel prices driven by regional conflicts. This request aims to provide support for citizens affected by the economic fallout.

European countries call for tax on major energy companies' profits

Five European countries have called for an extraordinary tax on the profits of major energy companies to address rising energy prices and their impact on consumers. This initiative comes amid sharp market fluctuations due to geopolitical crises.

EU Finance Ministers Call for Tax on Energy Company Profits

Five finance ministers from EU countries have called for a tax on the extraordinary profits of energy companies to address rising energy costs affecting citizens. This appeal comes as many European nations face the repercussions of the ongoing energy crisis.

Reed Hastings earns over $500 million from Netflix stock sales

Reed Hastings, co-founder of Netflix, has made profits exceeding <strong>$500 million</strong> since the end of 2024 by converting his options into common shares and selling them. This achievement highlights the company's success in the competitive streaming market.

Achieve notable growth in WOM Finance assets by 6.08% in 2025

WOM Finance announced a significant growth of 6.08% in total assets, reaching 7.37 trillion Indonesian Rupiah in 2025. The company also reported profits of 142.55 billion Rupiah, reflecting strong performance amid high market competitiveness.

Samsung anticipates record profits driven by chip price surge

Samsung Electronics is set to achieve a record operating profit of <strong>40.5 trillion won</strong> (approximately <strong>$26.9 billion</strong>) in the first quarter of the year, primarily due to rising memory chip prices fueled by advancements in artificial intelligence.

Samsung Reports Record Profits Driven by Chip Price Surge

Samsung Electronics is poised to announce a significant increase in its operating profits for the first quarter of 2023, driven by rising chip prices fueled by the AI boom. The company expects profits to reach <strong>40.5 trillion won</strong> (approximately <strong>$26.9 billion</strong>), reflecting a <strong>50%</strong> increase in revenue compared to last year.

Warnings of Price Wars Threaten Canadian Telecom Companies' Revenues

Shares of Canada's largest telecom companies saw a significant decline on Thursday, as analysts warned that price wars and slowing subscriber growth could negatively impact sales and profits.

Plan to Double Walgreens Profits Unveiled by Private Equity Firm

A private equity firm that acquired Walgreens for $10 billion plans to double the pharmacy chain's profits in the coming years. This initiative aims to enhance performance and improve services across the chain.

Confessions Reveal Huge Profits from Illegal Lending Operations

Tan King Wei, accused of illegal lending, confessed to financial misconduct after retracting his previous statement. Between 2004 and 2019, he reportedly earned up to <strong>one million dollars</strong>.