BRAC Bank achieves 73pc growth
BRAC Bank achieved a 73 per cent year-on-year growth in its Net Profit After-Tax on a consolidated basis for 2024 amid challenging market conditions...
Tags : profit
NGOs falling into debt trap
NON-GOVERNMENTAL organisations, once defined by a spirit of solidarity and service, are undergoing a quiet transformation. What began as a sector rooted in volunteerism and rights-based development is now becoming increasingly entangled in financial markets. Many NGOs, particularly in the Global South, are shifting from grant-based programming to...
Qatar Airways posts record $2b annual profit
Qatar Airways posted a 28 per cent jump in annual net profit to a record $2.15 billion on Monday, days after sealing a major Boeing deal during US president Donald Trump鈥檚 visit...
Honda forecasts 70pc net profit drop
Japan鈥檚 Honda Motor on Tuesday forecast a 70 per cent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto industry...
IDLC posts Tk 368m profit
IDLC Finance PLC closed Q1 2025 with exceptional growth, recording a standalone net profit after tax of Tk 368 million, up 25 per cent from the same period of the last year...
Saudi Aramco net profits drop by 4.6pc in Q1
Oil giant Saudi Aramco on Sunday reported a drop of 4.6 per cent in its first-quarter net profits as lower sales and higher operating costs hit the lynchpin of the kingdom鈥檚 ambitious economic reform plans...
HSBC reports $9.5b pre-tax profit in Q1
The pre-tax profit represented a $3.2 billion decrease from the same period last year, with the firm attributing the drop mainly to disposals of its business in Canada and Argentina, a statement said...
Profiteers hurt handloom industry: Bashir
Textiles and jute adviser Sk Bashir Uddin on Wednesday said that some profit-mongers hampered the normal pace of country鈥檚 handloom industry misusing the government facilities given to this industry for its development...
Ex-GP workers protest at not getting profit share
A section of Grameenphone鈥檚 former employees gathered in front of the telecom operator鈥檚 head office on Tuesday, demanding collection of a 5-per cent share of the company鈥檚 profits and delay penalties...
Nokia posts 89pc net profit in 2024
Finnish telecommunications equipment giant Nokia reported on Thursday an 89 per cent rise in net profit for 2024, with sales surging in the final three months of the year...
Shell annual profit drops
British energy giant Shell on Thursday announced a 17-per cent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs...
Walton records Tk 304cr net profit in July-Dec
Walton Hi-Tech Industries PLC has recorded Tk 304.47 crore net profit during the first half or July-December period of 2024 of the 2024-25 financial year, said a press release...
Karmasangsthan Bank鈥檚 default loan decreases
Karmasangsthan Bank鈥檚 NPL ratio has stood at 3.68 per cent and there is no provisioning deficit in 2024 when loan disbursement, loan recovery and profit earning increased from the previous year...
Sonali Bank earns record Tk聽5,634 cr operating profit
Sonali Bank PLC achieved a record operating profit of Tk聽5,634 crore in 2024, which is Tk聽1,788 crore higher than the Tk聽3,846 crore reported in 2023...
AL crony keeps raking in abnormal profit
One of the Awami League cronies, who made it to the recently published White Paper on economy for raking in abnormal profit, continues to do so with its business monopoly as a commercial independent power producer, while paying less for years for the gas it uses in its plants.
ExxonMobil profits dip as it gives back almost $10b to investors
ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong enough to enable nearly $10 billion in shareholder distributions...
Shipping giant Maersk records sixfold profit rise
Danish shipping giant Maersk said Thursday that profits in the third quarter were six times higher than the same period last year as it maintains high prices to get trade through conflict zones...
FBCCI chief urges business community to make logical profit
The administrator of Federation of Bangladesh Chambers of Commerce and Industry, Md Hafizur Rahman, on Thursday urged the business community to make logical profit for keeping stable the country鈥檚 commodity market.
BB profit surges to Tk 15,100cr amid higher lending
The Bangladesh Bank鈥檚 net profit for the 2023-24 financial year rose to Tk 15,100 crore after operational expenses, driven by higher gains from lending and dollar sales...
HSBC posts $21.6b pre-tax profit in first half 2024
Banking giant HSBC said Wednesday that pre-tax profits in the first half of 2024 came in at $21.6 billion, slightly lower than last year鈥檚 record performance...
TSMC Q2 net profit jumps on Gen AI demand
Taiwan chip giant TSMC said Thursday net profit jumped by more than a third in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products...
Grameen America to invest $40 billion for underserved women of USA
Grameen America, the fastest-growing nonprofit microfinance organisation in the United States of America, plans to invest $40 billion of loan capital in underserved women entrepreneurs by 2033, according to a press release...
Nissan cuts sales, profit forecasts
Japanese auto giant Nissan said Friday it had lowered its sales and profit forecasts for the聽fiscal year that ended on March 31, citing higher costs...