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SBS Bank has continued to perform well while many banks around the world have been impacted by the severe economic recession. The underlying operating surplus of $22 million is in line with that achieved in 2008 and the net surplus after tax and after...
Tags: sbs banks, SBS Bank, net profit, annual net
Toyota Motor, the world's largest automaker, announced Friday an annual net loss of 436.9 billion yen (4.4 billion dollars), its first ever, and warned it would fall deeper into the red this year. Toyota president Katsuaki Watanabe blamed "the significant...
Tags: Toyota Motor Corp., Toyota Motor Corporation, annual losses, net losses, annual net, billions yen
QBE Insurance Group, Australia's top insurer by premium income, posted a 3.5% drop in full-year net profit, dented by a large number of claims, but said it was well placed to consider acquisitions. QBE spent $2.7 billion on acquisitions last year, reducing...
Tags: QBE Insurance Group, GPT Group, net profits, annual net, qbe profits, net loss, cash items, asset sale
Abano Healthcare’s retention of long-term public health contracts is helping it weather the economic storm, even as private surgeries and other luxury appointments shrink. At today’s annual meeting chairwoman Alison Paterson offered her projections for...
Tags: Abano Healthcare Group, PM Abano Healthcare, net profit, record annual, Alison Paterson, profit growth, annual net, annual meeting
The bancassurance group yesterday became the third major financial institution in a week to put out a profit warning that spooked the sharemarket. Like National Australia Bank and ANZ Bank before it, Suncorp's share price was smashed by the disclosure...
Tags: Suncorp Metway, net profit, National Australia Bank, annual net, global credit, severe weather, credit crunch