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Islamic mortgage lender Tamweel said on Sunday that it had managed a return to profit in the third quarter of 2009, despite taking impairment charges, after three consecutive quarters of losses. Tamweel posted a third-quarter net profit of Dh10.3 million,...
Tags: Tamweel Back, net profit, United Arab Emirates, Dubai, Zayed bin Sultan Al Nahyan, Dubai Financial Market, Islamic banking, Tamweel, Business Finance, Persian Gulf, Securitization, Balance sheet, Automated external defibrillator, Cardiac electrophysiology
Coal distributor Lanna Resources has set a five-year, US$7.5-million (Bt249 million) plan to increase annual production from its existing mines to 6 million tonnes. The plan will be implemented next year. Business-development director Sihasak Arirachakaran...
Tags: Lanna Resources, Lanna Harita Indonesia, net profit, Sihasak Arirachakaran, million tonne, Thailand, Bangkok, Ethanol, Lanna, Coal, Ethanol fuel, Alternative propulsion, Biofuels, Business Finance, Environment
Demand for loan syndication for foreign investment projects is on the rise as Thai companies cash in on low interest rates, say executives of Kasikornbank and Krung Thai Bank. Both joined a US$200-million (Bt6.64 billion) three-year loan syndication...
Tags: TTA, Chandchutha Chandratat, Export-Import Bank of Thailand, loans syndication, net profit, Thailand, Bangkok, Kasikornbank, Debt, Business Finance
Shinginko Tokyo reported Friday an unconsolidated net profit of ¥1.07 billion for the April-September period, the first such profit since the Tokyo Metropolitan Government founded the bank in 2005. The fiscal 2009 first-half profit, compared with a year-earlier...
Tags: Japan, Tōkyō, Net profit, Business Finance, Insurance, Disaster Accident, Sompo Japan, Mitsui Sumitomo, Tokio Marine
Russell Tate said at the firm's annual general meeting on Friday. April 8, 2008. "I am very pleased to say that our performance to date in the current financial year and our expectations for the full year are in stark contrast to the disappointments of...
Tags: Macquarie Radio Network, Mr Tate, EBITDA, Australia, Melbourne, Earnings before interest taxes and depreciation, 2CH, Net profit, Dividend, Generally Accepted Accounting Principles, Earnings before interest taxes depreciation and amortization, Depreciation, Business Finance
They have been repaid just over $14 million, equating to a return of 37 cents in the dollar. Eight loans with a book value of $15.85 million have yet to be recovered, but a substantial portion of that is tied up in court cases. Perpetual Trust spokesman...
Tags: half profitability, net profitability, AM Mainfreight, profitability fall, mainfreight profitability, Mainfreight Ltd, New Zealand, Auckland, Cent, Mainfreight Limited, Transport in New Zealand, Earnings before interest taxes depreciation and amortization, Business Finance, New Zealand dollar, Fisher & Paykel Healthcare, Fisher & Paykel, Profit, Dividend, Revenue, Generally Accepted Accounting Principles, Net profit, ResMed, Health Medical Pharma
Several clients reduced ad budgets, due to the economic and political uncertainty," director Sumeth Damrongchaitham said yesterday. "We've lowered our forecast revenue this year, yet we believe we can maintain revenue similar to last year, but net income...
Tags: net profit, ad spend, GMM Grammy, Thailand, Bangkok, Net income, Gross profit margin, Advertising, Gross profit, Technology Internet, Generally Accepted Accounting Principles, Profit margin, Revenue, Business Finance, Entertainment Culture
The company in the first nine months showed a 15-per-cent increase in net profit to Bt141 million, from Bt123 million in the same period a year earlier. In the third quarter alone, its group net profit was Bt39.8 million, while domestic net profit was...
Tags: net profit, Malaysia, Asiasoft Corp, Kuala Lumpur
Nov 2009, 0215 hrs IST, Rajesh Naidu, ET Bureau Text: The print media appears to be coming out of the shadows of the economic slowdown which led to a sharp dip in advertising revenues during the second half of last fiscal. In the quarter to September...
Tags: net profit, HT Media, Jagran Prakashan, Deccan Chronicle Holdings, print media, english publications, newsprint cost, advertising revenues, newsprint price, India, Mumbai, Paper, Kingfisher Red, Newspaper, Journalism, Printing, Newsprint, Business Finance
Icap said Tuesday that its fiscal first-half net profit edged up 2% to 94 million pounds ($158 million) as revenue rose 6% to 809 million pounds. The group said underlying operating profit fell 24% as its margin shrank, driven by the early stage of some...
Tags: profitability edged, United Kingdom, London, Profit, Net profit, Generally Accepted Accounting Principles, ICAP, MarketWatch, Business Finance