financial results

Asahi Super Dry drives international growth amid cost setbacks at new Japan brewery

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Asahi Super Dry drives international growth amid cost setbacks at new Japan brewery

Asahi recently announced its FY2023 nine-month financial results ending September 2023, reporting 6.1% growth in revenue year-on-year to JPY2.02tn (US$13.3bn) and 8.6% growth in core operating profit year-on-year to JPY199.6bn (US$1.32bn). A substantial part of this was attributed to pricing increases, according to Asahi President and CEO Atsushi Katsuki. “The steady growth in our revenue … Read more

IGI publishes latest earnings report

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IGI publishes latest earnings report

IGI publishes latest earnings report | Insurance Business America Insurance News IGI publishes latest earnings report CEO calls interim results “excellent” despite decrease in net income Insurance News By Terry Gangcuangco Specialist commercial insurance and reinsurance group International General Insurance Holdings (IGI) has published its financial results for the quarter and nine months ended September … Read more

Netflix hikes prices again | CNN Business

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Netflix hikes prices again | CNN Business

Los Angeles CNN  —  Netflix has raised its prices again. The streaming giant said in its third-quarter earnings report that its premium ad-free plan in the United States will increase by $3 per month, to $22.99, starting Wednesday. Its one-stream basic plan will rise to $11.99 in the United States. All other plans, including its … Read more

Tesla third-quarter earnings slow, missing forecasts

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Tesla third-quarter earnings slow, missing forecasts

New York CNN  —  Tesla reported a drop in third-quarter earnings as the electric vehicle maker fell short of Wall Street expectations. Tesla reported adjusted earnings of $2.3 billion in the quarter, or 66 cents a share, down 37% from a year earlier and the smallest profits it reported in two years. Analysts surveyed by … Read more

Donald Trump liable for fraud and Trump Organization’s business certification canceled, New York judge rules

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Donald Trump liable for fraud and Trump Organization’s business certification canceled, New York judge rules

CNN  —  A New York judge has found Donald Trump and his adult sons liable for fraud and canceled the Trump Organization’s business certification, saying the Trumps provided false financial statements for roughly a decade. Judge Arthur Engoron’s ruling came days before the civil case involving the New York attorney general’s office and the former … Read more

Fidelis Insurance Group releases first earnings report as a public firm

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Fidelis Insurance Group releases first earnings report as a public firm

Fidelis Insurance Group releases first earnings report as a public firm | Insurance Business America Insurance News Fidelis Insurance Group releases first earnings report as a public firm Net income takes massive jump in second quarter and first half Insurance News By Terry Gangcuangco Fidelis Insurance Group, whose initial public offering completed on the New … Read more

Ferragamo sales fall 7.2% on Asia, North American declines

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Ferragamo sales fall 7.2% on Asia, North American declines

To receive the Vogue Business newsletter, sign up here. Ferragamo’s revenue dropped 7.2 per cent year-on-year to €600 million in the first half of 2023, ended 30 June 2023, the company said Thursday, caused by slow recovery in travel retail and double-digit sales declines in North America and Asia Pacific. Net sales in APAC were … Read more

Atlantica Reports Q2 2023 Financial Results

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Atlantica Reports Q2 2023 Financial Results

Atlantica Reports Second Quarter 2023 Financial Results Revenue for the first half of 2023 reached $554.6 million, a 1.4% increase year-over-year on a comparable basis1 and a 0.1% decrease year-over-year. Adjusted EBITDA was $403.8 million for the first half of 2023, a 1.9% increase year-over-year on a comparable basis1 and a 0.4% increase year-over-year. Net … Read more