By Najat Kantouar Fuller Smith & Turner, the U.K. pubs-and-hotels business, has announced a rise in pretax profit for the first half of fiscal 2024 despite high inflation. The company also revealed plans to buy back an additional one million A shares. According to the latest financial statement released on Wednesday, pretax profit for the six months ended September 30 … [Read more...] about Fuller Smith & Turner Reports Strong Profits and Plans Buyback
Profits
Nintendo Reports Rise in Profits
Nintendo has announced a significant increase in its first-half net profit, leading the company to raise its fiscal-year earnings forecasts. The rise in profit can be attributed to the success of a Super Mario film, as well as stronger sales of the Switch console and software. Impressive Financial Results For the six months ended September 30, Nintendo's net profit rose by 18% … [Read more...] about Nintendo Reports Rise in Profits
Semiconductor Manufacturing International Corp. Sees Declining Profits and Margins
Hong Kong-listed shares of Semiconductor Manufacturing International Corp. (SMIC) fell in morning trade as the chip maker reported a decline in profits and margins amid sluggish demand. The company's Shanghai-listed shares also experienced a significant drop. Share Declines The chip maker's Hong Kong-listed shares declined by 6.6% early on Friday, ultimately falling 4.1% to … [Read more...] about Semiconductor Manufacturing International Corp. Sees Declining Profits and Margins
T-Mobile Shares Slip After Mixed Q2 Results
T-Mobile shares are taking a hit as the mobile carrier announces its second-quarter results. While profits exceeded expectations, revenue fell short. Q2 Numbers T-Mobile reported revenue of $19.2 billion for the June quarter, a 2.6% decrease compared to the same period last year. Although slightly below the Wall Street consensus forecast of $19.3 billion, the company's profits … [Read more...] about T-Mobile Shares Slip After Mixed Q2 Results
