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George Weston posts 4Q net profit

collected by :Victor Alphen

as declared in

George Weston Ltd. (WNGRF) on Friday announced fourth-quarter earnings of $29.9 million.
The Toronto-based Corporation told it had internet revenue of 17 cents per share.
For the year, the Corporation announced profit of $585.2 million, or $4.26 per share.
George Weston shares have fallen roughly seven % ever the beginning of the year.
Access a Zacks stock report on WNGRF at https://www.zacks.com/ap/WNGRF

Alibaba elect JD.com posts 1st annual profit as a public company

JD.com, the nearest e-commerce competitor to Alibaba in China, has announced its 1st year of profitability as a public company.
For its fiscal 2017, it posted a slim RMB 116.8 mn $18.0 mn profit on total income of RMB 362.3 bn ($55.7 billion).
The Corporation posted a RMB 909.2 mn (US$139.7 million) loss for Q4, however which marked a 28 % relief year-on-year.
While Alibaba has a higher profile — with enormously lucrative quarters — JD.com has quietly built out its e-commerce with expanding into financial services, offline retail & more.
It too lifted outside money for its financial services business & logistics unit to give them a further startup-like feel.


George Weston
George Weston


Argentina’s YPF posts 2017 profit of $627 mln compare 2016 loss

according to BUENOS AIRES, March two (Reuters) – Argentina’s state-owned oil Corporation YPF SA posted a full-year 2017 profit of 12.7 bn pesos ($627.16 million), the Corporation told on Friday, compared with a loss of 28.4 bn pesos in 2016.
In the 4th quarter of 2017, the Corporation posted a twelve billion-peso profit, compared with a 1.8 bn peso-profit in the same period the prior year & a 246 mn peso-profit in the 3rd quarter.
($1 = 20.2500 Argentine pesos) (Reporting with Luc Cohen)

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