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Tag Archives: net

China banks’ net forex sales stood at 56 billion U.S. dollars

Chinese banks sold a net $14.9 billion of foreign exchange in April, up from $11.6 billion a month earlier, the country’s forex regulator said Wednesday. Pressure to move money out of China has eased recently, helped by a weaker U.S. dollar and tighter capital controls. The volume of offshore financing …

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Singapore Airlines Group reported a $360 million net profit

KOLKATA: Graphite India reported a 117 per cent jump in its net profit at Rs 62 crore for the fourth-quarter (Q4) ended March 31, 2017, compared to Rs 28.6 crore profit posted in the corresponding period previous fiscal. “We expect the domestic steel industry to remain robust with strong government …

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Shares of Petronas Chemicals were down 1.5% at $1.64

The chemical-processing arm of Malaysia’s national oil company Petronas, said net profit for the first quarter surged on strong revenue. Revenue jumped 49% to MYR4.7 billion during the quarter from MYR3.1 billion, Petronas Chemicals said. Shares of Petronas Chemicals were down 1.5% at MYR7.12 ($1.64) before the earnings release. The …

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ICICI Bank reported a 188 per cent jump in net profit

Of the NPA additions during the quarter, Rs 5,378 crore ($829 million) was due to one account in the cement sector. NEW DELHI: Top private lender ICICI Bank on Wednesday reported a 188 per cent or three-fold year-on-year jump in net profit at Rs 2,025 crore for the March quarter.Analysts …

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Swedbank AB posted a rise in net profit for the first quarter

Get instant notifications from Economic Times Allow Not now You can switch off notifications anytime using browser settings. Never miss a great news story! The bank said its net profit for the three months ending March 31 totaled 5.12 billion Swedish kronor ($577.2 million), compared with SEK4.31 billion for the …

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