Sunday 19 November 2017
 
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Q3 profit

Samsung posts record $12.9bn third quarter profit

Samsung Electronics has posted a record operating profit of 14.53 trillion won ($12.91 billion) for the third quarter (Q3) of the year, marking an increase of 9.33 trillion won over the same period during 2016. Samsung’s rev

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Samsung posts record $12.9bn third quarter profit

Samsung Electronics has posted a record operating profit of 14.53 trillion won ($12.91 billion) for the third quarter (Q3) of the year, marking an increase of 9.33 trillion won over the same period during 2016. Samsung’s rev

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QInvest Q3 profit up one-third to $33.8m

QInvest, a leading investment group in Qatar, posted a net profit of $33.8 million in the third quarter of the year, marking an increase of 69 per cent compared to $20 million in the third quarter of 2014 The bank generated revenu

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Emaar Properties Q3 net profit rises 31pc

Dubai's Emaar Properties, builder of the world's tallest tower, reported a 31 per cent rise in third-quarter net profit on Sunday. The developer, in which Dubai's government owns a minority stake, made a net profit of

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Samsung Q3 profit up 82pc but warns of weaker Q4

Tech giant Samsung Electronics on Thursday reported its first on-year profit growth in two years but warned fourth-quarter earnings will fall sequentially due to exchange rate conditions and seasonally weaker components sales. The

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Dubai Investments Q3 profit jumps 30pc

Dubai Investments (DI), a diversified investment conglomerate, has posted a jump in net profits by 30 per cent to Dh246 million ($67 million) for the third quarter (Q3) of the year, compared to Dh189 million for the same period in 2014.

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Zain Bahrain Q3 profit up 91pc as costs dip

Mobile operator Zain Bahrain reported a 91 per cent rise in third-quarter net profit on Monday as it attracted more data customers and it cut costs. The company, majority-owned by Kuwait's Zain, made a profit of BD1.34 million

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NBK Q3 profit down 16pc despite revenue rise

National Bank of Kuwait (NBK), the Gulf Arab state's largest commercial lender, reported a 15.6 per cent drop in third-quarter net profit on Wednesday, missing analysts' expectations despite an increase in revenue. It gave

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Ezz Q3 net profit seen down 97pc

Ezz Steel, Egypt's largest steel producer, is expected to post a 97 per cent fall in third quarter net profit to EGP14.2 million ($2.6 million). Two analysts out of five polled by Reuters predicted a net loss for the company. "Ezz

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SAIB Q3 net profit triples

Saudi Investment Bank (SAIB), which received two rating downgrades in June, said its net profit more than tripled during the third quarter despite a drop in net operating income. The lender said it made SR203 million ($54 million) in the t

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