Japan’s Sharp Corp on Tuesday forecast its first annual operating profit in three years after it cut …
profit
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Industry & Trade
Sony’s quarterly profit drops as quake impact lingers
by Ghada Ismailby Ghada IsmailJapan’s Sony Corp on Tuesday reported a 48 percent drop in operating profit for the July-September quarter …
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Tech news
LG Electronics says third-quarter profit down 3.7 percent vs. year earlier
by Ghada Ismailby Ghada IsmailSouth Korea’s LG Electronics Inc said on Thursday its third-quarter operating profit fell 3.7 percent from a …
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Egypt News
Cabinet forms committee to set profit margins for Egypt’s essential goods
by Noha Gadby Noha GadEgypt’s Cabinet is set to form a new committee headed by Prime Minister Sherif Ismail to set …
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Barclays PLC posted a 32 percent y-o-y higher profits in Egypt during the first half of the …
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Egypt’s cable maker Elsewedy Electric (SWDY.CA) recorded a 109 percent y-o-y rise in profit during the first …
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Egypt’s Banque Du Caire recorded first half profits ranging between 700 and 800 million Egyptian pounds ($78.8 …
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Tech news
Lenovo Q1 profit jumps, driven by asset sale, but smartphone losses linger
by Ghada Ismailby Ghada IsmailChina’s Lenovo Group, the world’s biggest PC maker, said first-quarter profit jumped nearly two-thirds, helped by a …
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Banks
Faisal Islamic Bank: H1 profits 10% higher to 427 mln Egyptian pounds
by Yomna Yasserby Yomna YasserFaisal Islamic Bank of Egypt reported a year-on-year surge of 10 percent in profits throughout the first …
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Egyptian information technology firm Raya Holding (RAYA.CA) reported a 190 percent increase in second quarter net profit, …