This was from a loss of ZiG1,34 billion in the comparative 2024 period. During the period, Econet recorded a net monetary adjustment of ZiG872 million compared to a prior year loss of ZiG2,16 billion.

That report revealed that the group reported a consolidated net loss of $1.15 billion for Q3 compared to a consolidated net profit of $1.30 billion in the prior period.

Great Lakes Dredge & Dock posted 300%+ net income growth in 2024, driven by strong execution, margin expansion, and a $1B+ high-margin backlog. Valuation remains compelling at 10.6x P/E and 8.0x ...

Reliance Infrastructure, led by Anil Ambani, has cleared its standalone debt to banks and financial institutions in FY25, marking a financial turnaround with a ₹4,938 crore annual profit and over 681 ...

Shree Renuka Sugars Ltd posted a Rs 93.1 crore net profit in Q4 2024-25, reversing a Rs 111 crore loss from the previous year. Reduced expenses contributed to the turnaround despite decreased income.

Despite these losses, Berkshire’s insurance segment earned an underwriting profit. The comparison versus the first quarter of 2024 was difficult, since there were no large losses during that period.

Italian carrier ITA Airways has edged into full-year operating profit with a surplus of €3 million ($3.4 million), a performance which it claims is ahead of schedule. While ITA also posted a net ...

Credit ratings agencies have painted a bleak picture for the hospital sector in 2024. 34 According to the S&P, negative outlooks for not-for-profit hospitals are proportionally at their highest in ...

In contrast with peers, CHS faced financial headwinds in 2024, with operating income falling to $542 million and a net loss of $362 million due to high interest expenses. Despite these challenges ...

MU Health Care posted a $45 million operating gain for the first half of fiscal year 2025, which started in July. Numbers shared by MU Health Care to the UM System's Board of Curators showed $1.09 ...

The profit of the first three quarters of FY25 added up to ₹7,432.55 crore, more than the full FY24’s figure. The merger allowed SFL to distribute the products that were sold separately earlier.

Tankers lift petrol from Dangote Refinery on September 15, 2024 in Lagos “This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which ...