Sentences with phrase «financial year despite»

He also said things would not be much different as far as underwriting losses are concerned in the next financial year despite the rise in the premium.

Revenue at the firm also grew by 13 % in the last financial year despite the market uncertainties caused by Brexit

Power generator Pacific Energy has reported a 1 per cent fall in profit over the last financial year despite record earnings from its Kalgoorlie Power Systems and hydro - electric businesses.

WESTERN Australia's hotels increased their total earnings by 20 per cent in the past financial year despite low occupancy rates.

Not exact matches

Despite fears about China's financial stability, UBS is positive on Chinese financials this year, its head of China strategy explained Tuesday.

GR Engineering Services has recorded a reduction in net profit after tax despite substantially higher revenues during the first half of the financial year.

The Chicago Fed's financial conditions index hasn't been this low since 1994, and the government's benchmark 10 - year yield actually has edged lower this year despite the Fed's tightening.

Local miner Sandfire Resources has delivered its first - ever fully franked dividend to shareholders, despite an 11.7 per cent slide in net profit to $ 69 million for the financial year.

Telecommunications company Norwood Systems says it still has enough funds to meet its development objectives for the coming financial year, despite failing to raise a minimum $ 1 million in a priority offer which it had previously said would be needed to fund those goals.

Despite a mixed Friday jobs report — the US economy added only 156,000 jobs against expectations of 175,000 — the labor market has come on strong over the past few years after the financial crisis.

Bitcoin trader Digital CC has claimed a profitable entry into the computer - generated currency sector, highlighting a $ 630,146 profit for three and a half months of business, despite the vehicle through which it conducted a backdoor listing recording an $ 11.8 million loss for the financial year.

Welshpool - based Maca has posted a slight fall in profit for the financial year but increased revenue by 1 per cent, despite it being a tough time for contractors and mining services companies in the current market.

Global Construction Services has continued to withhold declaring a dividend despite reporting a 7.1 per cent rise in net profit to $ 8.7 million for the 2015 financial year, but says it hopes to deliver a payout next year.

Local IT firm Empired has decided against declaring a dividend payout to its shareholders, despite reporting a 135 per cent surge in net profit for the 2015 financial year.

Navitas chief executive Rod Jones says he has been impressed by the company's ability to retain earnings despite the closure of two university joint ventures in Australia, with the education provider growing net profit and maintaining guidance for the 2017 financial year.

The Fund said China still hasn't addressed the underlying causes of the ongoing expansion in government and corporate debt, despite measures to bolster financial stability this year.

Despite more than paying for itself — by its own reckoning, Ex-Im Bank has returned $ 7 billion to the U.S. Treasury in the last two decades through interest on guaranteed loans and credit insurance — the 80 - year - old government - run financial institution is a sunset agency.

Indeed, despite his critics, the U.S. Treasury secretary was lauded late last year as one of the key architects of the global financial sector's apparent recovery.

Despite acrimonious relations between Russia and the United States in recent years, experts on cyber security in both countries say their law enforcement agencies and private firms had been working together more closely behind the scenes to fight financial fraud and other crimes committed online.

Corporations across the Western world shed jobs with abandon following the financial crisis, and they have been slow to rehire, despite the fact that economic conditions have been improving for several years now.

Despite that, financial institutions made over $ 152 billion in profit in 2014 — the most profitable year on record, and three of the four largest financial institutions are 80 percent bigger today than they were before we bailed them out.

Despite recording a net loss... 2013 was a year of significant improvement for AK Steel in terms of its financial performance, employee safety, product quality, improved shipments to the automotive market.»

Bank chiefs» average pay in the US and Europe leapt 36 percent last year to $ 9.7 million, according to data compiled for the Financial Times, despite variable performance across the sector.

While consumer sentiment and Americans» confidence in their own financial situation has trended up for the past seven years, people are less confident in the US economy, overall, despite the US economy reaching unprecedented heights.

Equities really have had the best of all worlds these past few years, with earnings growth in the double digits and financial conditions remaining very accommodative, despite the recent rise in both short - and long - term interest rates.1 The combination of rising earnings growth and benign financial conditions is a powerful set of tailwinds which usually drives stock valuations higher.

Together, those developments underscore that even as Europe's debt turmoil enters its third year, no clear solutions are yet in sight — despite recent signs that a new lending program by the European Central Bank might be easing financial market pressures.

This 64 - year - old lives a Spartan life, and despite $ 1 million in financial assets, fears running out of money

thanks, and yes, a pittance of a pension and regular checkups keep us on budget and head off any problems — best decision i ever made (financial or otherwise) was serving our country doing search - and - rescue, oil and chemical spill remediation, etc. (you can guess the branch of service)-- along the way, frugal living, along with dollar - cost averaging, asset allocation, and diversification allowed us to retire early — Vanguard has been very good over the years, despite the Dot Bomb, 2002, and the recession (where we actually came out better with a modest but bargain retirement home purchase)... it's not easy building additional «legs» on a retirement platform, but now that we're here, cash, real estate, investments and insurance products, along with a small pension all help to avoid any real dependence on social security (we won't even need it at full retirement age)-- however, like nearly everybody, we're headed for Medicare in several years, albeit with a nice supplemental and pharmacy benefits — but our main concern is staying fit, active, and healthy!

«We are raising full year EPS guidance today due to the strength of our underlying operating performance of our first two quarters, despite the challenges facing Walmart U.S. in the short term, and the current economy,» said Tom Schoewe, executive vice president and chief financial officer.

With regard to recent performance, which has been positive but modest since the market peak last year, the main factor that has kept our returns relatively restrained despite the collapse of financials has been the simultaneous collapse of technology and consumer stocks, with cyclicals and commodities providing the greatest support to the major indices.

Fortunately, the Guzzardos had plugged into the Green Box Program financial principles for years and despite losing one million dollars to the Financial Matrix, they did not have to declare bafinancial principles for years and despite losing one million dollars to the Financial Matrix, they did not have to declare baFinancial Matrix, they did not have to declare bankruptcy.

Despite the month - to - month decline, March is the 22nd consecutive month Americans have reported improved financial security compared with a year ago.

Kashagan has huge amounts of oil in store, and according to Financial Times, «Opec, the 14 - member cartel that controls more than a third of all crude production, on Monday said Kashagan's ramp up is one reason it now thinks supplies outside the group will actually grow next year, despite two years of low prices.»

Seven years after the great financial crisis of 2008, the world economy remains at high risk of a new slump despite continued ultra low interest rates.

-- Municipal - bond prices have come roaring back, reversing last year's rout despite enduring financial challenges facing U.S. cities and states.

Despite financial market volatility since the beginning of the year, those timely economic indicators have been triggering a marked improvement in the Atlanta Fed's forecast model for Q1 2016 GDP.

Genworth Financial (NYSE: GNW) took a tumble following its third - quarter earnings report, despite tripling its bottom line year - over-year.

This carries particular resonance today because of how abnormally long the current market cycle has become: Despite the recent sell - off, the S&P 500 Index hasn't seen a bear market since the financial crisis ended more than nine years ago.

Despite the increasing exposure to financial markets, household sector balance sheets remain strong, with their aggregate net financial assets rising by around 14 per cent over the year to the March quarter 1998.

Despite increased microlending support in recent years, the World Bank estimates nearly half a billion microentrepreners have no ability to get financial accesss.

Despite concerns about regulations since the 2008 financial crisis, by any measure financial institutions are far, far freer today than they were thirty years ago.

Heinz knocked back the community's offer to buy the site, despite having received substantial corporate welfare from the government and financial support from the community over the years.

Despite only having been open for 12 weeks, Kensington Street Social has been named in in this year's Australian Financial Review Top Restaurants, presented by Qantas.

Despite sources in Canberra telling The Australian Financial Review that Mr Turnbull still plans to attend mid year, there is still no date set for the event and would - be participants in China no longer expect it to occur.

Despite the inauspicious start, Banducci — one of the Financial Review's Business People of the Year — has proved the doubters wrong, restoring sales growth in supermarkets, taking market share from Coles and Metcash's IGA retailers and defending Woolworths» turf from Aldi while extricating the retailer from its disastrous foray into home improvement and selling off non-core assets.

Despite China's potential, Beston has warned that it will incur «an overall loss» for the current financial year, largely due to a lack of sales there.

In addition to honest and open communication concerns, there are also fundamental issues of managerial incompetence, poor negotiating strategy, procrastination, dithering, lack of ambition, lack of willingness to compete with the top teams in the league despite supposedly being financial heavyweights, desperation at the very end of the window, compounded by promises made when Arsene was re-signed and poor team selection decisions for the first three matches, further compounded by a pattern of incompetence during transfer windows and in general management of the team in recent years that understandable has fan patience at a very low level.

Like Giroud, despite his deficiencies, however from a financial point of view # 20m from West Ham for a 30 year old would represent great business — and much needed counter balance to the further investment the squad needs.

Despite several more years scrabbling for Premier League survival they were finally relegated in 2011/12 since when the club has encountered financial difficulties, an HMRC winding - up order and the ignominy of further relegation to League 1.

From some time next year, the bank will be responsible for setting monetary policy (something that is done reasonably satisfactorily despite all the turbulence of the last few years), supervision of a large part of the financial services industry and it will have a new responsibility for something called «macro prudential supervision».