Sentences with phrase «year recorded profits»

The financial industry has made year over year record profits because they invested in the derivatives, and then either sold the Mortgage Backed Securities on Wall Street or Leveraged (borrowed) against them at the Federal Reserve.

Firms set the rules of engagement, and secured phenomenal growth propelled by year - on - year record profits.

Not exact matches

Ford posted a record $ 1.2 billion profit in Europe last year but warned the impact of Britain's vote to leave the European union would put a dent in 2017 earnings.

But years of consolidation through post-bankruptcy mega-mergers and a decline in fuel prices has helped airlines rake in record profits.

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

PARIS, April 26 (Reuters)- Record output and high oil prices helped French oil and gas major Total report a consensus - beating rise in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.

These 10 companies (including seven past Inc. 5000 honorees) have since matched or outperformed their peers, in terms of median annual revenue or profit recorded since the year of their IPO.

For fiscal 2014, Hitachi delivered an operating profit of 600.4 billion yen ($ 4.89 billion), its second year of record - breaking profit, on the back of cost - cutting, alongside strong demand for its lifts in China, as well as robust sales of auto parts and electronics products.

GR Engineering Services wrapped up the 2016 financial year with record revenue and increased profit, but says competition for design and construction opportunities remains high.

Perth - based education services provider Navitas has recorded a modest rise in net profit for the financial year, amid signs the international student market is returning to positive territory.

In the years following its ignition switch scandal, General Motors has steadily clambered back on track, even posting record profits and vehicle sales in 2016 of $ 12.5 billion and 10 million, respectively.

With 30 new locations opening up around the world this year and record profits, it seems they are onto something.

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.

Financial services provider Pioneer Credit has boasted a record year of growth, with increases in revenue, net profit and customer numbers.

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.

Briers did not disclose the profit that TransferWise expects this fiscal year, but did say that revenues will see «similar growth» to what it has recorded before.

Euroz has halved its dividend after recording a $ 7.1 million net loss for the 2015 financial year, on the back of poor performance in its investment arm and modest profits in its stockbroking division.

Shipbuilder Austal reported an 11 per cent fall in full - year profit to $ 31.9 million, despite record revenue and a reduction in debt.

Financial services provider Pioneer Credit says it's on track for a record FY16, after delivering a 105 per cent rise in half - year profit.

Nedlands - based TFS Corporation has achieved a record full - year profit of $ 82.5 million, up 48 per cent on the back of increased plantation asset ownership.

Borza also said Hidroelectrica expected a record gross profit of 1.3 billion lei ($ 331.52 million) at the end of this year, up from 1.1 billion lei last year.

We were going to make a record profit this year.

Things have improved recently, though, as dropping prices for jet - fuel helped the airline record third - quarter profits of $ 41.6 million, up 24 % year - over-year.

Despite the earnings beat on Friday, RBS CFO Ewen Stevenson told CNBC that the bank may be set to record its tenth consecutive year without an annual profit in 2017.

Drilling and mining services firm Ausdrill has delivered another record profit for the half year ended December 31, lodging a 50.4 per cent spike to $ 54.6 million.

Despite the earnings beat on Friday, RBS» Stevenson told CNBC that the bank may be set to record its tenth consecutive year without an annual profit in 2017.

Planned capital expenditures in the US, investments in American manufacturing over five years and a record tax payment upon repatriation of overseas profits will account for approximately $ 75 billion of Apple's direct contribution.

The company recorded a loss of $ 125 - million compared to a profit of $ 934 - million from the same quarter last year, and shipped only 11.1 million smartphones, down 21 % from the previous quarter.

Commercial banks were the most profitable industry in 2014, recording a cumulative $ 103.9 billion in earnings, beating out diversified financials, last year's leader, which saw a 72 % profit decrease, from $ 151 billion to $ 43 billion, owing to revenue and profit declines for Fannie Mae and Freddie Mac.

But what if I told you that I have seen plenty of businesses that, at the end of the year, showed record profits.

It has earned record profits for the past three years, and in the 21 minutes since Andy Serwer called this forum to order, the bank has extended $ 70 million in credit to clients around the world.

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.

For fiscal 2017 as a whole, each of the five biggest Canadian lenders reported record annual profits for a collective total of $ 40.3 billion in net income, up nearly 13 per cent from a year earlier.

The company's annual profit hit a record high of 555 billion yen in the year to March 2009, driven by Wii sales.

Last year the baby - care division recorded its second year of record sales and profits.

Via conference call, RIM's co-CEO announced a record number of BlackBerrys shipped, a 24 % revenue increase over the year previous, and a profit that beat the Street.

WA SUCCESS story ERG Group has achieved record operating profit of $ 35.2 million for the year ending June 30, 2000 — a 73 per cent increase on the previous period.

PERILYA Mines NL has capped off its best six month performance, notching up a record operating profit of $ 6.2 million at its Fortnum gold mine in WA for the first half of the 2000 financial year.

But the company turned in a record profit for this time of year and beat expectations by reporting $ 61.1 billion in revenue.

The company recorded 2.6 billion RMB ($ 377 million) in revenue for 2016, up 59 percent year - on - year, with a profit of 38.8 million RMB, or $ 5.6 million, according to its filing.

They noted that banks reported record profits last year, despite tough Dodd - Frank Act rules, and Wall Street bonuses rose for the first time in three years.

With these numbers and substantial profits out there, particularly for diesel, we're going to blast through the records that were established last year for refinery runs,» said Kloza.

Jollibee reported record revenue and profit last year, but has consistently sought longer term growth overseas.

GM rode sales of SUVs and pickup trucks to a record profit in 2015, and the automaker reaffirmed its expectation to do better this year.

Miners have been selling their product at record profits for most of this year, as their financials will eventually reveal.

Indeed, 30 % of companies listed on the first section of the Tokyo Exchange reported record profits for the year, the largest percentage since 2006.

Macquarie's profit soars to record $ 2.6 b: Macquarie Group's full - year net profit jumped 15 per cent to a record $ 2.56 billion, buoyed by debt capital markets income and asset management performance fees.

But most major companies will be setting new profit records 5, 10 and 20 years from now.»

In Germany, ever since the 2003 — 20 05 labor reforms that caused business profits to soar at the expense of wages, German banks have exported the gap between rising savings and declining investment — a figure that rose in less than five years to become among the largest ever recorded.

A companion article continues «Companies» interest payments are absorbing a record share of their profits, yet they continued to borrow more throughout last year.