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...Chinese companies....
...F1’s operating profit increased by 64 per cent to $392mn in 2023 from a year earlier, as revenues surged to $3.2bn from $2.5bn. Dorna’s revenues totalled €483mn in 2023....
...Ford lost $1.3bn in operating earnings due to the United Auto Workers’ strike of nearly six weeks, the company said on Thursday, a day after striking a deal with the union....
...Shares of online used auto retailer Carvana rallied more than 40 per cent on Friday after the company announced record operating profits in 2023....
...Indian infrastructure tycoon Gautam Adani’s flagship company withstood a collapse in coal trading revenues to post a rise in quarterly operating profits, in results published Thursday....
...The Korean company, which supplies the “high bandwidth memory” chips used in Nvidia’s H100 GPUs, posted an operating profit of Won346bn ($260mn), outstripping analysts’ expectations compiled by LSEG SmartEstimate...
...The Danish group, the world’s second-largest container company, said underlying operating profit in 2024 would range from a loss of $5bn to zero and would be “front-loaded” to the start of the year....
...The Swedish company has responded to more than a decade of falling margins by focusing on profitability in recent months, targeting a 10 per cent operating profit margin this year....
...Even so, that is nearly three times Hasbro’s adjusted operating figure....
...Meanwhile, cash inflow from operating activities was nearly $21mn, which is certainly better than 2022’s cash outflow of $2.7mn....
...Shares in fast-fashion retailer H&M jumped more than 13 per cent in early trading after the company reported rising operating profits in its first quarter, signalling that it is on track to increase profitability...
...Other company towns, like those depicted in Depression-era novels, were simply exploitative, paying workers meagre amounts in company money that could only be spent at costly company stores....
...UK oil engineering company Wood Group raised its full-year revenue and earnings expectations on Tuesday after winning a series of new contracts, even as it saw a 26 per cent drop in first-half operating...
...Administration allows the company to boost production again....
...Peter Dilnot, who was chief operating officer, has taken over as CEO....
...Uber reported its first operating profit on Tuesday on the back of better control of costs, marking a turning point for the chronically lossmaking company after years of heavy spending in a controversial...
...The company said the four markets that would now be its focus — UK, Italy, Spain and Denmark — generated about 85 per cent of its revenues....
...chief operating officer, Stephanie Pope....
...“Due in part to their operating outdoors and in all weather conditions, some monitors will occasionally be temporarily out of action while maintenance is under way....
...The increase caused an unexpected hit to operating profit. In early November, the bank confirmed it was on track to generate an operating profit of at least €240mn in 2023....
...MTN Nigeria’s tower leases are indexed to the dollar, leading to an estimated 45-50 per cent foreign currency exposure in operating expenses, the company added....
...“It took us a bit of time to reduce the costs, and we did, but that’s not our usual way of operating,” added Groen. “Our usual way of operating is by growing.”...
...Operating margins remain slimmer than those of traditional carmakers....
...In the UK a merger between Vodafone and Three would cut operating costs, helping to nudge returns above the company’s cost of capital even absent a recovery in pricing....
...Gambling group 888 is to change its name to evoke, saying that the change would “better reflect the strength of the group’s multi-brand operating model”....
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