Earnings roundup: Global Payments 1Q profit rises, Immucor earnings grow 7 percent in 1QOctober 1st, 2009 Earnings roundup: Global Payments, ImmucorAmong the earnings stories for Thursday, Oct. 1, from AP Financial News:
ATLANTA (AP) — Global Payments Inc.
Russian oil major Lukoil's net profit falls 44 percent in Q2 but beats analyst estimatesAugust 28th, 2009 Lukoil's Q2 net profit down 44 percentMOSCOW — Lukoil, Russia's largest private oil company, on Friday posted a 44 percent drop in net profit for the second quarter due to lower oil prices, but still beat analyst expectations. Net income fell to $2.3 billion from $4.1 billion a year earlier, the company said in a statement.
Popeyes' owner AFC Enterprises sees second-quarter profit slide 3 percentAugust 20th, 2009 AFC Enterprises' second quarter profit falls 3 pctATLANTA — Restaurant operator AFC Enterprises Inc. said Wednesday that its second-quarter profit fell 3 percent as sales dipped.
Anglo American H1 profit down 31 percent as revenue slumps amid recessionJuly 31st, 2009 Anglo American H1 profit down 31 percentLONDON — Mining company Anglo American PLC said Friday that net profit in the first half of the year fell by 31 percent as both the prices and volumes of its sales slumped amid the global recession. The company said net profit for the period was $2.97 billion, compared to $4.28 billion a year earlier.
Cigna 2nd-qtr profit rises 60 percent on more favorable interest rates, company raises outlookJuly 30th, 2009 Cigna profit climbs on better interest ratesNEW YORK — Health insurer Cigna Corp. said Thursday its second-quarter profit jumped 60 percent due to a benefit from more favorable interest rates and other items.
British American Tobacco 1H profit up 16 pct to 1.45 bln pounds ($2.38 bln)July 30th, 2009 British American Tobacco 1H profit up 16 pctLONDON — British American Tobacco PLC reported Thursday that its first half profit rose 16 percent compared to a year earlier to 1.45 billion pounds ($2.38 billion) as top brands such as Lucky Strike showed better sales. Revenue was up 24 percent to 6.78 billion pounds, a 14 percent gain on a constant currency basis.
UK energy company Centrica PLC 1H net profit down 89 pct; operating profit down 5 pctJuly 30th, 2009 Centrica PLC 1H net profit down 89 pctLONDON — British energy company Centrica PLC said Thursday that net profit fell by 89 percent in the first half compared to a year earlier, when profit was boosted by a large one-time gain. For the six months to June 30, Centrica reported a net profit of 202 million pounds ($332 million) compared to 1.8 billion pounds a year earlier.
Nintendo profit down 60.6 percent in April-June on fewer hit titles, stronger yenJuly 30th, 2009 Nintendo profit down 60.6 percent in April-JuneTOKYO — Nintendo Co. reports that its net profit tumbled 60.6 percent in the April-June quarter from last year, hurt by a stronger yen and fewer blockbuster games.
Sterlite Industries net profit dips 42 percentJuly 29th, 2009 MUMBAI - Vedanta group firm Sterlite Industries Wednesday reported a 42 percent fall in its net profit for the quarter ended June 30 to Rs.672.6 crore as against Rs.1,151 crore in the like period last year. The total income fell 19 percent to Rs.4,957.1 crore from Rs.6,172.5 crore, the company said in a statement.
Honda's net profit plunges 95.6 percentJuly 29th, 2009 TOKYO - Honda Motor Co saw its net profit plunge 95.6 percent to 7.56 billion yen ($80 million) in the April-to-June quarter because of a global decline in auto sales, the Japanese carmaker said Wednesday. Although cost-cutting measures showed some positive effects in earnings results in Honda's first quarter, Japan's second-largest carmaker said production cuts and a stronger yen reduced operating profit in those three months.
Allahabad Bank's Q1 profit zooms 224 percentJuly 18th, 2009 KOLKATA - State-run Allahabad Bank posted a net profit of Rs.302.86 crore (Rs.3.02 billion) for the first quarter of 2009 as compared to Rs.93.36 crore for the same period last year, a top company official said here Saturday. The net profit was up by 224 percent due to higher investment trading profit of Rs.214 crore, up from Rs.32.2 crore a year ago.
Carnival books better-than-expected 32 percent drop in 2nd-qtr profit but lowers 2009 outlookJune 18th, 2009 Carnival reports 32 percent drop in 2Q profitMIAMI — Cruise operator Carnival is reporting a better-than-expected 32 percent drop in second-quarter profit but is lowering its full-year forecast to reflect rising fuel costs. Miami-based Carnival Corp.
Indian Oil net profit drops 57 percentMay 29th, 2009 NEW DELHI - State-run oil marketing company Indian Oil Corp (IOC) Friday recorded a 57 percent fall in its net profit for 2008-09 from the year before. The company said in a statement that its annual profit stood at Rs.2,949 crore as against Rs.6,962 crore recorded in 2007-08.
Biocon last quarter profit dips 61 percentApril 28th, 2009 BANGALORE - Biotechnology major Biocon Tuesday announced a decrease of over 61 percent in its net profit for the quarter ending March 31. In a regulatory statement, Biocon said its unaudited net profit for the last quarter was Rs.241.4 million, compared to Rs.620.3 million - a decrease of over 61 percent.
L&T profit jumps 215 percentJanuary 29th, 2009 NEW DELHI - Construction and engineering giant Larsen and Toubro (L&T) posted a 215.5 percent jump in its quarterly profit, primarily riding on the income from the sale of its ready-mix concrete (RMC) business. The company filed a net profit of Rs.15.2 billion (Rs.1,520.44 crore/$338.75 million) for the third quarter of 2008-09, as against Rs.4.81 billion during the same period last fiscal.
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