Just Water International Posts Net Loss of $19.2 million
Submitted by Manish Verma on Fri, 09/03/2010 - 08:55
In the middle of small earnings, Just Water International has reported a full-year loss and is planning to wind up its business and sell it.
The registered water cooler supplier that has its presence in New Zealand and Australia observed a net loss of $19.2 million in the year that concluded on June 30. It had incurred a net profit of $1.8 million during the same period last year.
Tiffany 2Q net income rises 19%in second quarter
Submitted by Manish Verma on Fri, 09/03/2010 - 08:52
Tiffany & Co. has announced its second quarter financial results for the fiscal year 2010-11. According to the company, it has registered a significant rise in its net income due to superior sales figure.
The company has posted a better revenue record in the Asian and European market and the shoppers bought more high-end jewelry of the company during this period of time in all across the globe.
Genesis Gained Profits after $136m Loss of Last Year
Submitted by Omaka Nelson on Mon, 08/30/2010 - 18:10
It has been reported that the state-owned power Company, Genesis has gained $69 million post tax, after coming across a significant loss of $136m last year because of the downward evaluation of thermal generation assets at Huntly.
According to the reports, for this year EBITDAF was $249m and in 2008/2009, it was $202m, whereas underlying earnings of the Company sit at $88m and last year it was $82m.
Dana Petroleum has reported a sharp rise in its profits by 274%
Submitted by Omaka Nelson on Sat, 08/28/2010 - 21:55
The Aberdeen based energy firm Dana Petroleum which is in the target of a hostile takeover bid has reported rise in its profits in the first six months of this year.
Serco has reported a 21% rise in its profits
Submitted by Tangaroa Snell on Fri, 08/27/2010 - 14:31
The outsourcing firm Serco has reported a 21% rise in its profits in the first six months of the current year despite of the public sector cuts. According to analysts, the major reason behind this profit rise is the strong domestic and international economic growth.
The company runs train services as well as prisons in Australian and UK; it has stepped in to its latest bi-cycle hire scheme in London for last few times.
Profits of Persimmon boosted by strong spring sales
Submitted by Manish Verma on Fri, 08/27/2010 - 14:27
Leading home-builder of the country, Persimmon has reported a rise in its profits of more than 10% after seeing a period of strong sales in the spring season.
The company has reported a pre-tax profit of 101.4 million pounds in the first six months of this year compared to 9.8 million pounds of the same time period of last year. The company has said that it was much focused on reducing the debts and increasing the margins.
