Emirates becomes the most profitable Airline globally

By AbdulWasay ⏐ 1 month ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Emirates Airline has reported a record-breaking profit of $5.6 billion for the fiscal year ending March 31, 2025, solidifying its position as the world’s most…

Foodpanda Pakistan’s €11.2 Million Profit: Milestone or Mirage?

By Tehniyat Zafar ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Foodpanda Pakistan has reported its first-ever annual profit, according to Delivery Hero GmbH’s 2024 financial results. The company posted a net income of €11.2 million,…

State Bank Removes Profit Rate Floors For Certain Deposit Accounts

State Bank Removes Profit Rate Floors for Certain Deposit Accounts

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Today, the State Bank of Pakistan (SBP) announced that deposits held by financial institutions, public sector organizations, and public limited companies will not be subject…

Important Update on Profit Rates for Savings Schemes

Important Update on Profit Rates for Savings Schemes 

By Huma Ishfaq ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

On Friday, the government stated that from November 4th, 2024, profit rates on National Savings Schemes (NSS) will be reduced. The government has announced a…

Reddit Achieves First Profit in Two Decades with $29.9M Q3 Earnings

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

After nearly 20 years in business, Reddit has reached a significant milestone by turning its first-ever profit. The social media platform reported a revenue of…

NBP Reports 91% Profit Drop in First 9 Months of 2024

By Huma Ishfaq ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

National Bank Pakistan (NBP) reported a profit of Rs. 2.96 billion (EPS: Rs. 1.39) for the third quarter of 2024. This marks a significant 76%…

Samsung’s profits fell by a staggering 56% in Q2 2019

By Shaheryar Ehsan ⏐ 6 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Samsung’s profits have taken a massive hit in Q2 2019 with almost 56% overall year-on-year decrease due to weak demand and the rise of Chinese…

Samsung posts record profit as chip business grows in the first-quarter report of 2018

By Sajeel Syed ⏐ 7 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Samsung has just posted its operating profit earning for the first quarter of 2018. Samsung’s memory chip business showed a significant growth in the first…

Samsung beats Intel to become the world’s largest chipmaker by revenue

By Sajeel Syed ⏐ 7 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Intel’s 25-year dominance as the world’s largest chipset seller has ended. Intel, the largest chipmaking company based in America has been defeated by South Korean…

Advertising For Samsung Galaxy Note 8 Displayed At Concorde In Paris

Samsung announces three new CEOs and posts record-breaking profits

By Uzair Khalid ⏐ 8 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Samsung CEO resigned a couple of weeks ago but that did not stop Samsung from making huge profits. Today, Samsung announced the three new CEO’s…

Nintendo Super Mario

Nintendo aims to beat Microsoft and Sony with net profit of $1.1 billion

By Sajeel Syed ⏐ 8 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The famous Japanese video games console maker Nintendo Co Ltd. is expecting its highest earnings in seven years. Nintendo forecast nearly doubled its full-year profit…

Samsung recorded net profit of $12.8 billion (14.5 trillion won) from the sales of $54.7 billion (62 trillion won) in the third quarter of this year.

Samsung predicts record-breaking profit of $12.8 billion

By Sajeel Syed ⏐ 8 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Yes, we all heard it, Samsung’s CEO is resigning but that’s not a big deal because Samsung is seeing a huge profit in the third…

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