profit / English

add

Battered by pork smuggling and high feed costs, Winai Teawsomboonkij’s Thaifoods Group reported a net loss of 813 million baht ($22 million) last year, its first since 2015, as swine prices fell by nearly a third.

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

The FTSE 100 closed down 45.56 points at 8121.20. Among the firms with updates today are Sainsbury's, Shoe Zone, Ryanair, Capita, Craneware and Checkit.

The company posted a 205 per cent increase in profits to Sh8.9billion.

Conoil Plc has recorded a 99% growth in its profit after tax to N9.87 billion in 2023, from N4.96 billion as of FY 2022.

Supreme, which also makes and distributes products including batteries, light bulbs and protein powder, said it delivered a 'record financial performance' in the past year

Total revenues also saw a substantial increase, surging by 42% year on year to £221.2million

Man United cashing in on Marcus Rashford this summer would aid the club's future compliance with the Premier League's profitability and sustainability rules for years

In today's newsletter, we're focusing on a report from my colleagues at WBEZ which shows that at for-profit colleges in Illinois, students often end up worse off financially than when they enrolled.

UK-based company helped by higher interest rates as it expands customer base

Shoe Zone which says its average retail price for a pair of shoes is £13, now expects its adjusted pre-tax profit for the year to 2 October to be 'not less than' £10m.

The London-based group has expanded aggressively in recent years, opening offices in new countries including Brazil and New Zealand in 2023, and adding 12 million customers

The fintech, led by founder Nik Storonsky, saw revenues almost double to £1.8bn last year.

With its headquarters in London, Revolut has been on an aggressive expansion spree, launching operations in fresh territories such as Brazil and New Zealand last year

In response to a sluggish economy and regulatory modifications, Western banks have significantly reduced their investment teams in China.

London-based fintech company has been waiting more than three years for its UK licence to be approved