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Earnings

News reports on quarterly and annual corporate profits and financial performance, offering insights into economic and market trends

The UAE's e& continues to grow its customer base as it diversifies its portfolio, allowing it to expand locally and overseas. Antonie Robertson / The National

Tech company e& posts 3% rise in 2023 profit on economic growth

TechnologyFebruary 14, 2024

Adnoc Gas has access to 95 per cent of the UAE's natural gas reserves, the seventh largest globally. Photo: Adnoc

Adnoc Gas reports 24% jump in fourth quarter profit

EnergyFebruary 12, 2024

Markets in the GCC and Menat region accounted for half of Aramex's group revenue. Silvia Razgova / The National

Aramex's fourth-quarter profit more than doubles

MarketsFebruary 09, 2024

One of Dewa’s key renewable energy projects is the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. Photo: Mohammed bin Rashid Al Maktoum Solar Park

Dewa reports 15% increase in fourth-quarter profit

EnergyFebruary 08, 2024

Adnoc Distribution’s board has approved a new five-year strategy for 2024-2028. Photo: Adnoc Distribution

Adnoc Distribution reports 61% rise in fourth-quarter profit

EnergyFebruary 07, 2024

Wizz Air chief executive Jozsef Varadi said 'the Middle East, especially the Gulf will remain growth markets'. Reuters

Wizz Air CEO says aviation sector must focus on quality control after Alaska incident

AviationJanuary 25, 2024

Almarai recorded a 'positive' performance in its core GCC markets, led by Saudi Arabia. Sammy Dallal / The National

Saudi Arabia’s Almarai posts 4% increase in Q4 profit

MarketsJanuary 21, 2024

A member of staff at a Tabreed cooling plant in Abu Dhabi. Khushnum Bhandari / The National

UAE's Tabreed posts rise in third-quarter revenue on higher demand

EnergyNovember 15, 2023

Adnoc Drilling's net profit for the three months to the end of September rose to $257 million. Photo: Adnoc

Adnoc Drilling third-quarter profit surges 36% on revenue boost

EnergyNovember 14, 2023

Emirates carried 26.1 million passengers in the first half of its financial year. AFP

Emirates airline posts record first-half profit on strong travel demand

AviationNovember 09, 2023

Nitrogen prices rose 'significantly' from their troughs in the second and third quarters, Fertiglobe's chief executive said. Photo: Fertiglobe

Fertiglobe reports third-quarter net profit of $39.5m

EnergyNovember 07, 2023

Americana, founded in Kuwait in 1964, introduced fast-food restaurants in the region in 1970. Photo: Americana

Americana's third-quarter net income jumps 10% on revenue boost

MarketsNovember 02, 2023

HSBC's pre-tax profit more than doubles to $7.7 billion in third quarter

BankingOctober 30, 2023

While such reappointments tend to steady or even jolt slumping stocks in the short term, they rarely claw back lost gains. Bloomberg

Does hiring ex-CEOs really add value to a company?

BusinessOctober 28, 2023

Almarai's revenue during the third quarter rose by 0.6 per cent to 4.79 billion riyals. Sammy Dallal / The National

Saudi Arabia’s Almarai posts 5% jump in third-quarter profit

MarketsOctober 08, 2023

The group signed $293.3 million of new awards in Egypt in the second quarter. Dana Smillie for The National

Orascom Construction profit up threefold on divestments and boost from Besix

MarketsAugust 30, 2023

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