 |
Jabal Omar cuts 2021 accumulated losses to $314mJabal Omar Development Company, a leading Saudi property developer, has announced a sharp decline in its accumulated losses for the FY 2021 which has fallen to SR1.18 billion ($314.2 million) from SR2.13 billion ($607 million), thus reaching 1 More… |
 |
Global airlines to cut losses in 2022 by 78pc: recovery in sightThe International Air Transport Association (IATA) has projected a sharp reduction in industry losses for next year which is likely to narrow down to $11.6 billion in 2022 from $51.8 billion this year as a multi-speed recovery from the coronav More… |
 |
Deep airline industry losses set to continue into 2021Deep losses will continue in the airline industry into 2021, even though performance is expected to improve over the period of the forecast, the International Air Transport Association (IATA) announced in its revised outlook for the industry i More… |
 |
Kamco Invest cuts 9-month losses to $4.5mKuwait-based Kamco Invest, a financial powerhouse, has posted a net profit of KD2.5 million ($8.15 million) in Q3 2020 (Q3 2019: net loss of KD0.178 million) reducing the 9-month losses to KD1.4 million ($4.5 million) (9M 2019: net profit of KD0 More… |
 |
Shaker Group narrows Q1 losses, nets good revenue growthSaudi-based Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group), a leading importer, manufacturer and distributor of air-conditioners and home appliances, has recorded a first quarter net loss of SR3.3 million ($879,010), decreasing by 88.5% More… |
|
Shaker Group narrows Q1 losses, nets good revenue growthSaudi-based Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group), a leading importer, manufacturer and distributor of air-conditioners and home appliances, has recorded a first quarter net loss of SR3.3 million ($879,010), decreasing by 88.5% More… |
 |
Aviation industry losses to top $84bn in 2020: IataAirlines around the world are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1 per cent, according to the International Air Transport Association's (Iata) financial outlook for the global air transport industry. More… |
 |
Nissan to cut production by 20pc after losses: CNNNissan Motor Co’s Chief Operating Officer (COO) Ashwani Gupta has said that the multinational automobile manufacturer’s biggest mistake had been “Global expansion. To do everything, everywhere”. In an interview w More… |
 |
SriLankan narrows losses in H1 of fiscal 2019-20SriLankan Airlines has reduced losses by more than 50 per cent during the six months ending September 30, with a loss of $19 million before interest and withholding tax against a loss of $39 million for the same period in the previous year. More… |
 |
Abu Dhabi carrier cuts losses in 2017Etihad Airways today announced its financial results for 2017, showing increased revenues and shrinking losses - the result of a strategic review of its global business. In a statement released by Etihad, it reported a 1.9 per cen More… |
