Tag Archives: profits

Budget carrier flydubai sees profits and revenue increase

Related Articles DUBAI: Budget carrier flydubai says its earnings and profits have increased, with revenue reaching 5.5 billion dirhams ($ 1.5 billion) in 2017 compared to 5 billion dirhams ($ 1.37 billion) in 2016.Profits for the Dubai-based airline reached 37.3 ...

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Ryanair profits rise despite flight cancelations crisis

Related Articles LONDON: Ireland’s troubled Ryanair said Monday that quarterly net profits rose 12 percent, despite a flight cancelations crisis that was sparked by pilot rostering problems.Profit after taxation increased to €106 million (SR495.79 million) in the group’s third quarter ...

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Ferrari 2017 profits soar as sales near 8,400 vehicles

Related Articles MILAN: Italian sports car maker Ferrari says profits last year rose 34 percent, driven by a surge in V12 sales and vehicle personalization.Ferrari on Thursday reported 2017 net profit of 537 million euros ($ 669 million), up from ...

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Shell’s 2017 profits more than double

Related Articles LONDON: Royal Dutch Shell’s profit more than doubled in 2017 to $ 16 billion, their highest since the start of the 2014 downturn, boosted by stronger oil and gas prices and production as well as improved performance.The Anglo-Dutch ...

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Dubai's Deyaar posts lower 2017 profits despite revenue jump

Dubai-based developer Deyaar on Wednesday reported lower net profit in 2017 despite a 75 percent jump in revenues to AED751.6 million ($ 204 million). The company said the increase in revenues was driven by steady progress on Midtown construction, which ...

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GM’s new Chevy Silverado bids for more US pickup profits

Related Articles DETROIT: General Motors Co. on Saturday will fire a new round in the battle for profits from one of the US auto industry’s most lucrative segments when it shows a new generation of its Chevrolet Silverado pickup truck ...

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Dubai-listed Air Arabia reports 27% rise in profits

LONDON: The Dubai-listed Air Arabia on Sunday reported a 27 percent increase in third-quarter profit.The low-cost airline said it made a net profit of 376 million dirhams ($ 102.4 million) in the three months to Sept. 30, compared with 297 ...

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Apple’s iPhone X hits Asia stores as profits soar

Related Articles HONG KONG: Apple profits soared by a fifth as its flagship iPhone X hit stores in Asia Friday, with the company predicting bumper sales despite its eye-watering price tag.Net profit rose 19 percent from a year ago to ...

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