The local arm of the company has posted an annual after-tax loss of AU$316,000 for FY20. …read more Source:: Open Source S
Tag: profit
Qantas focuses on three-year recovery plan as FY20 net profit plunges 91%
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•Part of that plan will involve managing demand for corporate IT supplies and expenses. …read more Source:: Open Source S
Kogan continued to grow net profit during FY2020
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•The company also saw its active customer base increase by around 580,000 during the financial year. …read more Source:: Open Source S
Commonwealth Bank sees boost during COVID-19 with annual profit hitting AU$9.6b
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•CEO Matt Comyn said technology, specifically digital banking, played an ‘enormous’ role in increasing the bank’s profit by 12.4%. …read more Source:: Open Source S
SK Telecom Q2 profit increases 11.4%
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•The carrier said its remote services helped boost its profit despite the impact of COVID-19. …read more Source:: Open Source S
WeWork chairman says profit on the horizon due to explosion in office space demand
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•The beleaguered startup is experiencing high demand for office space because of the COVID-19 pandemic. …read more Source:: Open Source S
Samsung Q2 profit rises 23% despite COVID-19
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•Samsung’s chip business likely contributed the lion’s share while its consumer electronics is thought to have fared better than initially feared. …read more Source:: Open Source S
Facebook Australia full-year profit slips slightly as revenue receives 33% boost
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•The Australian arm of the social media giant paid AU$16.8 million in income tax during FY19. …read more Source:: Open Source S
Lenovo records $665 million net profit from strong PC demand
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•The company’s PC business contributed 79% of the company’s total revenue. …read more Source:: Open Source S
TechnologyOne achieves AU$19 million net profit as SaaS fees grow by a third
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•The company is on track to deliver 8% to 12% net profit increase for the full year. …read more Source:: Open Source S