VFD Group Plc reported a 96% year-on-year increase in profit after tax, reaching N13.00bn for the nine months ended September 30, 2026. T he group’s unaudited financial results, approved by its Board, showed a substantial rise from N6.63bn recorded in the corresponding period of 2025. Group Managing Director Nonso Okpala noted the near-doubling of profit…
Access Holdings Plc reported its unaudited results for the nine months ended September 30, 2026, showing resilient profit growth. The Group’s Profit Before Tax increased by 8.3% to ₦667.4 billion. Profit After Tax also rose by 5.9% to ₦474.2 billion during the period. This performance was driven by growth in core income and a significant…
South African pharmacy chain Dis-Chem has deployed R240 million into replatforming its digital infrastructure and operational environment through its innovation division, X, Bigly Labs, established in late 2025. Read: Apple unveils 2026 iMac with M6 and upgraded AI architecture Details disclosed in the group’s interim results for the six months ending August 2026 highlight that…
Diesel fuel stations at a Shell gas station in Los Angeles, California, on Sept. 28, 2026. Bloomberg | Bloomberg | Getty Images Shell nearly doubled its quarterly year-on-year adjusted earnings to $10.8 billion and reported record refining margins, the oil major said Thursday. Adjusted earnings, the company’s measure of net profit, soared from $5.4 billion…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images South Korean chipmaker SK Hynix on Wednesday posted a record high quarterly profit, sharply beating estimates, and announced over $25 billion in dividends and buybacks, sending shares more than 6% higher….
Europe’s largest bank HSBC on Tuesday reported third-quarter pretax profit that largely met analysts’ estimates complied by the lender, and announced a share buyback of up to $1 billion by the end of this year. Revenue at HSBC rose to $18.6 billion from $17.8 billion in the same period last year, while banking net interest…
JSE-listed technology services group iOCO increased profit after tax by 39% to R357m for the year ended 31 July 2026, as improved margins and lower finance costs strengthened its financial performance. Rhys Summerton | image supplied Revenue rose 3% on a constant currency basis to R5.73bn, while earnings before interest, tax, depreciation and amortisation (EBITDA)…
iOCO grew profit by 39% to R357-million in the year to 31 July 2026, but net cash from its operating activities fell 44% to R239-million, as a large release of cash from customers in the previous year was not repeated. The figures, in audited annual financial statements published on Tuesday, fall within the ranges the…
Samsung Electronics has projected a landmark third-quarter operating profit of R1.32 trillion (₩107.4 trillion), marking the first time a global technology company has surpassed R1.23 trillion in quarterly earnings. Driven by a nearly nine-fold year-on-year surge in operating profit, the result represents Samsung’s fourth consecutive quarter of record earnings, fuelled by an escalating global memory…
SHENZHEN, CHINA – AUGUST 30: A Chinese national flag flies from a vessel in front of the MSC Claire container ship berthed beneath gantry cranes at Yantian Port on August 30, 2026, in Shenzhen, Guangdong Province, China. China is set to release its latest official manufacturing purchasing managers’ index as investors assess the outlook for…
