DOHA: Doha Insurance disclosed its financial statements for the period ending on the 30th of September, 2019. The statements show that the Net profit reached QR 40 million compared to net profit of QR 35.4 million for the same period of the previous year. Earnings per share amounted to QR 0.08 for the period ending…
Category: Australian Exchange
Australian Securities Exchange news today and company announcements regarding mergers, acquisitions, appointments, expansion and technology of companies listed on Australian Securities Exchange (ASX).
Zalaris posts 8.2% growth in revenues for September quarter
OSLO: Zalaris ASA, the provider of payroll and HR solutions, posted third quarter ended September 30, 2019 revenues of NOK 190.7 million making 2019 the 19th year of uninterrupted growth within reach. Zalaris’ Q3-19 revenues reached NOK 190.7 million an 8.2% increase compared to NOK 176.2 million in the same quarter previous year. In terms…
BH Mubasher Financial Services posts profits in Q3
DUBAI: BH Mubasher Financial Services (BHM), a leading brokerage firm in the UAE’s financial market, reported a quarterly profit in the third quarter following an overall company restructuring in May/June 2019 subsequent to the annual general meeting (AGM) held in the second quarter. Dubai-based financial services firm, earlier known as “Al Safwa Mubasher Financial Services”,…
Begbies Traynor acquires Alexander Lawson Jacobs Limited
LONDON: Begbies Traynor Group announced the acquisition of the entire issued share capital of Alexander Lawson Jacobs Limited (ALJ), a London-based insolvency and business recovery practice. ALJ is a well-established firm and is ranked as a top 20 UK insolvency practice (by insolvency appointments). The team of 24 directors and employees will join the group…
SGX reports 1Q FY2020 net profit of S$114 million
SINGAPORE: Singapore Exchange (SGX) has reported 1Q FY2020 net profit of S$114.2 million with revenues of S$247.6 million. EBITDA came in at S$156.4 million and earnings per share was 10.7 cents. The Board of Directors has declared an interim dividend of 7.5 cents per share, payable on 11 November 2019. Loh Boon Chye, Chief Executive…
S&P upgrades Australia’s Banking Industry and ANZ’s ratings
SYDNEY: S&P Global Ratings (S&P) announced it has increased the stand-alone credit profiles (SACP) of ANZ and the other major Australian banks by one notch to ‘a’ from ‘a-’. S&P stated that this reflects “the reduced economic risks we see in the Australian banking system due to an orderly correction in national house prices and…
Esterad Investment posts BD 1.17 million profits for the nine months of 2019
BAHRAIN: Esterad Investment Company (ESTERAD) announced at a meeting of its board of directors on Wednesday 23rd October 2019, the nine months financial results for the current year including the financial results of third quarter. Esterad achieved a net profit (attributable to the shareholders of the parent company) during the third quarter of 2019 amounting…
Deyaar reports revenues of AED 483.3 million for the nine months of 2019
DUBAI: Deyaar Development, one of Dubai’s leading property developers and real estate service providers, announced its financial results for the nine months ended 30 September 2019. The company reported revenues of AED 483.3 million for the nine months ended 30 September 2019, an increase of 3.6% compared to AED 466 million in the same period…
AM Best affirms credit ratings of Marble Reinsurance Corporation
HONG KONG: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Marble Reinsurance Corporation. The outlook of these Credit Ratings is stable. The ratings reflect Marble Re’s balance sheet strength, which AM Best categorizes as strong, as well as its strong operating performance, neutral…
SGX signs MoU with Singapore Institute of Surveyors and Valuers
SINGAPORE: Singapore Exchange Regulation (SGX RegCo) has entered into a memorandum of understanding (MOU) with Singapore Institute of Surveyors and Valuers (SISV) to enhance standards of valuations of real estate and land, a news release said. Under the terms of the MOU, SGX RegCo may seek SISV’s advice on any concerns about property valuation reports…
LSE launches Global Equity Segment for trading in international securities
LONDON: London Stock Exchange Group (LSEG) today announced the launch of the Global Equity Segment (GES) on London Stock Exchange plc, following the completion of its first trade, a press release said. The Global Equity Segment will offer trading in 95 international securities including US blue chips and Chinese ADRs on the MTF (MIC code…
AM Best affirms ratings of National Teachers Associates Life Insurance Company
OLDWICK: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of National Teachers Associates Life Insurance Company and its affiliated entity, NTA Life Insurance Company of New York. Both companies are ultimately owned by Horace Mann Educators Corporation, and are collectively referred to as NTA…