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Tag: financial results

Kelyniam Global records sales growth despite revenue dip in 2023

Posted on March 17, 2024March 17, 2024

Kelyniam Global (OTC:KLYG), a renowned custom cranial implant manufacturer, has released its financial results for the year ending December 31, 2023. CEO Ross Bjella announced a record-setting fourth quarter in unit sales, contributing to a modest increase in unit volume over the previous year. Despite this, the company experienced a 12% decline in total revenue,…

Burford Capital posts 19x growth in earnings per share to $2.74 in 2023

Posted on March 14, 2024March 15, 2024

LONDON, UK: Burford Capital Limited, a premier global finance firm specializing in law, has reported its full-year results for 2023, showcasing significant gains across the board. Christopher Bogart, Chief Executive Officer of Burford Capital, commented: “Burford had an extraordinary year. Our earnings per share rose 19x to $2.74, driven by a tripling of consolidated total…

Aviva Plc reports 9% increase in operating profit to £1.46 billion in 2023

Posted on March 7, 2024March 7, 2024

LONDON, UK: Aviva Plc, the UK’s largest insurer, announced its 2023 annual results on Thursday, showing a 9% increase in group operating profit to £1,467m and a 12% increase in solvency II operating own funds generation to £1,729m. The company also declared a final dividend of 22.3 pence per share, up 8% from the previous…

Zain KSA reports record revenues of SAR 9.9 billion in 2023

Posted on March 3, 2024March 3, 2024

RIYADH: Mobile Telecommunication Company Saudi Arabia (Zain KSA) announced its annual consolidated financial results for the year ending on 2023-12-31, revealing the highest revenues in its history, amounting to SAR 9.9 billion, a 8.9% growth as compared to 2022. The company attributed this increase to the growth in business-to-business (B2B), 5G, digital products, wholesale and…

IMCD N.V. posts gross profit of EUR 1.12 billion in 2023

Posted on March 1, 2024March 1, 2024

AMSTERDAM: IMCD N.V., a global leader in the distribution and formulation of speciality chemicals and ingredients, announced its full year 2023 results today. The company reported a gross profit of EUR 1,123 million, a 2% increase on a constant currency basis, and a free cash flow of EUR 554 million, a 28% increase from 2022….

AerCap reports record results for 2023, confident about 2024 outlook

Posted on February 23, 2024February 23, 2024

AerCap Holdings N.V., the world’s largest aircraft leasing company, announced its best-ever financial performance for the fourth quarter and full year of 2023 on Friday. The company’s CEO, Aengus Kelly, attributed the record results to the strong demand for aircraft, engines and helicopters, as well as the recovery of $1.3 billion in insurance settlements during…

Black Stone Minerals reports strong results for 2023, provides outlook for 2024

Posted on February 20, 2024February 20, 2024

Black Stone Minerals, L.P. (NYSE: BSM), a leading owner of oil and natural gas mineral interests in the United States, announced its financial and operating results for the fourth quarter and full year of 2023 and provided guidance for 2024. The Company reported net income of $147.6 million and Adjusted EBITDA of $125.5 million for…

Dr. Sulaiman Al Habib Medical Services Group reports 23.94% net income growth in 2023

Posted on February 18, 2024June 12, 2024

Dr. Sulaiman Al Habib Medical Services Group (HMG), one of the largest private healthcare providers in the Middle East, announced its annual financial results for the year 2023, showing strong performance across its hospital and pharmacy segments. According to the group’s financial statement, HMG’s revenues for the year 2023 reached SAR 9,508.44 million, an increase…

Gulf Insurance Group reports strong financial performance in 2023

Posted on February 18, 2024February 18, 2024

Gulf Insurance Group (GIG), one of the leading insurance companies in the Middle East, announced its annual financial results for the period ending on 2023-12-31, showing a strong performance across its business segments. The company reported an increase in insurance revenue by SR 84 million or +5.7% as compared to the previous year, reaching SR…

Union Properties posts record net profit of AED 811 million in 2023

Posted on February 15, 2024February 15, 2024

DUBAI: Union Properties PJSC (UPP) announced its preliminary financial results for the fiscal year 2023, registering a record net profit of AED 811 million, up by 2607% from 2022. The company’s operating profit also grew by 60%, reaching AED 508 million. The company attributed its exceptional performance to its strategic approach, market position, and diversified…

Capgemini beats financial targets in 2023 despite market slowdown

Posted on February 14, 2024February 14, 2024

PARIS: Capgemini, a global leader in consulting, technology and outsourcing services, announced its 2023 financial results on Tuesday, showing a solid performance in a challenging economic environment. The Group reported revenues of €22.5 billion, up 2.4% year-on-year, and an operating margin of 13.3%, exceeding its target range. Net profit increased by 7% to €1.7 billion,…

Emirates Steel Arkan posts 18% rise in net profit in 2023

Posted on February 13, 2024February 13, 2024

ABU DHABI: Emirates Steel Arkan, a leading steel producer in the UAE, announced on Tuesday that it achieved a net profit of AED 601.9 million in 2023, an increase of 18% from AED 510.2 million in 2022. The company attributed the growth to higher sales volumes, improved product mix, and operational efficiency. The company also…

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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