AMSTERDAM: ASML Holding NV, a leading supplier in the semiconductor industry, has released its financial results for the first quarter of 2024. For the first quarter, ASML’s total net sales reached €5.3 billion, with a gross margin of 51.0%. The net income for the quarter stood at an impressive €1.2 billion. The company’s quarterly net…
Tag: net income
ArcelorMittal reports strong results for 2023 despite challenges
AMSTERDAM: ArcelorMittal, the world’s leading integrated steel and mining company, today announced its financial and operational results for the year 2023, highlighting its resilience and performance amid a challenging market environment. The Company posted an EBITDA of $7.6 billion and a net income of $0.9 billion for the year, reflecting structural improvements to profitability and…
American Business Bank reports second best year of net income in 25 years
American Business Bank (OTCQX: AMBZ) announced its financial results for the fourth quarter and the full year of 2023. The bank reported a net income of $11.4 million or $1.23 per share for the fourth quarter, an increase of 11% from the previous quarter and a decrease of 19% from the same quarter last year….
Emirates Integrated Telecommunications posts net income of AED 1.44 billion
DUBAI, UAE: Emirates Integrated Telecommunications Company PJSC (EITC) published its financial results for the year ended 31 December 2020 reporting in 2020 a total Revenue of AED 11.08 billion and a Net Income of AED 1.44 billion. EITC’s Capital Expenditure increased by 24.1% year-over-year to AED 1.87 billion, representing a capital intensity of 16.9%, its…
Net Income of Al Baraka Banking Group reaches US$ 180 million in 2019
MANAMA, BAHRAIN: Al Baraka Banking Group BSC (ABG), the leading Islamic banking group with its headquarters in the Kingdom of Bahrain, achieved a net income of US$ 180 million in 2019, while net operating income reached US$ 399 million and total operating income US$ 967 million in the same period. Total assets increased to exceed…