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Update news profit
A series of large corporations reported a sudden increase in profits in the first quarter of 2021 and a positive outlook for the whole year despite the impact of the Covid-19 pandemic. This was an unusual development but was not too surprising.
Overcoming a stormy year, commercial banks have reported huge profits for 2020. Bank share prices are standing firmly at high levels.
Many local banks have released impressive business results, with many of them being confident that their pretax profits would exceed their targets for 2019.
Q3 finance reports show that a series of banks had unsatisfactory results in foreign exchange trading or took losses.
Credit has been growing steadily in the last nine months, helping commercial banks make fat profits.
Samsung Electronics expects to post record operating profit in the third quarter, helped by strong demand for its memory chips.
VietNamNet Bridge – Raising butterfly lizards is providing a good income to farmers in Ninh Thuan Province since the reptile is in high demand for its meat.
VietNamNet Bridge - Big changes in key personnel at banks have occurred recently, though they have not always been made public.
Google parent Alphabet Inc bested analysts' estimates for third-quarter profit and revenue on Thursday as the search company showed it has honed its core business for the mobile era and is closing in on the next wave of computing.
Yahoo Inc reported better-than-expected quarterly adjusted profit on Tuesday, a boost for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach.
Samsung Electronics Co Ltd on Friday said it expects to take a hit to its operating profit of about $3 billion over the next two quarters due to the discontinuation of its fire-prone Galaxy Note 7 smartphone.
Apple reported a jump in sales in the three months to September. The tech giant's revenue was $51.5bn, up 22% compared with the same period last year.
Internet marketplace giant Amazon reported a surprise profit for the second quarter in a row thanks largely to higher sales in the US.
Amazon shares have surged more than 18% in after-hours trading after it reported a surprise profit and better-than-expected sales figures.
VietNamNet Bridge - It is expected that Vietnam will have 90 golf courses, with every province and city having an average of 1.4 golf courses.
Though NPLs have increased significantly, which forced commercial banks to make higher provisions against risks, they still have reported an increase in profit in the first quarter of 2015 in comparison with the same period last year.
South Korea's Samsung Electronics has forecast a quarterly operating profit of about 5.9 trillion won ($5.44bn; £3.65bn) for the first three months of 2015.
US technology giant Apple has reported the biggest quarterly profit ever made by a public company.
Samsung Electronics has forecast a 60% fall in quarterly operating profit from a year ago, missing estimates, because of slowing Galaxy smartphone sales.
VietNamNet Bridge – While Vietnamese banks are taking their first steps towards the retail banking market, foreign banks continue their expansion at a rapid rate.