Latest News about 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.
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.