Westpac Reports 16.3 Percent Profit Boost
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Australia&#39;s fourth largest bank, Westpac Banking Corp., announced Monday a 16.3 percent rise in net profit in fiscal 2004 and said it was confident of strong performance next year despite intensifying competition.
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American Express Co.  said on Monday fourth-quarter profits rose 17 percent, driven by increased use of its credit cards and strong travel-related sales.
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Bank of Ireland has announced that profits before tax were up 6% from â¬670m in the six months to the end of September last year to â¬713m this year.
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Australian buyout target Qantas Airways Ltd.  raised its annual profit forecast for the third time in six months as fuel prices ease and demand for travel increases.
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Mining giant BHP Billiton reported a record first half-profit of 6.168 billion dollars, up from 4.364 billion in the same period the previous year.
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Phone company Qwest Communications International Inc  said on Tuesday its third-quarter profit rose, helped by a tax benefit and cost cuts.
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American Express Co. AXP.N said on  Monday fourth-quarter profit rose 17 percent, driven by strong  holiday and travel-related sales, as well as gains in its asset  management business.
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LONDON : British satellite broadcaster BSkyB said profit rose by 16 percent in the first quarter as the group enjoyed strong subscriber growth in the run-up to the key Christmas trading period.
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Australian buyout target Qantas Airways  Ltd.  raised its annual profit forecast for the third  time in six months as fuel prices ease and demand for travel  increases.
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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period a year ago, on a modest rise in sales.
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The investment firm reported strong third-quarter earnings.
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WESTPAC said yesterday it was on track with its plans for the first two months of 2005 and expected to deliver strong full-year results, despite intensifying competition.
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WPP Group, the world&#39;s second-largest advertising company, says its first-half profit climbed nearly 16 percent as growth in Asia and the United States counterbalanced sluggish European markets.
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Third-quarter profit rose 11 percent to $640 million, helped by growth in fees from asset management and providing back-office services to institutional clients.
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ABN Amro Holding NV, the largest Dutch bank, said profit rose 26 percent in the third quarter, buoyed by a gain from selling its stake in Bank of Asia Pcl.
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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period  a year ago, on a modest rise in sales.
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AUSTRALIA and New Zealand Banking Group has seen its second-half profit jump 18 per cent following the acquisition of New Zealandâs biggest bank, coupled with a strong demand for credit.