Orica profit trebles to $328m net
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CHEMICAL, paint and explosives manufacturer Orica tripled its net profit in 2003-04, booking a bottom-line result of $327.8 million and forecasting further growth on the back of strong demand from the mining sector.
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E.D.S. reported net income of $189 million, or 36 cents a share, in the quarter that ended Dec. 31. That was down from $217 million, or 40 cents a share, a year earlier.
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Alaska Air Group, the parent of Alaska Airlines, on Thursday reported a quarterly profit, even as high fuel prices cut into earnings at rival carriers.
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The company said fourth-quarter earnings fell from year-ago results that included a one-time gain. But adjusted profit exceeded expectations on Wall Street, driven by higher sales.
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Alcoa yesterday reported third-quarter net income of $283 million, or 32 cents per diluted share, unchanged from the aluminum maker&#39;s results in the year-ago quarter.
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Singapore consumer electronics maker Creative Technology net profit in the September quarter fell 83.5 percent to 4.8 million US dollars, with last year's huge one-time gains magnifying the decline.
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The newspaper publisher and television station operator said  third-quarter profit fell to $2.5 million as ad revenue slumped.
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Diageo, the world's biggest maker of alcoholic drinks, said on Thursday that net profit advanced 8.9 percent in the first half of the group's financial year, boosted by performance abroad.
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The newspaper publisher and television station operator said third-quarter profit fell to $2.5 million as ad revenue slumped.
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Altria Group Inc., owner of the Philip Morris cigarette companies, said Wednesday that second-quarter income fell more than 18 percent but also reported a rise in profit from continuing operations and revenue.
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The biotech company reported net income of $833 million, or 71 cents per share, for the latest quarter.
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Third-quarter profit fell 1 percent, as stronger sales of almost all of the companyâs key drugs could not offset higher production costs and taxes and a restructuring charge.
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The company said profit from continuing operations fell to $614 million as weak demand for calculators outweighed improving sales of advanced phones that use its chips.
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The InterContinental Hotels Group on Tuesday said that net profit almost halved last year to 231 million pounds.
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Safeway Inc. said third quarter net income fell to 35 cents a share from 45 cents a year ago due to the continued impact of the Southern California strike that was settled in the first quarter of this year.
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The cardiovascular device maker said its second-quarter profit, excluding charges, was $271 million, or 18 cents per share, compared with $412 million, or 31 cents per share, a year ago.
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Reported profit of $44 million for third quarter over a loss of $31 million a year ago and predicts 10% increase in sales for the 4th quarter.