Category : Search result: profit decline

Nigerian Insurer Defies Economic Challenges, Grows Premium to N15.3 Billion

Nigerian insurer grows premium to N15.3b amid challenges

Despite Nigeria's tough economic climate, a leading insurance company reports impressive 15% premium growth, reaching N15.3 billion while maintaining strong profitability metrics.

30/10/2025 02:08

Samsung Records Whopping 32% Profit Jump! See How Tech Giant Defied Economic Odds

Samsung Profits Jump 32% in Q1 2024

Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.

30/10/2025 02:22

Meta Stock Plummets: How a ₦2.4 Trillion Tax Charge Wiped Out Profits

Meta Stock Plummets After ₦2.4 Trillion Tax Hit

Meta Platforms faces massive profit decline as €1.9 billion tax charge from European operations sends shares tumbling. Discover how this impacts investors and the company's financial future.

29/10/2025 21:55

Spain's Santander Bank Shatters Records with Massive ₦16.8 Trillion Profit!

Santander Bank Posts Record €11.1 Billion Profit

Spanish banking giant Santander reports historic €11.1 billion profit for 2023, driven by strong European and American markets. See how this impacts global banking.

29/10/2025 11:57

BASF Demands EU Cut Red Tape as Chemical Giant Reports Profit Decline | Legit.ng

BASF Profit Dips 37%, Demands EU Cut Red Tape

German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.

29/10/2025 11:33

Mercedes-Benz Profit Plunge: Nexperia Chip Supply Assurances Amidst Market Challenges

Mercedes Profit Plunge: Nexperia Chips Assured

Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.

29/10/2025 10:41

Mercedes-Benz Profit Crashes 30% as China Sales Collapse and EU Tariffs Bite

Mercedes-Benz Profit Dives 30% Amid China Slump

German luxury automaker Mercedes-Benz reports massive profit decline amid Chinese market struggles and new European Union tariffs on electric vehicles.

29/10/2025 09:12

Deutsche Bank Smashes Records with Whopping €5.7 Billion Profit!

Deutsche Bank Posts Record €5.7 Billion Profit

Germany's banking giant Deutsche Bank reports historic €5.7 billion profit driven by strong trading and investment banking performance in 2023.

29/10/2025 08:21

Airtel Africa's Profit Soars to $376 Million as Data Demand Surges Across the Continent

Airtel Africa Profit Soars to $376M on Data Surge

Airtel Africa reports impressive 11% subscriber growth and $376 million profit, driven by massive data consumption increases across its African markets.

29/10/2025 02:15

NGX Suffers N91 Billion Loss as Investors Cash In on Recent Gains

NGX Loses N91bn as Investors Cash Out

The Nigerian Exchange witnessed significant profit-taking activities this week, resulting in a staggering N91 billion decline in market capitalization amid mixed trading sessions.

29/10/2025 00:27