profit

24.8% increase in net sales for Asics in first quarter

Published: May 17, 2021

Japan headquartered sportswear corporation Asics has reported increased net sales and gross profit, attributed predominantly to e-commerce sales and sales in major regions.

Stella International to scale up manufacturing of leather goods

Published: March 23, 2021

The Hong Kong manufacturer and retailer of footwear and leather goods has reported revenues of US$1.14 billion for its financial year 2020, ended December 31, down 26.5% compared with 2019.

Volkswagen Group closes 2020 stronger than expected

Published: March 1, 2021

Despite the Covid-19 pandemic, Volkswagen Group closed the 2020 fiscal year stronger than expected through crisis management, rapid recovery in the core Chinese market, and a more stable premium and financial services business.

Toyota upgrades full-year forecasts

Published: February 10, 2021

The Japanese carmaker reported a net profit rise of 50% for the third quarter of its fiscal year 2021.

Record second-half profit for Volvo Cars

Published: February 5, 2021

The automotive manufacturer reported its best-ever second half profit and sales volumes in 2020.

Inditex posts €866 million net profit in third quarter

Published: December 16, 2020

The fashion retail Group said it managed to turn around the impact caused by the Covid-19 pandemic, generating a net profit of €671million in the nine months of fiscal 2020, and €866 million in the third quarter.

Super Tannery net profit halves in third quarter

Published: November 18, 2020

Consolidated net profit for India’s major buffalo leather supplier is reported to have declined 55.35% for the quarter ended September 30, 2020.

Amin Tannery’s net profit down 16.7%

Published: November 16, 2020

Net profit for the tannery located in the Indian state of Uttar Pradesh declined 16.67% in the third quarter of 2020.

Lower demand for “non-essential” products impacting Apex Tannery

Published: November 12, 2020

The lower global demand for crust and finished leather has been attributed to the fall in demand for “non-essential goods”, particularly in the EU, Japan and the U.S..

Toyota posts smallest quarterly profit in nine years

Published: August 25, 2020

For the three months ended June 30, 2020, operating profit for the Japanese carmaker declined 98% to JPY13.9 billion (US$131.73 million).