Petroleos Mexicanos posts nearly $25 bn surplus in 2011
Tweet Mexico City: Petroleos Mexicanos, or Pemex, said Tuesday it posted a trade surplus of $24.99 billion in 2011, up 28 percent from the prior year. Exports totaled $55.79 billion, while imports came in at slightly more than $30.8 billion, the state-owned oil giant said in a preliminary statistical report on its performance last year. [...]
Tweet Moscow: Apple has posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion in the first quarter of the fiscal 2012 which ended Dec 31, 2011. The company said in a statement Tuesday that it had achieved an all-time record in quarterly sales of its iPhones, iPads and Mac [...]
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Tweet San Francisco: Hewlett-Packard Co. (HP) has reported that its profit in the most recent quarter fell more than 90 percent with sales also declining. In the company's fourth quarter of fiscal 2011 ended Oct 31, the company Monday posted net earnings of $239 million, compared with $2.54 billion in the same period a year [...]
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Tweet Bangalore: Wipro Ltd reported net profit of Rs.1,301 crore (Rs.13 billion) for the second quarter (July-September) of this fiscal (2011-12), registering a marginal one percent year-on-year (YoY) as per the Indian accounting standard. In a regulatory filing Monday, the IT bellwether said its total revenue for the quarter under review (Q2), however, increased 18 [...]
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Tweet New Delhi: Automobile giant Maruti Suzuki Saturday reported a decline of 59.81 percent in its net profit for the quarter ended Sep 30 due to the prolonged labour unrest and strike by workers at its Manesar facility during the period. The company posted a net profit of Rs.240.44 crore for the quarter ended Sep [...]
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Tweet Seoul: LG Electronics said Wednesday that its earnings turned into the red in the third quarter due to struggling smartphone business. Consolidated operating loss, which includes losses from its units, stood at 31.89 billion won ($28.2 million) during the July-September period compared with an operating profit of 158.23 billion won three months earlier, according [...]
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