profit growth – Charm

Cathay Pacific expects first-half profit to jump 75% to HK$6.5 billion

2 months ago02 mins

Hong Kong flag carrier Cathay Pacific Airways expects its first-half net profit to jump by as much as 75 per cent to HK$6.5 billion (US$829 million) from HK$3.7 billion a year earlier, driven partly by growth in passenger and cargo traffic. The airline said on Wednesday that earnings were also boosted by a one-off gain…

Unity Bancorp (UNTY) Delivers 44.3% Net Profit Margin, Reinforcing Community Bullish Narratives

Cs news12 months ago07 mins

Unity Bancorp (UNTY) posted net profit margins of 44.3%, up from last year’s 39.4%, with earnings growth of 35.9% over the past year and an 11.6% annual average over five years. Investors will note that revenue is forecast to grow 9.8% per year going forward, while earnings are expected to rise 3.25% annually. The stock’s…