Browsing: profit

McKinsey’s 2026 survey found 80% of respondents said AI improved their individual productivity, but only 37% reported AI contributing to their organization’s EBIT, a share essentially unchanged from the prior year. Deloitte’s parallel 2026 research found companies split between surface-level AI use (37%), redesigning key processes (30%), and deeper transformation of products or business models…

Mortgage Advice Bureau has cut its profit expectations for 2026, warning that an anticipated recovery in the housing market has failed to materialise.

On August 7, Claritev Corporation (NYSE:CTEV) reported second-quarter results that beat its own targets, marking five consecutive quarters of year-over-year revenue growth. Revenue for the quarter ended June 30 climbed 6.6% to $257.5 million, and management used the momentum to raise full-year guidance for the second time this year. The number that matters most, though,…

Benjamin Fitzgerald Published September 7, 2026Reading time 2 minutes DownloadPrintText size

SenseTime SenseTime posts first-half profit on AI tools AI productivity tools drove 617M yuan net profit Recurring revenue surged 124% to near 40% of sales Stock video by AlexKopeykin

KT Corporation’s first-half 2026 revenue and profit declined year-on-year, but the group still generated strong operating cash flow and modest growth in total assets and equity.

The better than projected financial performance was primarily driven by effective cost control, total electricity generation remaining above target throughout the year, and successful portfolio management through power trading, according to the financial report for 2025.

POSCO HOLDINGS INC. (PKX) reports solid results for the six months ended June 30, 2026 under K-IFRS. Consolidated revenue reached KRW 37,134,791 million, with operating profit of KRW 1,525,845 million and profit attributable to owners of the parent of KRW 1,151,960 million, yielding EPS of KRW 15,233.

Shopify (SHOP) drops 4% to $147 on pure profit taking after an 18% monthly run fueled by 76% B2B GMV growth in Q2.

Baozun delivered a significant profitability inflection during the second quarter of 2026, swinging from an operating loss to operating income as its E-Commerce business generated substantially higher profit and its Brand Management operation continued expanding around Gap in Greater China.