Browsing: profit

Sea Ltd raised the earnings forecast for its e-commerce business after quarterly sales topped estimates, a signal that robust demand from Southeast Asian consumers is helping it fend off rivals.

Peoples Financial Corporation reported modest balance sheet growth but lower profitability for the quarter and six months ended June 30, 2026. Total assets increased to $771,025,000 from $727,121,000 at December 31, 2025, driven by higher loans of $277,162,000 and a larger available-for-sale securities portfolio. Deposits rose slightly to $609,777,000, while Federal Home Loan Bank advances…

Bio Essence Corp. reported a sharp turnaround for the six months ended June 30, 2026, posting net income of $475,450 versus a loss a year earlier, on a more than tripling of OEM service revenues to $1,295,248. Gross profit rose to $789,614, and operating income reached $495,085.

QDM International Inc., a Florida holding company operating an insurance brokerage and referral business in Hong Kong through YeeTah, reported strong growth for the quarter ended June 30, 2026. Revenue was $8.39 million, up 133.4% from $3.59 million a year earlier, driven by more insurance carriers, broader product offerings and additional referral partners.

Samsung’s chip division experienced a 250-fold increase in profits, largely driven by high demand for AI hardware. Other companies like Palantir, Cloudflare, and Hon Hai also reported significant financial growth attributed to similar market demands.

KT’s quarterly operating profit extended a losing streak as costs related to the fallout from last year’s user data breach continued to weigh on its core businesses.

RideNow Group, Inc. reported a return to profitability while continuing to operate as a single powersports dealership segment after exiting its transportation services business at the end of 2025. For the quarter ended June 30, 2026, total revenue was $296.8 million versus $299.9 million a year earlier, but net income was $6.5 million compared with a net loss…

Empresa Distribuidora y Comercializadora Norte S.A. (edenor) reports interim results for the six months ended June 30, 2026 under IFRS in a hyperinflationary context. Revenue reached $1,822,538 million, up modestly from $1,736,009 million, while income for the period was $157,132 million, slightly below $174,953 million a year earlier.

Chunghwa Telecom Co., Ltd. reported solid interim results for the second quarter of 2026 under Taiwan-IFRSs, with consolidated revenues of NT$61,363,474 thousand and consolidated net income of NT$11,266,165 thousand, equivalent to basic earnings per share of NT$1.38 for the three months ended June 30, 2026. For the six-month period, net income was NT$21,873,887 thousand and…

Wealthier shoppers are giving Wayfair an unexpected boost as many Americans remain cautious about the economy and continue cutting backon big purchases.