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profit

profit Archives

The rise, fall and rise again of businesses serving more than just their shareholders

The history of what – and who – businesses serve reveals that this is an age-old debate, which has raged since the dawn ...

Bega Cheese cuts guidance over drought

Competition for milk increases as many farmers exit the dairy market over drought.

Nestlé expects sales to rise in 2019 following revived growth in US and China

The company also reported positive growth following launches of Nescafé Gold and KitKat Gold in Australia.

Anchor’s sales leap 31 per cent at 11.11 festival

Sales of its cream, cheese and butter doubled to over $1 million.

Alibaba reports 54 per cent year-on-year growth

E-commerce giant reports September quarter results ahead of 11.11 Festival.

Unilever reports boost in sales for third quarter of 2018

Growth accelerated across all three of the company’s core divisions.

PepsiCo to look “critically” at cannabis-infused drinks

PepsiCo CFO was discussing the FMCG giant's plans for its beverage division earlier this week.

ALDI announces UK expansion plans

The supermarket attracted a further 1.1m customers to its UK stores last year.

Drought sends Nufarm to a $15.6m loss

Australia's severe drought dragged sales by nearly 10 per cent.

“Transformative” year for AuMake

Daigou business records gross profit of A$3.1 million.

Bellamy’s boasts $43 million profit

Infant formula maker rebounds from A$809,000 loss in 2017.

Yowie reduces full year loss with profitable trading in sight

The chocolate company reduced its full-year loss by 32%.

Alibaba quarterly profit drops, but revenue rises

Net profit fell 45 per cent in the quarter ended June 30 to US$1.156 billion.

a2 Milk reach record profit

The NZ dairy producer more than doubled its net profit after tax to a record $NZ195.7 million.

CCA says SPC could be sold

The soft drinks giant is exploring new options for fruit and veg business.

Ansell’s full year profit triples to $662.4m

Condom business sale bolsters Ansell's income.

Coles earnings drop nearly 7% as Wesfarmers’ annual profit slumps

The supermarket's food and liquor segment recorded sales growth of 2.1 per cent.

CDS impacts Lion’s half-year profit decline

Lion boss says the beverage company faces challenging conditions in the beer and dairy sectors.

Hershey offloads two of its international businesses

The chocolate company is focused on expanding its US snacks business.

Unilever hampered by Brazil truckers’ strike

FMCG giant releases half year results.