Net profit of United Parcel Services in the first quarter decreased by 17.4%

The world's largest express delivery service, United States company United Parcel Service, following the results of the first quarter, reported the decline in net profit due to the costs of business reorganization, as well as due to bad weather conditions in the United States. The figure for the first quarter of last year fell by 17.4% to 1 billion 111 million dollars. Calculated per share, the profit amounted to 1 dollar 28 cents, not reaching the experts' forecast of 1 dollar 41 cents per share. Revenue for the quarter was at 17 billion 160 million dollars, rising by 0.3% over the year. Economists had predicted a figure of 17 billion 780 million dollars. The parcel delivery service in the United States brought the company $10.480 billion in revenue, which grew by 2.5% over the year. Moreover, its operating profit declined by 12%. International business recorded revenue growth of 1.2% to 3 billion 460 million dollars.

26.04.2019
interessante

Sino-U.S. Trade Hopes rally Asian stocks

Sino-U.S. Trade Hopes rally Asian stocks Asian stocks rallied on Monday’s morning trade as China and the U.S. seemed close to agreeing on a “phase one” trade deal. The Office of the U.S. Trade Representative (USTR) said on ...
28.10.2019

Vietnam imposes duties on Chinese and South Korean steelmakers

Vietnam imposes duties on Chinese and South Korean steelmakers Vietnam had imposed five-year tariffs on Chinese and South Korean color-coated steel products after domestic producers said unfair pricing from overseas competitors forced them ...
28.10.2019

AIA’s share price climb following release Q3 business results

AIA’s share price climb following release Q3 business results Share prices of the Hong Kong-based insurer AIA Group Ltd climbed up 4% in Aisa after it had posted business results in the three months to September 30. In a statement released ...
28.10.2019

Oil prices slide despite easing Sino-U.S. trade tensions

Oil prices slide despite easing Sino-U.S. trade tensions Oil prices slid down on Monday in Asia despite easing Sino-U.S. trade tensions. China’s Office of the U.S. Trade Representative (USTR) said on Friday that Beijing and Washington ...
28.10.2019

Glencore to trim copper and zinc production targets

Glencore to trim copper and zinc production targets Glencore PLC said that it would produce slightly less copper and zinc in the year than initially planned. The world’s biggest commodity trader has trimmed their production targets from ...
25.10.2019
errore
Contattaci con noi