Korea Aerospace Industries (KAI) reports a 35.2% drop in Q2 net profit to 37 billion won due to delayed revenue recognition from aircraft orders, despite a 41% increase in sales to 1.16 trillion won.
Samsung C&T Corp. reports a 73.9% year-over-year increase in Q2 net profit to 915.5 billion won, driven by a diversified business portfolio despite global economic uncertainty.
Chinese battery giant CATL reported record second-quarter revenue of 147.79 billion yuan and net profit of 22.5 billion yuan, up 56.92% and 36.5% year-on-year respectively. However, these figures slightly missed market estimates, attributed to weakening EV demand in China. The company also announced a plan to buy back up to 40 billion yuan in shares.
Samsung Heavy Industries Co. announced a 4.9% increase in its second-quarter net profit, reaching 222.8 billion won, driven by higher-margin vessels like LNG carriers and enhanced productivity. Operating profit surged 58.7%, and sales rose 20.4%. The company plans to integrate digital, AI, and robotics technologies for future growth.
Woori Financial Group announced a 7.4% increase in its second-quarter net profit to 1 trillion won (US$682 million), driven by rises in both interest and non-interest income. This also marks a 66% rise from the previous quarter.
KB Financial Group reported a record-high net profit of 1.99 trillion won (US$1.36 billion) in Q2, up 14.6% year-on-year, driven by increased interest and non-interest income. Its flagship unit, KB Kookmin Bank, saw a 3.2% decline in net profit due to higher loan-loss reserves.
IndusInd Bank reported a 72% year-on-year consolidated net profit surge to Rs 1,037 crore in the first quarter, driven by lower provisions and operating expenses. Despite flat Net Interest Income and declining fee income and advances, the bank improved asset quality and capital adequacy.
Adani Power reported a 42% year-on-year increase in consolidated net profit to Rs 4,806 crore in Q1, with revenue growing 34% to Rs 18,902 crore. The company's board also approved a fundraising of Rs 15,000 crore, driven by rising power demand and higher capacity utilization.
Hong Kong's Cathay Pacific Airways expects its first-half net profit to surge by up to 75% to HK$6.5 billion (US$829 million), driven by increased passenger and cargo traffic, alongside a HK$1.4 billion gain from its Air China interest dilution.
Punjab National Bank's shares rose nearly 6% after reporting a 214% YoY net profit increase to Rs 5,253 crore in Q1FY27, beating estimates. Improved asset quality and lower provisions led brokerages like JM Financial and Motilal Oswal to upgrade/reiterate ratings and raise target prices.
TSMC, the world's largest contract chipmaker, reported record quarterly profits and raised its revenue outlook, driven by robust demand for AI chips. The Taiwan-based company also announced an additional $100 billion investment to expand its advanced chip manufacturing capacity in the US.
Tata Consultancy Services announced a 4.6% rise in net profit and a 13.9% revenue growth for Q1, meeting market expectations. Growth was driven by the financial services sector and the US market. Net profit reached Rs 13,349 crore, including a Rs 668 crore charge from a DXC settlement.
TCS reported $7.6 billion in June-quarter revenue, a 2.7% year-on-year increase. The company saw a 2.7% sequential decline in net profit due to a one-time charge and annual wage hikes impacting operating margins to 24%. Despite cautious tech spending, TCS resumed workforce expansion, adding 9,279 employees.
Digital payments firm PayU anticipates a 25% expansion in total payment value and lending assets under management within 12-18 months, aiming for net profitability across its fintech operations. CEO Anirban Mukherjee projects Rs 6,700 crore revenue for FY26.
The All India Football Federation (AIFF) and Indian Super League (ISL) clubs have agreed to a four-year club-led model for Indian football. A special purpose vehicle (SPV) will manage commercial aspects, with AIFF receiving administration fees and a share of net profits. Clubs can exit the deal after two years.
Shenzhen Longsys Electronics expects net profit of 9.2-11 billion yuan for H1 2023, a massive jump from 14.8 million yuan a year ago. The surge is attributed to strong demand, limited global capacity, and renewed supply agreements.
The Italian State Printing and Mint Institute (IPZS) reported record-breaking results for 2025, with revenues of €574 million, EBITDA of €236 million, and a net profit of €175 million. The Ministry of Economy and Finance (MEF), as the sole shareholder, will receive the highest dividend ever, equivalent to the entire net profit.
British Heart Foundation to close ~150 shops (1/4 of UK stores) and cut jobs due to rising costs and online shift, despite overall 'healthy' financial position, to sustain funding for cardiovascular research.
Remy Cointreau reported a sharp fall in annual profit to €78.7 million, but exceeded analyst expectations. The company's shares rose 12% on the Paris stock exchange following the announcement of a three-year turnaround plan aimed at boosting growth and efficiency.
South Korea's 52 insurance companies (22 life, 30 non-life) reported a combined Q1 net profit of ₩4.48 trillion (US$2.97 billion), up 9.5% YoY, driven by higher investment gains, despite non-life insurers' 12.3% decline.
Swiss luxury giant Richemont closed FY2025-2026 with a net profit up 27% to €3.48 billion. Revenues grew 5% to €22.42 billion, while operating profit rose to €4.49 billion. The company also announced a 10% dividend increase and a special coupon.
ITC's net profit grew 5% YoY to Rs 5,113 crore in Q4 FY26, with revenue up 17% to Rs 21,695 crore, driven by cigarette excise duty. The company recommended a final dividend of Rs 8 per share.
CXMT reported a 719% revenue surge to $7.4 billion and a net profit of $33 billion in Q1, a dramatic turnaround from a loss last year. Its shareholder structure, blending state and private capital, highlights its strategic importance in China's semiconductor supply chain.
South Korean banks saw a slight decrease in net profit for the first quarter, totaling 6.7 trillion won, down 3.9% from the previous year. This dip was primarily driven by a significant fall in non-interest income, despite an increase in interest income.
