Current Expected Credit Loss (CECL) was intended to better reflect expected losses by lenders. Unfortunately, in most cases ...

With this improved balance sheet and gross profit, Volato is in a stronger position to focus on operational execution and advance its innovative private aviation solutions. The company remains ...

EMSTEEL demonstrated resilience in navigating the challenging market environment. EMSTEEL delivers AED 8.3bn in revenue for ...

The substantial growth in profitability was predominantly driven by the strong performance of the group’s core banking ...

off-balance sheet items are not transparent. Under the equity method, the investment is recorded at cost and is subsequently adjusted to reflect the share of net profit or loss and dividends received.

Borouge’s highly differentiated product offering continues to represent a core strength, delivering tangible financial ...

Khazanah Nasional Bhd achieved a profit from operations of RM5.1bil in 2024, driven by disciplined monetisation strategies, ...

With an election looming, Commonwealth Bank wants to hide its light under a bushel. But the gap to its rivals is only getting ...

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations. Looking ...

Bharti Airtel recorded Q3 revenue from operations at Rs 45,129.30 crore, up 19.08 per cent as against Rs 37,899.50 crore ...

With new accounting rules in place, corporate Bitcoin holders like Tesla have more pathways for using BTC as collateral ...

The head of Agricultural suppliers Wynnstay has reflected on a 'disappointing year' for the group amid a number of major ...