Dossier
operating profit
Coverage of operating profit in the Nexus archive.
- H&M's turnaround hit a speed bump as one-off costs dragged down earnings and sales fell short
H&M's operating profit remained flat at 5.91 billion kronor year-on-year due to one-off restructuring charges of 679 million kronor, leading to a sales shortfall.
- China’s Tiger Brokers reports strong results, with no mention of trading crackdown
Tiger Brokers reported a 17.5% year-on-year increase in first-quarter operating profit to $47.6 million and a 26.3% rise in revenue to $154.9 million, driven by a 536% surge in Hong Kong trading. The announcement made no mention of potential regulatory action from China’s securities regulator over alleged unlicensed cross-border trading services.