#ProfitDrop — Bluesky Posts

@vineturglobal.bsky.social

2 hours ago

Lanson-BCC Reports 32% Drop in 2025 Profits as Champagne Sales and Margins Shrink CEO Warns of Lost French Customers and Rising Costs, Plans Relaunches to Regain Market Share

Lanson-BCC Reports 32% Drop in 2025 Profits as Champagne Sales and Margins Shrink #LansonBCC #ChampagneSales #ProfitDrop #WineIndustry #MarketShare

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Vinetur Global

@vineturglobal.bsky.social

2 weeks ago

Pernod Ricard Reports 15% Profit Drop as U.S. Tariffs and China Slowdown Hit Sales French spirits giant cites weak demand and unfavorable market conditions in its two largest markets for the sharp decline

FYI: Pernod Ricard Reports 15% Profit Drop as U.S. Tariffs and China Slowdown Hit Sales #PernodRicard #ProfitDrop #USTariffs #ChinaSlowdown #SpiritsIndustry

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Vinetur Global

@vineturglobal.bsky.social

3 weeks ago

Pernod Ricard Reports 15% Profit Drop as U.S. Tariffs and China Slowdown Hit Sales French spirits giant cites weak demand and unfavorable market conditions in its two largest markets for the sharp decline

Pernod Ricard Reports 15% Profit Drop as U.S. Tariffs and China Slowdown Hit Sales #PernodRicard #ProfitDrop #USTariffs #ChinaSlowdown #SpiritsMarket

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CARB (Cheeseheads Against Robber Barons)

@carb-action.bsky.social

4 months ago

Tesla profits plunge nearly 40 percent in third quarter Elon Musk's EV car company was buoyed by tax credits and regulatory carbon credits — it can't rely on either going forward.

Great news today - Tesla profits are down! Let's keep up the good work protesting!

#teslatakedown #protest #resist #profitdrop #greatnews

mashable.com/article/tesl...

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Profit Trading USA

@profittradingusa.bsky.social

6 months ago

Lynas Rare Earth clocks 90% drop in annual profit, flags Texas plant doubts Investing.com-- Australia’s Lynas Rare Earths Ltd (ASX:LYC) clocked a bigger-than-expected slide in its fiscal 2025 earnings on Thursday, while also casting doubts on the future of a planned processing plant in Texas. Lynas’ net profit after tax slid 90% to A$8 million ($5.20 million) from A$84.5 million a year ago. The print was also lower than Reuters estimates of A$30.4 million. The sharp profit drop came as Lynas logged substantially higher selling costs in the year, while depreciation costs at key projects Kalgoorlie and Mt Weld also weighed. Lynas flagged “significant uncertainty” over whether construction of the heavy rare earth processing facility at Seadrift, Texas, will proceed. The company said it is negotiating with the U.S. Department of Defense to reach a “mutually acceptable” offtake agreement, although there was no guarantee this could be achieved. Lynas is the largest rare earth producer outside China, and is a key point of focus for the U.S. in sourcing the materials without relying on Beijing. The company and other Australian rare earth producers are expected to benefit greatly from U.S. attempts to diversify the rare earth supply chain. Separately, Lynas announced a A$750 million equity raising, aimed at supporting growth over the next five years. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. That's one option, but what if there are better opportunities hiding in plain sight? Investing.com's ProPicks AI has identified growth stocks that often get overlooked by individual investors. Compare your choice against our global range of AI-selected picks - with 3 out of 4 beating their benchmark index year to date and 98% in the green. Get fresh new picks every month, now available at 50% off while our Summer Sale lasts. Hurry, offer ends soon!

Click Subscribe #LynasRareEarth #Investing #StockMarket #ProfitDrop #TexasPlant

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Profit Trading USA

@profittradingusa.bsky.social

6 months ago

Whitehaven Coal shares fall as FY profit slumps on weaker prices Investing.com-- Shares of Whitehaven Coal (ASX:WHC) fell to a one-month low on Thursday after the miner posted a steep drop in annual profit, with weaker coal prices hitting earnings despite record production following its Queensland acquisitions. The company reported underlying net profit after tax of A$319 million for the year ended June 30, down 57% from A$740 million a year earlier. Sydney-listed shares of the company dropped as much as 4.2% on Thursday to A$6.16, their lowest since July 21. The stock fell for its seventh consecutive session. Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) held steady at A$1.4 billion, but the second half contribution slid to A$400 million from A$1 billion in the first half as markets softened. Revenue rose 53% to A$5.8 billion on higher metallurgical coal sales, yet average realised prices dropped 11-14% across its New South Wales and Queensland operations. The miner declared a fully franked final dividend of 6 Australian cents per share. Whitehaven said coal markets had stabilised and were showing signs of recovery, but flagged further cost controls in fiscal 2026 amid trade uncertainty and soft steel demand. ProPicks AI are 6 model portfolios created by Investing.com which identify the best stocks for investors to buy now. The stocks that made the cut could produce monster returns in the coming years. Is WHC one of them?

Click Subscribe #WhitehavenCoal #StockMarket #Investing #CoalIndustry #ProfitDrop

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Profit Trading USA

@profittradingusa.bsky.social

7 months ago

Valterra Platinum profit drops 81% on lower output, demerger costs Investing.com -- South Africa’s Valterra Platinum (JSE:VAL) reported an 81% decline in half-year profit on Monday, as the mining company faced reduced output and expenses related to its separation from Anglo American (JO:AGLJ) Platinum. The platinum group metals (PGM) producer posted headline earnings of 1.2 billion rand ($67.62 million) for the six months ending June 30, compared to 6.5 billion rand in the same period last year. Valterra’s PGM sales fell by 25% to 1.48 million ounces during the first half of the year. The company attributed this decrease primarily to flooding at its Amandelbult operations following heavy rainfall in February. The miner announced an interim dividend of 2 rand per share, representing a 79% reduction from its payout a year earlier. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Click Subscribe #ValterraPlatinum #StockMarket #ProfitDrop #FinancialNews #Investment

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Profit Trading USA

@profittradingusa.bsky.social

8 months ago

Saudi Arabia’s PIF reports 60% profit drop in 2024 Investing.com -- Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), reported a 60% drop in net profit for 2024 compared to the previous year. The fund’s profit fell to 25.8 billion riyals ($6.9 billion) from 64.4 billion riyals in 2023, according to a statement released Monday. PIF, which manages more than $1 trillion in assets, attributed the decline to high interest rates, inflation, and impairments on certain projects. The fund explained that these impairments were primarily related to changes in operational plans and increases in budgeted costs. Despite the profit decline, the fund’s total assets increased by 18% to 4.321 trillion riyals in 2024, up from 3.664 trillion riyals in 2023.

Click Subscribe. #SaudiArabia #PIF #ProfitDrop #Economy #Investing

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RichardJR

@electricbluesfan.bsky.social

9 months ago

7/8 Musk landed his Doge role after his super PAC donated $200 million to Trump's successful campaign. But polling shows strong disapproval of his federal cuts, with Tesla reporting a devastating 71% profit drop by late April.

#SuperPAC #ProfitDrop

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Profit Trading USA

@profittradingusa.bsky.social

10 months ago