#profits

#profits

There is something rotten at the core of our economy when banks can extract €5bn in profits and pay essentially no tax.

Volkswagen has posted a sharp drop in second-quarter profits, citing US tariffs, rising production costs, and an increase in sales of electric vehicles with a smaller profit margin.

Abound reported net profits of £7.5 million, a 25-fold increase from the previous year's £300,000, reflecting the growth of its AI-powered loans platform.

Nintendo reported a 43% decline in profit for the fiscal year through March but expects a turnaround with the Switch console upgrade releasing in June.