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Seplat increases revenue despite fall in average oil price

Seplat Energy PLC on Monday said pretax profit declined in its latest nine-month period, although revenue and production both increased.

The Nigeria-focused oil and gas producer...

Mon, 30/10/2023 - 10:38


TOP NEWS: Airtel Africa raises dividend as operating profit rises

Airtel Africa PLC on Monday hailed a higher operational profit amid increased revenue, while statutory profit fell after the Nigerian naira devalued sharply in June.

The...

Mon, 30/10/2023 - 09:23


TOP NEWS: HSBC launches $3 billion buyback as quarterly profit jumps

HSBC Holdings PLC on Monday reported that quarterly profit more than doubled, but fell short of market expectations, as it prepared to launch a $3...

Mon, 30/10/2023 - 05:14


IN BRIEF: Eutelsat says revenue down but excited on OneWeb merger

Eutelsat Communications SA - Paris-based satellite services provider - Says revenue for its first quarter ended September 30 was down 4.7% to €274.0 million from...

Fri, 27/10/2023 - 21:57


IN BRIEF: Alkemy narrows loss, supplier and customer talks continue

Alkemy Capital Investments PLC - London-based company focused on acquisitions in the mining and technology metals sectors - Reports £1.2 million pretax loss for the...

Fri, 27/10/2023 - 21:39


Global Petroleum shares fall as cash reserves drop but profit narrows

Global Petroleum Ltd shares plunged on Friday, despite reporting annual profit narrowing, as cash reserves have fallen significantly across the year.

In the financial year that...

Fri, 27/10/2023 - 15:37


TOP NEWS: NatWest cuts guide and profit misses amid Farage ‘failings’

NatWest Group PLC shares took a double hit on Friday from a downgrade to its net interest margin guidance, and a damning report into its...

Fri, 27/10/2023 - 09:25


TOP NEWS: BA-owner IAG has ‘record’ quarter despite air traffic snafu

International Consolidated Airlines Group SA on Friday hailed a ‘record third-quarter performance’ that provided money for investment and debt reduction.

The Madrid-based owner of British Airways,...

Fri, 27/10/2023 - 09:18


EARNINGS: Riverstone Credit stays stable, Bloomsbury hails record half

The following is a round-up of earnings updates by London-listed companies, issued on Wednesday and Thursday, and not separately reported by Alliance News:

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Riverstone Credit Opportunities...

Thu, 26/10/2023 - 18:12


IN BRIEF: JPMorgan Global Emerging Markets Income Trust pips benchmark

JPMorgan Global Emerging Markets Income Trust PLC - invests in emerging market companies with higher than average dividend yields - Total return on net assets...

Thu, 26/10/2023 - 16:24


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