All articles tagged with #profit surge
Originally Published 4 days ago — by CNBC
Samsung Electronics expects its profits to triple in Q4 2022, reaching a record high of around 20 trillion won, driven by a surge in memory chip prices due to booming AI demand and a market shortage, marking a significant boost for the company's financials and market position.
Originally Published 4 months ago — by CNBC
Pop Mart's shares rose 10% after reporting a nearly 400% increase in net profit driven by global demand for its Labubu dolls, with revenue up over 200% in the first half of 2025, despite concerns about the longevity of its IPs and regulatory scrutiny on blind-box toys.
Originally Published 1 year ago — by Bloomberg
Huawei's quarterly profit surged to about 13.9 billion yuan, marking a more than 65% increase from the previous year, as the company continues to gain ground in the consumer business against Apple and in the cloud division against Alibaba.