ROE

HDBank announces financial statements with profit of $524 million, ROE 24.2%, releases 2024 ESG report

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星期三, 四月 10, 2024

HDBank has announced its audited financial statements for 2023, which show it achieved its best ever results.

Key Points: 
  • HDBank has announced its audited financial statements for 2023, which show it achieved its best ever results.
  • — Photo courtesy of HD Bank
    Profitability ratio ROA is 2% and ROE is 24.2%, both higher than last year and keeping HDBank among the group of leading banks in these crucial indicators.
  • HDBank is the first in Vietnam to publish an ESG report in 2024 as part of its efforts to help Vietnam achieve its commitment of achieving net zero greenhouse gas emissions.
  • HD SAISON Finance Co. Ltd., a joint venture with a Japanese partner, achieved leading business results in terms of profit and safety among financial companies.

EQS-News: DenizBank AG with excellent operating result for 2023

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星期三, 四月 10, 2024

DenizBank AG recorded a strong operating result for 2023 of EUR 154.2 million.

Key Points: 
  • DenizBank AG recorded a strong operating result for 2023 of EUR 154.2 million.
  • DenizBank AG's operating result increased to EUR 154.24 million, more than 61% compared to 2022 (previous year: EUR 95.58 million).
  • Given the dynamic nature of commodity markets, DenizBank AG also places emphasis on providing tailored financial solutions to commodity traders.
  • The customers of DenizBank AG benefit from the Group-internal synergies within the DenizBank Financial Services Group and ENBD.

World Lighting Market Outlook Report 2024-2026 with Fixtures Production, Consumption and International Trade Data at Worldwide Level for 70 Countries for 2013-2022 and 2023 - ResearchAndMarkets.com

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星期二, 四月 9, 2024

The lighting market outlook analyzes, through tables and graphs, data on lighting fixtures production, consumption and international trade at worldwide level as a whole and for 70 considered countries, for the years 2013-2022 and 2023 preliminary.

Key Points: 
  • The lighting market outlook analyzes, through tables and graphs, data on lighting fixtures production, consumption and international trade at worldwide level as a whole and for 70 considered countries, for the years 2013-2022 and 2023 preliminary.
  • In 2024, the global lighting fixtures market is expected to remain stable, followed by moderate growth in 2025 and 2026.
  • The largest 100 global lighting players hold a share of over 40% of the worldwide market for lighting fixtures.
  • The 'Lighting: World Market Outlook' report is structured as follows:
    Basic data presents an overview of the world lighting market in 2022, by main country and geographic regions, including a comparison with selected key macro indicators.

Abacus Life Reports Fourth Quarter and Full Year 2023 Results

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星期四, 三月 21, 2024

ORLANDO, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, today reported results for the quarter and full year ended December 31, 2023.

Key Points: 
  • Total revenue for the fourth quarter of 2023 grew 25% to $23.6 million, compared to $18.8 million in the prior-year period.
  • Adjusted net income for the fourth quarter of 2023 was $5.9 million, compared to $11.0 million in the prior-year period.
  • Adjusted EBITDA for the fourth quarter of 2023 was $11.0 million, compared to $11.1 million in the prior-year period.
  • Total operating expenses for the fourth quarter of 2023 were $20.0 million, compared to $4.4 million in the prior-year period.

DZS Further Transforms Economics of Optical Edge with Launch of Saber 2200 Coherent xHaul Ethernet Switch

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星期一, 三月 18, 2024

DALLAS, March 18, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today introduced its next expansion of the category-defining Saber portfolio – the DZS Saber 2200 transport switch.

Key Points: 
  • DALLAS, March 18, 2024 (GLOBE NEWSWIRE) -- DZS (Nasdaq: DZSI), a global leader of access, optical and AI-driven cloud software solutions, today introduced its next expansion of the category-defining Saber portfolio – the DZS Saber 2200 transport switch.
  • This hardened, high capacity, low latency, Layer 2 solution transforms the economics of deploying the flexible 100G transport circuits necessary for advanced mobile front/midhaul and edge transport.
  • By combining the Saber 2200 with Saber 4400 hardened ROADM, service providers can flexibly scale and transport L2/L3 services over DWDM networks in any environment.
  • DZS Saber 2200 Key Differentiators:
    See the Saber 2200 on display at the Optical Fiber Communication Conference and Exhibition (OFC) taking place in San Diego March 25-28 in DZS booth #1348.

Oportun Reports Fourth Quarter and Full Year 2023 Financial Results

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星期二, 三月 12, 2024

Originations – Aggregate Originations for the fourth quarter were $437 million, a decrease of 28% as compared to $610 million in the prior-year quarter.

Key Points: 
  • Originations – Aggregate Originations for the fourth quarter were $437 million, a decrease of 28% as compared to $610 million in the prior-year quarter.
  • Portfolio Yield – Portfolio Yield as of the end of fourth quarter was 32.7%, an increase of 100 basis points as compared to 31.7% in the prior-year quarter.
  • Revenue – Total revenue for the fourth quarter was $263 million, essentially flat as compared to total revenue of $262 million in the prior-year quarter.
  • Cost of Debt was 7.1% for the fourth quarter of 2023 as compared to 4.8% for the prior-year quarter.

AM Best Affirms Credit Ratings of Misr Life Insurance Company

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星期四, 四月 4, 2024

AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb” (Good) and the Egypt National Scale Rating (NSR) of aaa.EG (Exceptional) of Misr Life Insurance Company (MLIC) (Egypt).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb” (Good) and the Egypt National Scale Rating (NSR) of aaa.EG (Exceptional) of Misr Life Insurance Company (MLIC) (Egypt).
  • MLIC is the life insurance subsidiary of Misr Insurance Holding Company (MIHC).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

MUFG Bank Announces, MUFG Announces New Medium-term Business Plan

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星期一, 四月 1, 2024

MUFG today announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024.

Key Points: 
  • MUFG today announced that it has established a new Medium-term Business Plan (“MTBP”) for the three-year period beginning in FY2024.
  • Since the three years of the COVID-19 pandemic, the business environment has changed at an unforeseen pace.
  • Taking the opportunity offered by this major environmental change surrounding MUFG’s business, the next MTBP period is positioned as “three years to pursue and produce growth”.
  • For more information on our sustainability initiatives, please refer to today’s press release “ Publication of the MUFG Climate Report 2024 and the MUFG TNFD Report, and Other Sustainability-related Initiatives ”.

MUFG Bank, Ltd. Announces MUFG to Introduce Share-Based Compensation Plan for Employees

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星期四, 三月 28, 2024

(1) The Plan adopts a scheme called an employee stock ownership plan (the “ESOP Trust”).

Key Points: 
  • (1) The Plan adopts a scheme called an employee stock ownership plan (the “ESOP Trust”).
  • Each Covered Company shall establish share-based compensation plan rules regarding the Plan.
  • Dividends on MUFG’s shares in the ESOP Trust shall be distributed in the same manner as dividends on other MUFG shares.
  • The voting rights of the MUFG shares in the ESOP Trust shall not be exercised throughout the trust period.

AM Best Affirms Credit Ratings of AXA Mansard Insurance Plc

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星期五, 三月 22, 2024

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of AXA Mansard Insurance Plc (AXA Mansard) (Nigeria).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of AXA Mansard Insurance Plc (AXA Mansard) (Nigeria).
  • The ratings also reflect rating enhancement, in the form of lift, from AXA Mansard’s ultimate parent, AXA S.A. (France).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .