Etiket: writeoffs
Major bank HSBC makes record profit despite China write-offs
Hong Kong/London (Reuters) – The major British bank HSBC made a record profit last year despite billions in write-offs in China. Pre-tax profit jumped 78 percent to $30.3 billion, HSBC…
Lenzing warns of special write-offs of up to 480 million euros
The Austrian fiber manufacturer Lenzing AG will have to take write-downs in the three-digit million range in the 2023 financial year. On Tuesday evening, the company announced that the “annual…
Billions in write-offs at Fortum – Russia and Uniper business burdened
shares in this article ESPOO (dpa-AFX) – Because of the consequences of the Russian attack on Ukraine, the Finnish energy company Fortum has written off billions. Overall, the impairments amounted…