Q1 earnings begin on a strong note as banks fuel double-digit growth

For a common sample of 164 companies, revenue grew 17.5% on a low base a year ago, the fastest in at least nine quarters. Net profit rose 14.5% year-on-year, marking a second consecutive quarter of double-digit growth. In the year-ago period, revenue and profit had risen by 4.7% and 11.5%, respectively.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Read more at the source

Leave a Reply

Your email address will not be published. Required fields are marked *