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Business and Finance
Source : (remove) : manilatimes
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Wed, March 5, 2025

by: manilatimes

NN, Inc. Reports Fourth Quarter and Full Year 2024 Results

NN is tracking on pace with its 5-year sales growth and diversification goals and has delivered a 2-year new business wins total of $136 million. The Company has won $13 million in new wins in 2025 YTD and remains on pace with its business development efforts.

by: manilatimes

Prenetics Announces Fourth Quarter and Full Year 2024 Financial Results, Provides 2025 Guidance

CHARLOTTE, N.C., March 05, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) ("Prenetics" or the "Company"), a leading health sciences company, today announced its preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2024, along with recent business updates.
Tue, March 4, 2025

by: manilatimes

Accelerate AI-Native, Amplify Success: Huawei Cloud Unveiled New Cloud Services and Solutions at MWC 2025

The Huawei Cloud Summit, with the theme 'Accelerate Intelligence, Amplify Success', concluded in Barcelona on March 2nd. Huawei Cloud unveiled a series of cutting-edge services and solutions, driving intelligent transformation across diverse industries.
Mon, March 3, 2025

by: manilatimes

eQ Plc has released the 2024 Annual Report and the Remuneration Policy for Governing Bodies

eQ Plc´s Annual Report, which includes the Report by the Board of Directors, the Financial Statements, the Corporate Governance Statement, the Remuneration Report for Governing Bodies and the Sustainability Report, is enclosed to this release and has also been published on eQ's website www.eQ.fi.
Sun, March 2, 2025

by: manilatimes

Ellomay Capital Announces Execution of Project Finance Agreements for its 198 MW Solar Portfolio in Italy

Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol "ELLO". Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe, USA and Israel.

by: manilatimes

CGTN: How did China lay a good foundation for 2025 economic development

Those tasks, apart from driving a dramatic rebound for the Chinese economy, also laid a positive foundation for its 2025 trajectory. Experts have pointed out the adaptability and resilience rooted in China's economy, expressing optimism following the Central Economic Work Conference.
Sat, March 1, 2025

by: manilatimes

SIMPPLE Ltd. Announces Transition of Chief Financial Officer

Chairman of the Board and Executive Director, Kelvin Lee, added "All of us at SIMPPLE thank Sovik for his contribution as CFO. With Gary onboard, I am confident we are able to align our overall cost structure and setting SIMPPLE up for profitable growth."
Fri, February 21, 2025

by: manilatimes

BIR, Customs collections higher in January - Recto

REVENUE collections improved last month, a Cabinet official said, with the Bureau of International Revenue (BIR) and Bureau of Customs (BOC) both posting year-on-year gains.
Wed, February 19, 2025

by: manilatimes

Enlight Renewable Energy Reports Fourth Quarter and Full Year 2024 Financial Results

Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the fourth quarter and full year ending December 31, 2024. The Company's earnings conference call and webcast will be held today at 8:00 AM ET.
Mon, February 17, 2025

by: manilatimes

Spectrotel Announces Key Executive Appointments: Welcomes New Chief Financial Officer and Chief Technology Officer

Spectrotel, Inc., a trusted provider of managed network solutions and comprehensive services, today announced strategic executive appointments, naming Sanjay Patel as Chief Technology Officer (CTO) and Adam Siskind as Chief Financial Officer (CFO),
Wed, February 12, 2025

by: manilatimes

Ascendis Pharma Reports Fourth Quarter and Full Year 2024 Financial Results

COPENHAGEN, Denmark, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Ascendis Pharma A/S (Nasdaq: ASND) today announced financial results for the fourth quarter and full year ended December 31, 2024, and provided a business update.
Tue, February 11, 2025

by: manilatimes

LM Funding America Announces January 2025 Production and Operational Update

TAMPA, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended January 31, 2025.
Tue, January 21, 2025

by: manilatimes

Taxation: Evaluating progress and addressing challenges

In a previous article, I discussed the tax reforms implemented last year as well as the upcoming laws we should anticipate in 2025. As these reforms foster economic growth and drive the future of the Philippines,
Wed, January 8, 2025

by: manilatimes

eQ Community Properties Fund acquired properties from Ilmarinen

Q Community Properties Fund (AIF) has agreed with Ilmarinen Mutual Pension Insurance Company on the acquisition of properties from Ilmar
Sat, December 28, 2024

by: manilatimes

Ending the year strong and proud

AS we approach the end of another year, many of us are left reflecting on the goals we set and the progress we've made. The reality, however, is that life rarely unfolds according to our plans, especially when it comes to personal finance.
Thu, December 26, 2024

by: manilatimes

Hyperscale Data Completes $50 Million of the Aggregate $75 Million Preferred Equity Investment from Ault & Company

In addition to this significant investment, Hyperscale Data is strategically spinning out all of its non-data center and non-Bitcoin mining assets. This move is aimed at refining the Company's core focus and reinforcing its commitment to leading the AI-driven data center industry.
Tue, December 24, 2024

by: manilatimes

Xinhua Silk Road: Chinese securities firm Guotai Junan's MSCI ESG rating upgraded to AAA

Morgan Stanley Capital International (MSCI), an international authoritative indexing organization, has recently upgraded the MSCI ESG (Environmental, Social, and Governance) rating of Guotai Junan Securities Co.

by: manilatimes

Thailand Shines at ACES Awards 2024: Celebrating Leadership, Sustainability, and Innovation Across Industries

BANGKOK, THAILAND - Media OutReach Newswire - 24 December 2024 - The Asia Corporate Excellence and Sustainability (ACES) Awards 2024 spotlighted Thailand's corporate champions, underscoring the country's ascent as a force for sustainable innovation and community empowerment.
Wed, December 18, 2024

by: manilatimes

Broad Arrow Delivers 75% Year-Over-Year Growth in 2024 with $316 Million in Transactions Across Auctions, Private Sales, and Financing

The 1997 Porsche 911 GT1 Rennversion, Broad Arrow's top auction sale of 2024, pictured on the block at the company's Monterey Jet Center Auction (Credit - Kayden Nelson / Courtesy of Broad Arrow Auctions) 86 cars sold via private sale transactions, totaling more than $67 million Underwrote approximately $84 million in new financing transactions

NN, Inc. Reports Fourth Quarter and Full Year 2024 Results

NN is tracking on pace with its 5-year sales growth and diversification goals and has delivered a 2-year new business wins total of $136 million. The Company has won $13 million in new wins in 2025 YTD and remains on pace with its business development efforts.

NN Inc., a diversified industrial company, announced its financial results for the fourth quarter and full year of 2024. The company reported a slight increase in net sales for the fourth quarter, reaching $123.5 million, up from $122.3 million in the same period of the previous year. However, the full-year net sales decreased to $492.3 million from $501.8 million in 2023. Despite the annual sales decline, NN Inc. managed to improve its adjusted EBITDA for the fourth quarter to $13.5 million, compared to $12.1 million in the prior year's quarter, reflecting better operational efficiency and cost management. The company also highlighted progress in its strategic initiatives, including debt reduction and operational restructuring, aimed at enhancing long-term profitability and shareholder value. CEO Harold Bevis expressed cautious optimism about the company's direction, emphasizing ongoing efforts to streamline operations and focus on high-margin opportunities.

Read the Full manilatimes Article at:
https://www.manilatimes.net/2025/03/06/tmt-newswire/globenewswire/nn-inc-reports-fourth-quarter-and-full-year-2024-results/2068129