Financial Results – Page 8463 – I wish I had more to offer

Orexo Interim Report Q4 2022, incl. Full Year Report

UPPSALA, Sweden, Jan. 26, 2023 /PRNewswire/ — Important steps forward in a challenging environment Q4 2022 highlights Total net revenues of SEK 156.1 m (144.0) EBITDA of SEK -53.1 m (-48.5), EBITDA excluding legal costs and costs for non-repeating clinical trials, SEK -0.1 m (-10.5) Net earnings of SEK -91.8 m (-66.0) … Continue reading Orexo Interim Report Q4 2022, incl. Full Year Report

Orexo Interim Report Q4 2022, incl. Full Year Report

Indonesian SaaS startup iSeller raises $12m Series B, eyes profitability in three yearsThe Series B round was led by Intudo Ventures.

iSeller, an Indonesian omnichannel sales SaaS startup, has raised $12 million in a fresh funding round while setting its sight on achieving profitability in the next three years on the back of healthy growth bolstered by robust economic activities in the archipelago. The company announced its Series B funding round on Thursday led by Intudo… Continue reading Indonesian SaaS startup iSeller raises $12m Series B, eyes profitability in three yearsThe Series B round was led by Intudo Ventures.

Wizz Air says average fares up, bookings rise

LONDON, Jan 26 (Reuters) – Hungarian budget airline Wizz Air (WIZZ.L) said average fares for 2023 were higher than last year on booking volumes which were also ahead. The airline said its revenue more than doubled to 911.7 million euros ($994.3 million) in the three months to end-December, while passenger numbers increased 59% to 12.39… Continue reading Wizz Air says average fares up, bookings rise

Volvo Group – the fourth quarter and full year 2022

GOTHENBURG, Sweden, Jan. 26, 2023 /PRNewswire/ — “In 2022, the Volvo Group delivered strong growth as well as good profitability and cash flow. For the full year, we increased net sales by over SEK 100 billion to SEK 473 billion and the adjusted operating income to SEK 50.5 billion (41.0). The adjusted operating margin amounted to… Continue reading Volvo Group – the fourth quarter and full year 2022

CSX railroad profit up 9% on higher fuel surcharges, rates

CSX said its revenue increased 9% to hit $3.73 billion, which was in line with Wall Street expectations. CSX hauled in 9% more profit in the fourth quarter as the railroad hauled less cargo but charged higher shipping rates and tacked on more fuel surcharges. The Jacksonville, Florida-based railroad said Wednesday that it earned $1.02… Continue reading CSX railroad profit up 9% on higher fuel surcharges, rates

FAME subsidy should be there till EV penetration touches 10%: Greaves Electric CEO

The company has retailed 70,390 two and three wheelers as of year-to-date (YTD) FY23. The government subsidy for the purchase of electric vehicle (EV) to the vehicle makers should continue till the market reaches an EV penetration of 8-10 per cent, said a top official of Greaves Electric Mobility Private Ltd. “FAME (Faster Adoption and… Continue reading FAME subsidy should be there till EV penetration touches 10%: Greaves Electric CEO

Tata Motors’ target of achieving net zero automotive debt by FY24 on track: Group CFO

“We remain committed to that. We do see a stretch with respect to JLR given that it has lost about six to eight months because of the semiconductor issue,” Balaji said while addressing a quarterly earnings conference call. Tata Motors‘ target of achieving net zero automotive debt by FY24 is on track for the domestic… Continue reading Tata Motors’ target of achieving net zero automotive debt by FY24 on track: Group CFO

Rajasthan to have 13 new industrial areas along Mehsana-Bathinda gas pipeline route

Rajasthan is the second-largest natural gas producing state in India. Rajasthan State Industrial Development and Investment Corporation (RIICO) will develop about 13 new industrial areas along the Mehsana-Bathinda gas pipeline route to give a push to the industrial infrastructure in the state, an official said. These areas will be the hub of furnace-based industries, which… Continue reading Rajasthan to have 13 new industrial areas along Mehsana-Bathinda gas pipeline route

Untitled

PARIS/TOKYO, Jan 26 (Reuters) – French carmaker Renault (RENA.PA) and its Japanese partner Nissan (7201.T) are closing in on an overhaul of their automaking partnership, in what could mark a sweeping reset of their two-decade alliance. The partnership, which has grown to include junior member Mitsubishi Motors (7211.T) , was founded in 1999 and long… Continue reading Untitled