quarter

Seven-Try Leinster Into Champions Cup Quarter-Finals

December 15, 2019 3:09 pm

Four-time winners Leinster produced a stunning seven-try, 50-21 victory against Northampton in Dublin on Saturday to become the first team ever to qualify for the quarter-finals of the European Champions Cup after just four rounds.

Ireland centre Gary Ringrose scored a hat-trick of tries as the home side blew away the team they beat in the 2011 final.

They moved to 19 points at the top of Pool 1, enough to guarantee them a place in the knockout rounds with two group games still to play.

“Games like that where you go up by 20 points early on, well then

…

Samsung Profits Plunge 56% In Third Quarter

October 31, 2019 3:26 am

Samsung’s operating profit plunged 56% in the third quarter compared to last year as the company continues to struggle with sluggish demand for memory chips. But the company said chip sales should pick up in 2020, drawing a line under the prolonged industry downturn.

The South Korean technology giant on Thursday reported operating profit of 7.8 trillion Korean won ($6.7 billion) for the quarter ending September.

That’s down from 17.57 trillion Korean won ($15.1 billion) for the same period a year ago. Sales fell 5% to 62 trillion won ($53 billion) from the same period last year but improved 10%

…

Royal Exchange Profit Falls By 187% In 3rd Quarter Q3 2019

October 24, 2019 1:37 pm

Royal Exchange Plc has recorded a 187 percent loss for the third quarter (Q3) of the year which ended 30 September 2019.

This was revealed in the insurance company’s unaudited financial statements published on the website of the Nigerian Stock Exchange. According to the financial statement, Royal Exchange generated ₦11 billion in its gross premium income over the past nine months of 2019. However, there was a 0.9 percent decrease compared to ₦11.1 billion which was generated in Q3 2018.

For its Profit Before Tax (PBT), the underwriting firm recorded a loss before tax of ₦72.8 million in Q3 2019, …

FG Records Over $9.29bn Investment Inflow In Third Quarter

October 15, 2019 6:32 am

Over $9.29 billion worth investments came into the nation’s economy in the third quarter (Q3) of 2019, according to the Nigerian Investment Promotion Commission (NIPC’s) July to September 2019, Newsletter.

Broken down, NIPC said a total of 13 projects across four states and offshore Nigeria were announced by investors from four countries.

The investments, however, fall short by a whopping $63.79billion year-on-year to Q3 2018, which recorded about $73.08 billion inflows into the country.

Specifically, some of the investments included the Aiteo Eastern Exploration and Production Company over $5 billion in crude exploration; and Sterling Oil Exploration and Energy Production …