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Aldar reports 25% jump in Q3 net profit amid launch of new projects

Aldar Properties , Abu Dhabi's biggest listed developer, reported a 25 per cent annual jump in its third-quarter net profit as revenue rose during the period, amid the launch of new projects. Net profit attributable to equity holders of the company for the three months to the end of September climbed to Dh1.9 billion ($517.3 million), the…

HSBC net profit rises in Q3 but misses forecasts

Banking giant HSBC on Tuesday said net profit in the third quarter rose a less-than-expected 45.5 percent year-on-year as the London-headquartered lender continued to restructure operations and cut costs. Profit attributable to shareholders for the three months ending in September stood at US$7 billion, from US$4.87 billion a year…

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