(MENAFN - ING) Exports post second month of double digit gains
Trade figures for January showed exports gained more than expected, posting a 12.2% expansion while imports were down yet again, contracting by 6.5%. Imports were down for the 19th straight month with subdued demand for capital imports weighing on the overall import total, a trend that suggests a loss of potential GDP output down the line. With exports posting strong gains while imports remain downbeat, the trade balance was in surplus once more, hitting +$1.96 bn to open the year. Strong showing for exports helps keep the trade balance in surplus
Badan Pusat Statistik
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TORONTO, ON / ACCESSWIRE / February 11, 2021 / AirIQ Inc. ( AirIQ ) (TSXV:IQ), a supplier of wireless asset management services, today announced its financial results for the three months and nine months ended December 31, 2020, reporting increases in recurring revenue of 11%, total revenue of 4%, gross profit of 13%, gross margin of 6%, operating profits of 16%, net income of 15%, cash balance of 5% and working capital of 6%, when compared to the same period the previous year. We are very pleased with our results this quarter, representing increases in almost all of our key operating metrics, stated Michael Robb, President and Chief Executive Officer of the Company. Despite the ongoing uncertainty due to the COVID-19 pandemic, the Company continues to move forward through the dedicated work of our team and the broadening of our product offering, such as the previously announced camera and battery operated devices, continued Mr. Robb.
Coca-Cola beats profit estimates and forecasts a return to sales growth in 2021 Nivedita Balu Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Coca-Cola Co on Wednesday forecast a return to organic revenue growth this year after a torrid 2020, betting vaccine rollouts across the world will encourage consumers to return to cinemas and sporting events that drive a chunk of its sales.
The company depends on non-retail channels for over a third of its sales, but the health crisis limited restaurant operations, forced cancellation of events and kept consumers largely indoors, causing a 9 per cent drop in organic sales last year.