Chibuike Oguh Apollo Global Management Inc said on Thursday its second-quarter adjusted net income jumped 75% year-on-year, underpinned by strong growth in earnings from its retirement services business and management fees. Adjusted net income rose to $1 billion, up from $576 million a year earlier. That translated to an adjusted net income per… Continue reading Apollo’s second-quarter earnings surge 75% on upbeat annuities business
Tag: secondquarter
BP logs 70% dip in second-quarter net profit, raises dividend by 10%
BP’s second-quarter profit slumped 70 per cent from a year earlier to $2.6 billion, missing forecasts, as refining margins and oil trading income fell, but still allowing the energy giant to boost its dividend by 10 per cent. Rivals Chevron, Exxon Mobil, Shell and TotalEnergies have also reported sharp drops in quarterly earnings,… Continue reading BP logs 70% dip in second-quarter net profit, raises dividend by 10%