Australia retail sales rise 0.3% in Q4, but trend remains weak

[ad_1]– Australian retail sales rose slightly in the fourth quarter of 2023, aided by increased discounts during the holiday season, although overall retail turnover during the quarter remained close to three-year lows  grew 0.3% quarter-on-quarter in the three months to December 31, data from the Australian Bureau of Statistics (ABS) showed on Tuesday. The … Read more

China services activity grows slightly below expectations in Jan- Caixin PMI

[ad_1]– Chinese service sector activity grew less than expected in January, a private survey showed on Monday, with the pace of growth slowing slightly from December amid persistent headwinds from a sluggish economic recovery. The (PMI) grew 52.7 in January, missing expectations for a reading of 53 and slowing from the 52. 9 seen … Read more

Australia trade balance beats expectations in Dec as exports improve

[ad_1]– Australia clocked a bigger-than-expected trade surplus in December as improved offshore demand for fuels and metals helped push up exports, while increased consumer spending during the year-end holidays supported imports.  The country’s showed a surplus of A$10.96 billion in December, data from the Australian Bureau of Statistics showed on Monday. The reading was … Read more

Vardhman Special Steels’ Q3 FY2024 Report – EBITDA Margin Remains Resilient

[ad_1] By Aayush Khanna Vardhman Special Steels Limited, a leading producer of special steels for automotive, engineering, tractor, bearing, and allied industries in India, announced its unaudited financial results for the third quarter and nine months ended 31 December 2023, during a Board meeting held on 2 February 2024. For the quarter ended 31 December … Read more

Affle’s Strong Growth Trajectory: Q3 FY24 Performance Highlights

[ad_1] “Affle’s Strong Growth Trajectory: Q3 FY2024 Performance Highlights and Strategic Vision” Affle’s Q3 FY24 showcased impressive growth, with consolidated revenue reaching INR 498.7 crore, marking a 32.6% increase year-on-year and a 15.6% increase quarter-on-quarter. EBITDA rose to INR 96.7 crore, up by 20.3% year-on-year and 10.9% quarter-on-quarter, with an EBITDA margin of 19.4% in … Read more