British American Tobacco, the world\'s second-biggest maker of cigarettes, announced on Thursday a 24-percent hike in annual net profit. Earnings after tax grew to £3.84 billion ($5.84 billion, 4.45 billion euros) in 2012 from net profit totalling £3.1 billion a year earlier, the maker of the Dunhill, Kent, Lucky Strike and Pall Mall brands said in an earnings statement. \"BAT delivered strong profit growth in 2012, achieved through good pricing and an outstanding improvement in operating margin, partially offset by adverse exchange rate movements,\" chairman Richard Burrows added in the statement. \"Despite the difficult trading conditions in many parts of the world, particularly southern Europe, these results demonstrate the company is in excellent shape and we remain confident that our strategy will continue to deliver superior shareholder returns.\"
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor