Last week, Vietnamese military telecom firm Metfone celebrated 10 years of operating in Cambodia and posted an accumulated revenue of more than $2.2 billion during its nine years in the Kingdom, with an accumulated profit
reaching $300 million.
As an investment platform, Phoenix Finance has already witnessed RMB 80 billion worth of accumulated transactions and boasts over 8 million registered users who have made an accumulated profit
of RMB 3.25 billion.
In addition, on completion of the purchase, OpSec paid the LI shareholders the accumulated profit
on its balance sheet, the equivalent of the dividend they could otherwise have expected.
Also, the AGM resolved that no dividend be paid for the financial year 2016 and that the accumulated profit
of SEK97,529,000 will be transferred on a new account.
Last year, the three largest banks in Macedonia, Stopanska banka Skopje, Komercijalna banka and NLB banka accumulated profit
of around 74 million euro.
Over 2008 to 2015, it posted an accumulated profit
This is going to be executed provided that the shareholders' assembly of Stopanska banka endorses the decision for redistribution of a portion of the accumulated profit
into a profit restricted to distribution to shareholders of 35 million euros.
The total accumulated profit
before appropriation currently stands at OMR3.26 million after tax.
Improvement of the financial results of banks will be a sign for future growth of the economy.The Central Bank announced in its monthly report for the banking system in May that accumulated profit
is rising 0.75% on yearly basis since the beginning of the year.
"By (2014), our total loss since 2007 will have been $1.7 billion, versus the total accumulated profit
of $1.8 billion booked in the first 26 years ...
I am therefore delighted that we are launching the Rasmala Global Sukuk Fund (RGSF) as the first in a series of new products and services." RGSF expects to make semi-annual distributions of accumulated profit
in July and January of each year, while at the same time providing investors with easy access to their money through a weekly redemption window.