"We calculated the minimum volume of business that Katherine needed to break even
,+" Hutt recalls.
The company said that it was hoping to break even
due to better underwriting practices.
CEO P Nandagopal said, 'We had originally set break even
target in the eighth year of our operation, but we think we could break even
in the sixth year at the current growing rate.
FirstRand Bank India chief executive for retail & commercial banking, Bouphendra Madhav, said, 'We are hopeful that our commercial (corporate) banking arm will break even
by the end of the next fiscal.
Dealers said that Deutsche Bank sector analysts believe Egg will 'nearly' break even
by the end of this year and are forecasting a pre-tax loss of pounds 4 million for the fourth quarter.
Taiwan Cooperative Bank (5854.TW) has said that it is expecting its joint venture with France-based BNP Paribas (BNPP.PA) to break even
in the next two to three years.
'If we are able to link up with some people to move freight, we will be able to break even
because presently, by the time we inject power from the public power supply, I think our expenses will also come down.
Daimler India Commercial Vehicles, a subsidiary of Daimler AG (NYSE: DAI), is aiming to break even
in 2018, Moneycontrol has reported citing a top company official.
Greater Huddersfield Clinical Commissioning Group (CCG) which organises the delivery of NHS services in the town, plans to break even
at the end of the year.
Scotland's health service is facing a PS35million budget blitz with a battle to break even
before the end of the financial year.
Global Banking News-June 19, 2015--Russia's VTB bank says rate cuts would help it to break even