Page 211 - Cfo News Today

Christine Ha is the new chief financial officer for Chappellet.

CFO Picked for Premier-Chrysaor Tie-up Jan 25, 2021 9:05:am Summary by: Joe Murphy Posted in: CFO Picked for Premier-Chrysaor Tie-up Alexander Krane has been appointed as the CFO of the new company due to be formed from the merger of Premier Oil and Chrysaor, the North Sea producers reported on January 25. Krane will replace Richard Rose, currently Premiers interim CEO and finance director, once the merger is completed or on April 15 if the transaction is closed before that date. Krane has work...

Quarterly profits rose to a record in Q3 while sales fell 8% due to transfer of a biz unit and impact of Covid.

A bridge too far, as six Joburg Roads Agency officials are suspended Agency incurred more than R418.7m in irregular expenditure to fix roads, potholes and bridges, according to report 20 January 2021 - 19:30 Six officials, including the CFO and head of corporate services at the Johannesburg Roads Agency (JRA), have been suspended after an investigation into R418.7m in irregular expenditure. A report compiled by the JRA’s internal audit unit shows how contracts to fix the city’s ...

Tejas Networks rose 3.68% to Rs 142.25 after the company reported a consolidated net profit of Rs 9.23 crore in Q3 FY21 as against a net loss of Rs 112.06 crore in Q3 FY20. Net sales jumped 55.6% year-on-year (YoY) to Rs 134.88 crore during the quarter. The company posted a pre-tax loss of Rs 9.23 crore in Q3 December 2020 as compared to a pre-tax loss of Rs 14.78 crore in Q3 December 2019. Sanjay Nayal, managing director and CEO of Tejas Networks, said, "We continued to build on our momentum o...

Hindustan Zinc reported 35.80% jump in net profit to Rs 2,200 crore on a 27.86% increase in revenue from operations to Rs 5,915 crore in Q3 FY21 over Q3 FY20.Profit before tax in Q3 December 2020 stood at Rs 2,945 crore, up by 40.57% from Rs 2,095 crore in Q3 December 2019. Current tax expense jumped 42.18% YoY to Rs 509 crore in the third quarter. The company said that the increase in revenue was led by higher metal volumes, higher zinc & silver prices and rupee depreciation partly offset by l...

Post Office CFO resigns after three months on the job The post office has been hamstrung by acute management and financial problems that have left it on the brink of collapse BL PREMIUM UPDATED 14 January 2021 - 18:06 The SA Post Office’s CFO, Khathutshelo Ramukumba, has resigned from the embattled state-owned entity (SOE) after three months in the role, deepening leadership instability at the postal utility. The Post Office board confirmed on Thursday that Ramukumba resigned with ...

TechnipFMC CFO Resigns, Replacement Named Jan 14, 2021 7:30:am Summary Mannens decision to leave comes as the group prepares to split itself into two independent companies. by: Joe Murphy Posted in: TechnipFMC CFO Resigns, Replacement Named London-headquartered services group TechnipFMC announced on January 12 that its CFO Maryann Mannen had resigned and would be replaced by Alf Melin, who has been with the company since 1995. Mannen has held the post since 2017. Pr...

Post Office CFO resigns after 3 months ANDISIWE MAKINANA"> By ANDISIWE MAKINANA - 14 January 2021 - 13:33 The Post Office has been hit by the resignation of another senior executive. Image: Gallo Images/Foto24/Felix Dlangamandla Leadership instability at the SA Post Office (Sapo) is set to continue as its CFO has quit after just three months in the job. SowetanLIVEs sister publication TimesLIVE has learnt that Khathutshelo Ramukumba, who was appointed in October, re...

Read more about Wipro Q3 PAT rises 20% QoQ to Rs 2,968 cr on Business Standard. The IT major reported 20.37% rise in consolidated net profit to Rs 2,968 crore on a 3.68% increase in revenue to Rs 15,670 crore in Q3 December 2020 (Q3 FY21) over Q2 September 2020 (Q2 FY21).