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YPF’s Losses Narrow, Revenues Jump 72%

YPF’s Losses Narrow, Revenues Jump 72%

Argentinan oil major YPF reported 1H2021 net losses of $486mn vs losses of $810mn in 1H2020. Revenues were up 72% to $3.35bn YoY, beating analysts’ estimates of $3.10bn. YPF attributed its revenue increase to shale production jumping 22% QoQ, primarily as a result of...

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SoftBank’s Quarterly Profits Fall 39%

SoftBank’s Quarterly Profits Fall 39%

SoftBank reported a 39% YoY fall in its Q1 net income to $6.9bn while revenues rose 16% to $13.4bn. SoftBank's earnings showed unrealized gains from the listing of portfolio companies Didi, DoorDash, Full Truck Alliance and Dingdong, though shares plunged last month....

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