Credit cards shine in their past light
Credit card owners, after the end of the crisis pay their debts more precisely and also spend more, which can already be seen in the profits of the world's largest card company the American Express.
The company's after tax profit has tripled in the second – rather weak – quarter, and reached one billion USD. Last year, in the second quarter, after-tax profit was 337 million USD meaning a 9 cents per share profits, which is now 84 cents per share. The company's revenue rose by 13 percent to 6.86 billion USD – reports privatbankar.hu.
Related news
More related news >
Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >