#Financialperformance

[kazifatagar]

MISC Records RM338.9m Q3 Net Profit

MISC Bhd reported a Q3 2024 net profit of RM338.9 million, down from RM430.4 million in Q3 2023, with revenue declining 11% to RM2.96 billion. The drop was due to reduced revenue from a floating production, storage, and offloading unit (FPSO) in the offshore segment, lower freight rates, and currency translation losses as the ringgit strengthened against the US dollar. The offshore segment…

[news-of-news]

Stock Update: Angel One Shares in Focus After Strong Q2 Results

Angel One's shares are expected to attract attention on Tuesday following the company’s impressive financial performance for the quarter ending September 30, 2024.

The domestic brokerage reported a net profit of ₹423 crore for Q2FY25, a 39% increase from ₹304 crore in the same period last year. Additionally, total revenue from operations rose by 44.5% to ₹1,515 crore, up from ₹1,048 crore a year ago.

#AngelOne #StockMarket #QuarterlyResults #FinancialPerformance #Investing #ProfitGrowth #RevenueIncrease #AngelOneSharePrice #AngelOneShare #MotilalOswalShare #AngeloneSharePrice

[secretstalks]

Policybazaar growth strategy and financial results

PB Fintech, the parent company of Policybazaar, reported robust financial performance for the April–June 2024 quarter. The company's revenue surged 52% year-on-year to Rs 1,010 crore, a notable increase from the previous year. Additionally, PB Fintech achieved a net profit of Rs 60 crore, reversing a loss of Rs 12 crore from the same period last year.

Despite the profit, PB Fintech opted to reinvest Rs 25 crore into its core online insurance business, aiming to enhance its capacity for growth. CEO Yashish Dahiya likened the company's growth phase to that of a child's, emphasizing the importance of not curbing growth investments. This strategic choice meant the company could have posted a higher net profit of Rs 90 crore but chose to prioritize expansion.

The company experienced a significant 61% year-on-year increase in total insurance premiums, reaching Rs 4,871 crore. This growth was primarily driven by strong performances in the health and life insurance segments. New premiums are growing at an impressive rate of 78%, double that of renewals.

However, the quarter saw a sequential revenue decline of 7.5% compared to January–March 2024, which Dahiya attributed to a seasonal uptick in health insurance purchases or renewals before the fiscal year-end.

In terms of expenses, employee benefits rose by 18% to Rs 455 crore, and advertising and promotional spending increased by 23% to Rs 245 crore. This rise in expenditure follows a period in FY24 when the company had reduced advertising costs to focus on profitability.

Policybazaar's impact is substantial, representing 15-20% of insurance claims submitted to healthcare facilities. The company plans to leverage this scale by establishing direct relationships with hospitals and is set to introduce a new product, although specifics were not disclosed. Dahiya highlighted a shift towards valuing customers based on their lifetime value, starting with their insurance premiums.

In addition to Policybazaar, PB Fintech operates Paisabazaar, a lending platform. Paisabazaar's business grew by 8% during the quarter, which was below the projected 10% growth. The platform facilitated loan disbursements of Rs 3,100 crore, marking a 25% decline from the peak of Rs 4,139 crore recorded in the previous year. Paisabazaar is focusing on improving its secured lending segment, such as home loans and loans against property, though progress has been slow.

PB Fintech also wrote off Rs 44 crore related to its investment in MyLoanCare, an NBFC previously linked with Paisabazaar. Dahiya admitted that the company had overextended by acquiring a 70% stake in MyLoanCare, suggesting that a stake of 22-35% would have been more appropriate.

Looking ahead, PB Fintech will not distribute cash to shareholders via dividends or buybacks until March 2026, despite having cash reserves exceeding Rs 5,200 crore. The company also announced the appointment of Dhruv Shringi as an independent board director. Shringi, the founder and CEO of Yatra, previously worked with Dahiya at Ebookers.

Following the earnings announcement, PB Fintech’s shares rose 8%, reaching a new 52-week high of Rs 1,552 on August 7.

READ MORE

[journalheads]

IRCON International: Axis Securities lists the stock as top 'momentum pick', sees up to 17% upside – here's why

After an almost 255 percent surge in railway stock IRCON International in a year, brokerage house Axis Securities has chosen it as one of its top 'momentum picks'. The brokerage has set target of ₹313-325 for the stock, implying an upside of up to 17 percent. As per the brokerage, IRCON on a daily chart has broken above the "Rounded Bottom" pattern at ₹282, signaling a continuation of its medium-term uptrend. Its volume declines during pattern formation, but increases at breakout, indicating an influx of market participation. The stock is exhibiting a pattern of higher high-low formations on a daily chart while maintaining a position above a medium-term upward-sloping trendline, suggesting a sustained uptrend. The stock's ability to maintain levels above key short and medium-term moving averages (20, 50, 100, and 200 days) signals a positive bias in its trajectory, noted Axis Securities. The daily Relative Strength Index (RSI) is holding above its reference line, indicating positive bias in the stock. Following the breakout from the Rounded Bottom pattern, the stock is expected to continue a medium-term uptrend, for the target set at ₹313-325, predicted the brokerage.

Earnings In the March quarter (Q4FY24), the engineering and construction company posted a marginal 3.8 percent decline YoY in its consolidated net profit to ₹246.8 crore as against ₹256.49 crore in the same period a year ago.

Meanwhile, its consolidated revenue for the operations for the March quarter (Q4 FY24) also declined a percent to ₹3,742.71 crore versus ₹3,780.66 crore last year in the same period. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached ₹424 crore, marking a 14.7 percent YoY increase from ₹370 crore in Q4FY23. This growth reflects the company's improving financial health and operational efficiency. Additionally, the EBITDA margin was recorded at 10.9 percent, indicating a stable profitability ratio and efficient cost management during the period.

As of March 31, 2024, the total order book stands at ₹27,208 crore. This amount is distributed across various sectors, with the railways sector accounting for the largest portion at ₹21,158 crore.

The company also recommended a final dividend of ₹1.30 per equity share on the face value of ₹2 per share. Meanwhile, the company reported an overall 19 percent YoY increase in net profit to ₹929 crore for the year-ended FY24.

Stock Price Trend Just in 2024 YTD, the stock has surged over 75 percent, giving positive returns in 3 of the 5 months so far and negative in the remaining 2.

The scrip jumped almost 12 percent in May so far, extending gains after a 14 percent rally in April. However, it fell 4 percent in March and 3.4 percent in February. Meanwhile, it soared 38.5 percent in January this year.

The stock hit its record high of ₹301.40 in the previous session, May 21, after posting strong March quarter results. Meanwhile, it has advanced over 269 percent from its 52-week low of ₹78.41, hit on May 24, 2023. In the long term, last 5 years, the stock has skyrocketed over 585 percent, meanwhile, it has soared over 486 percent in the last 3 years.

[albertjordan88]

Letsdiskuss:- Canara Bank Q4 Financials: Navigating the Banking Sector

In the fourth quarter of the fiscal year 2022-23, Canara Bank reported a net profit of ₹1,666 crore, marking a significant increase of 65.8% compared to the same period in the previous year. This impressive growth can be attributed to various factors, including improved asset quality, efficient management of non-performing assets (NPAs), and a focus on enhancing operational efficiencies. Read more (Canara bank)

[phonemantra-blog]

Melco Resorts & Entertainment (Melco), a leading developer and operator of integrated resort facilities, has announced the appointment of Tim Kelly as the new Property President of City of Dreams Macau. This strategic move brings a highly experienced hospitality professional to the helm of one of Melco's flagship properties. Tim Kelly: A Proven Track Record in Integrated Resort Management Tim Kelly boasts an impressive career in the integrated resort industry, with a proven track record of success in managing complex operations. His extensive experience encompasses various aspects of the business, including: Tim Kelly Appointed Operations Management Design and Brand Creation Construction and Development Master Planning Entertainment Venue Management Funding Multi-Billion Dollar Construction Projects Known for his entrepreneurial spirit and ability to lead cohesive teams towards achieving successful outcomes, Kelly thrives in fast-paced and creative environments. His expertise extends beyond just operational excellence. He has served on the Forbes Travel Guide - Service Advisory Committee, representing the Asia-Pacific Region, advocating for international Five-Star luxury hotel service and maintenance standards. Kelly's impressive credentials include: A coveted Lifetime International Honorary Les Clefs d’Or membership Former Board Member of the Nevada Hotel Lodging Association Instructor at the College of Southern Nevada He holds an Executive Master's in Hospitality Administration (MHA) with a specialization in Gaming Track, further solidifying his knowledge base for the unique demands of the integrated resort industry. Kelly's Arrival Follows Strategic Restructuring at Melco Macau Kelly's appointment coincides with a period of strategic restructuring within Melco's Macau operations. This restructuring includes the addition of several key personnel: Alidad Tash as Executive Vice President of Analytics and Gaming Operations for Macau Stefan Bollhalder as Vice President of Hotels and Food & Beverage for City of Dreams Macau Linda Switzer as Vice President of Retail These appointments position Melco Macau for continued growth and optimization across various business segments. Previously, Kelly spent nearly four and a half years in Macau as Senior Vice President of Resort Operations between 2013 and 2017. This experience provides him with valuable firsthand knowledge of the Macau market and its unique dynamics. Following his stint in Macau, Kelly joined Kerzner International and successfully oversaw the operations of Atlantis Dubai for six years. He was most recently promoted to President of Atlantis for Kerzner, managing both the Dubai and Sanya, China locations. During Melco's recent earnings call, Chairman and CEO Lawrence Ho acknowledged Kelly's significant achievements at Kerzner, highlighting his success in "building the Atlantis brand." Renewed Optimism at Melco: Marketing Initiatives Drive Growth The appointment of Tim Kelly signifies Melco's commitment to elevating City of Dreams Macau's position as a premier integrated resort destination. This strategic move coincides with a period of renewed optimism for Melco, driven by the implementation of new marketing initiatives. These initiatives have yielded positive results, reflected in Melco's first-quarter 2024 (1Q24) financial performance: Total operating revenues climbed 55.3% year-on-year to US$1.11 billion. Gaming revenues experienced a significant increase of 52.5% year-on-year, reaching US$913 million. Non-gaming revenues witnessed an impressive growth of 69.5% year-on-year, reaching US$199 million. Melco attributes these positive developments to the effectiveness of their new marketing strategies and the generation of new business opportunities following management changes implemented in late February 2024. Lawrence Ho expressed his confidence in Melco's future, stating, "We are extremely optimistic about the continued growth of gaming, entertainment and leisure in Macau and expect to maintain our leadership position with our exceptional portfolio of products." A Year of Transformation for Melco Macau 2024 has been a year of significant change for Melco Macau. Key developments include: Management shifts Restructuring of the sales force Reconfiguration of gaming areas Opening of new retail outlets at Studio City These initiatives demonstrate Melco's proactive approach to optimizing its Macau operations and enhancing the overall guest experience.

[gqresearch24]

Exxon Mobil Falls Short Of Analysts’ Expectations With 28% Decline In Q1 Profits

(Source-finance.yahoo)

Exxon Mobil Corp experienced a setback in its first-quarter financial performance, reporting a 28% decrease in profits compared to the same period last year. This drop was attributed to weaker refining margins and decreased natural gas prices, despite an increase in volume. The company’s earnings for the first quarter amounted to $8.22 billion, or $2.06 per share, in contrast to the $11.43 billion net profit recorded a year ago. Analysts’ projections were not met, with per-share profit falling 6% below Wall Street estimates, according to data from LSEG.

Factors Contributing to the Decline

Kathryn Mikells, the Chief Financial Officer, highlighted that while the first-quarter results ranked as the second-highest in the past decade, they were impacted by tax and inventory adjustments on the balance sheet. Mikells emphasized the presence of various one-time items, which this time leaned unfavorably. Weaker energy margins, resulting in a $2.6 billion decrease in operating profit compared to the previous year, played a significant role in the downturn. Despite global oil prices remaining relatively stable, natural gas prices experienced a notable decline, with U.S. gas futures trading 20% lower compared to the previous year.

Positive Contributions and Cost-saving Initiatives

Despite the challenges faced, Exxon saw lower costs and increased volumes from its operations in Guyana, which partially offset the overall decline. The company’s capital spending in the last quarter reached its lowest point in seven quarters, with streamlined operations leading to an expansion of structural cost savings by $400 million. Exxon Mobil concluded the quarter with an additional $1.7 billion in cash, bringing the total to $33.3 billion.

Pioneer Acquisition and Future Prospects

Exxon’s impending acquisition of Pioneer Natural Resources, valued at $60 billion, is anticipated to conclude in the near future. The acquisition, conducted entirely through stocks, positions Exxon Mobil as the leading oil and gas producer in the prominent U.S. shale field. This move is expected to double output in the shale field to over 1.3 million barrels of oil equivalent per day. The company foresees reaching a production level of 2 million barrels per day by 2027, capitalizing on economies of scale and future production potential.

Hess Arbitration

However, Exxon Mobil faces challenges regarding its assets in Guyana, where it is currently engaged in a dispute with Chevron and Hess. Exxon Mobil has asserted preemptive rights over Hess’ Guyana assets amidst Chevron’s $53 billion offer for Hess. This dispute is currently under consideration by an international arbitration panel. Should the panel uphold Exxon’s preemptive rights, the company, along with partner CNOOC Ltd, will explore available options. Exxon’s first-quarter results depict a mixed performance influenced by industry dynamics and strategic decisions. The pending acquisition of Pioneer Natural Resources marks a significant step toward consolidating its position in the energy sector, albeit amidst ongoing legal disputes that may impact its future trajectory.

[usnewsper-business]

Tata Motors' Financial Performance Soars: Moody's Upgrade Signals Reduced Debt and Improved Efficiency #debtreduction #financialperformance #Moodysupgrade #operationalefficiency #reducedleverage #TataMotors

[sillygalaxyangel]

Unveiling the Numbers: Public vs. Private Company Financial Performance 📊💼

Hey Tumblr fam! Today, let's dive into the intriguing world of finance and explore the fascinating differences between the financial performances of publicly traded and privately held companies. 🌟💰

🔍 Peeking Behind the Curtain: Ever wondered how the financials of those big-name publicly traded companies stack up against the quieter, privately held ones? It's like comparing the bright lights of Broadway to the hidden gems of indie theaters. Both have their allure, but which shines brighter in terms of financial performance? Let's find out! 💡

💼 Publicly Traded Companies: These are the household names, the ones you see listed on the stock exchange. Think Apple, Google, Amazon. Public companies have to disclose their financials to the public, allowing investors and analysts to scrutinize every dollar earned and spent. 📈💼 They often face intense scrutiny from shareholders, which can influence their financial strategies and decisions.

💰 Privately Held Companies: On the flip side, privately held companies operate under a veil of secrecy. They're not required to disclose financial information to the public, giving them more privacy and flexibility in their operations. But does this secrecy translate to better financial performance? 🤔💭

📊 Comparative Analysis: When we dig into the numbers, it's like uncovering buried treasure. Publicly traded companies often have easier access to capital through the stock market, allowing them to fund growth initiatives more readily. On the other hand, privately held companies may have less pressure to deliver short-term results, allowing them to focus on long-term sustainability. 🌱💰

🚀 Conclusion: So, who comes out on top? The truth is, it's not a one-size-fits-all answer. Each type of company has its own strengths and weaknesses, and their financial performance can vary based on industry, management, and market conditions. But one thing's for sure: both play vital roles in driving economic growth and innovation. 🌐💡

What are your thoughts on the financial performance of publicly traded vs. privately held companies? Share your insights and let's keep the conversation going! 💬🚀

[spookyloversong]

Navigating the Boardroom: Exploring the Link Between Corporate Governance and Financial Performance 💼💰

Hey Tumblr thinkers! 🌐💭 Let's dive into the intriguing realm where business strategy meets financial success – the relationship between corporate governance and financial performance. 📈✨

🔍 What is Corporate Governance? First things first – what's corporate governance? Think of it as the compass guiding a ship through stormy waters. Corporate governance is a set of principles and practices that ensure a company is managed and controlled effectively. It involves a delicate dance between shareholders, the board of directors, and executive management.

💼 The Boardroom Symphony: Now, picture the board of directors as the conductors of this symphony. Their decisions influence the entire performance of the company. From strategic planning to risk management, corporate governance shapes the direction a business takes.

💸 Impact on Financial Performance: Ah, the million-dollar question – does good corporate governance translate to financial success? Studies suggest a resounding "yes"! When a company's governance structure is robust, it can lead to improved financial performance. Transparent decision-making, accountability, and ethical practices create an environment where the company can thrive financially.

📊 Key Indicators:

Shareholder Value: Companies with effective governance often see enhanced shareholder value. It's like creating a win-win scenario for both investors and the business.

Risk Management: A strong governance framework helps identify and manage risks effectively, preventing financial pitfalls and enhancing stability.

Long-Term Sustainability: Businesses with a focus on long-term goals, facilitated by good governance, are more likely to weather economic storms and sustain financial growth.

🔄 Continuous Improvement: Corporate governance isn't a one-time act; it's an ongoing commitment to improvement. Companies that prioritize governance as a dynamic process tend to adapt better to changing market conditions, ultimately influencing their financial resilience.

🌐 Global Perspectives: The relationship between corporate governance and financial performance isn't confined to borders. It's a global conversation, shaping businesses across diverse industries and geographies.

So, there you have it – a snapshot into the fascinating connection between corporate governance and financial performance. What are your thoughts on this intricate dance in the business world? Let's chat! 💬🚀

[enterprisewired]

Stock Markets Surge to Record Highs, Driven by Tech and Strong November Gains

The Dow Jones Industrial Average soared to its highest point since January 2022, capping off a momentous month for the stock market. Investors celebrated robust performances in November, buoyed by optimistic sentiments surrounding cooling inflation data, which hinted at potential Federal Reserve policy adjustments.

Dow Leads with Salesforce Earnings Boost

The Dow exhibited outstanding performance, primarily propelled by Salesforce’s impressive earnings report, surpassing market expectations. This surge contributed substantially to the index’s standout success, marking a significant milestone in its recent trajectory.

Mixed Results in Other Indices

Contrastingly, the S&P 500 closed with moderate gains, while the Nasdaq experienced a downturn, largely influenced by tech and tech-related stocks, spearheaded by Nvidia, which led to the Nasdaq slipping into negative territory.

Stock market news today: Stocks go nowhere after Fedspeak, strong GDP data

Positive November for S&P 500 and Nasdaq

November proved to be a remarkable month for the S&P 500 and the Nasdaq, boasting their most substantial monthly percentage gains since July 2022. Similarly, the Dow celebrated its highest monthly percentage gains since October 2022.

Chief Market Strategist Ryan Detrick from Carson Group in Omaha commented, “We’re putting the cherry on top of a banner month… we just finished one of the best months in history for stock Markets.

Fed’s Monetary Policy and Inflation Outlook

Market dynamics were also influenced by the Commerce Department’s Personal Consumption Expenditures (PCE) report, showcasing an expected cooling of inflation alongside reduced consumer spending. This reinforced the anticipation of the Federal Reserve concluding its cycle of rate hikes.

New York Fed President John Williams underscored the Fed’s data-dependent stance while hinting at potential further rate hikes if inflation doesn’t continue to subside.

Detrick added, “The strength this month was driven by the realization that inflation is quickly moderating.”

Market Expectations and Future Rate Projections

Financial markets are strongly indicating a 95.8% probability that the central bank will maintain its key Fed funds target rate during December’s policy meeting. Analysts anticipate a prolonged period without rate hikes, projecting the next move to potentially be a cut in the middle of the following year.

Market Performance and Sector Movements

The Dow surged by 520.47 points, the S&P 500 gained 17.22 points, and the Nasdaq experienced a slight drop of 32.27 points. Notably, healthcare stocks outperformed while communication services faced the steepest declines among the S&P 500’s 11 major sectors.

Stocks in Focus

Salesforce witnessed a significant increase of 9.4% post their optimistic profit forecast, while Ford Motor Co slid 3.1% due to new labor deal expenses and a lowered full-year forecast. Snowflake surged by 7.1%, anticipating fourth-quarter revenue above Street estimates.

Market Dynamics and Outlook

The market exhibited more advancing than declining issues on both NYSE and Nasdaq, recording highs and lows in the S&P 500 and Nasdaq Composite. Overall volume on U.S. exchanges experienced a significant increase compared to the average of the last 20 trading days.

Curious to learn more? Explore our articles on Enterprise Wired

[gqresearch24]

GM Beats Wall Street Expectations, Raises Annual Forecast

In a surprising turn of events, General Motors (GM.N) has outperformed Wall Street expectations with its quarterly results and has subsequently raised its annual forecast. The Michigan-based automaker attributed this success to stable pricing and sustained demand for its gas-engine vehicles, which has spurred a 5% surge in its shares.

Exceeding Projections

General Motors has revised its adjusted pre-tax profit projection for the year, now aiming for a range between $12.5 billion to $14.5 billion, up from the previous estimate of $12 billion to $14 billion. Paul Jacobson, GM’s Chief Financial Officer, praised consumers for their resilience amid higher interest rates, noting that demand remained robust in the first quarter.

Optimism Amid Challenges

Despite facing challenges in the Chinese market and with electric vehicles (EVs), GM’s strong performance in vehicle pricing, particularly with gasoline-powered trucks, has buoyed investor confidence. Analysts were pleasantly surprised by the resilience of pricing, with some acknowledging the pivotal role played by trucks and SUVs in GM’s profitability.

Tim Piechowski, a portfolio manager at ACR Alpine Capital Research, emphasized the importance of GM’s robust profit generation from its core products, which he believes will continue to support its EV initiatives.

Mixed Sentiments

However, some analysts remain cautious, citing potential market share losses in the absence of hybrid gasoline-electric vehicles. Garrett Nelson from CFRA Research raised concerns about the impact of heavy spending on EVs on GM’s cash flow, despite the company’s positive quarterly performance.

Financial Highlights and Challenges Ahead

In the first quarter, General Motors reported a 24.4% increase in net income to $3 billion, accompanied by a 7.6% rise in revenue to $43 billion. Adjusted earnings per share of $2.62 surpassed the average Wall Street target, reflecting the company’s strong performance.

Looking ahead, CEO Mary Barra faces significant challenges, including revitalizing GM’s sales in China and addressing issues within Cruise, its autonomous vehicle unit. Cruise faced setbacks after an incident involving one of its self-driving cars, leading to operational halts and substantial financial losses.

Future Prospects and Market Dynamics

Despite these challenges, GM remains committed to its long-term growth strategy. Barra expressed confidence in the potential of GM’s business in China and reiterated the company’s dedication to the world’s largest auto market. Additionally, GM’s joint venture with LG Energy Solution, Ultium Cells, is ramping up production of battery cells, signaling the company’s commitment to EV development.

Also Read: Global Light Commercial Vehicle (LCV) Market

[usnewsper-business]

Tata Motors' Financial Performance Soars: Moody's Upgrade Signals Reduced Debt and Improved Efficiency #debtreduction #financialperformance #Moodysupgrade #operationalefficiency #reducedleverage #TataMotors

[sillygalaxyangel]

Unveiling the Interplay: Corporate Social Responsibility and Financial Performance

Have you ever wondered about the intricate dance between a company's commitment to social responsibility and its financial success? 🌐💰 Let's delve into the fascinating realm of Corporate Social Responsibility (CSR) and its impact on Financial Performance!

Understanding Corporate Social Responsibility (CSR): CSR is more than just a buzzword; it's a strategic approach that companies take to contribute positively to society. From sustainable practices to community engagement, CSR encompasses a wide array of initiatives aimed at making a meaningful impact beyond profit margins.

The Financial Side of the Coin: Contrary to traditional belief, CSR isn't just a philanthropic gesture. Research suggests a compelling connection between a company's commitment to social responsibility and its financial bottom line. 📈💼 Numerous studies highlight that socially responsible companies often outperform their counterparts in various financial metrics.

Key Factors at Play:

Enhanced Brand Reputation: Consumers increasingly gravitate towards socially responsible brands. A positive reputation translates into customer loyalty and increased market share.

Risk Mitigation: CSR practices can act as a shield against potential risks, fostering long-term sustainability. Companies that prioritize social and environmental concerns are better equipped to weather storms.

Employee Engagement: A socially responsible company tends to attract and retain top talent. Engaged employees contribute to increased productivity and innovation, ultimately impacting financial performance.

Measuring the Impact: Analyzing the relationship between CSR and financial performance involves assessing metrics such as Return on Investment (ROI), brand value, and market share. Companies with a robust CSR strategy often find themselves reaping long-term benefits that go beyond immediate financial gains.

The Bottom Line: In today's dynamic business landscape, the intertwining of CSR and financial success is more evident than ever. Companies embracing social responsibility aren't just doing it for goodwill – they're strategically positioning themselves for sustained growth and resilience.

Remember, it's not just about profit; it's about creating a positive ripple effect in the world! 🌍💡 What are your thoughts on the relationship between CSR and financial performance? Share your insights below! 👇