Latest news with #7.3
Yahoo
a day ago
- Business
- Yahoo
Facilities using SLCP framework see drop in labour law violations
The SLCP completed over 10,000 assessments in 2024, affecting approximately 7.3 million workers globally. According to the report, facilities implementing the SLCP's Converged Assessment Framework (CAF) consecutively reported a dip in national and international labour standards' violations. The CAF's design allows facilities to distribute their assessment data to various stakeholders, eliminating the need for multiple audits. This efficiency resulted in a potential savings of $39m in 2024, marking a 39% increase from the previous year. These funds are earmarked for enhancing workplace conditions. The frequency of SLCP assessment sharing has risen, with each assessment being distributed nearly three times on average, a 16% increase from 2023. Data suggests that sustained application of the CAF aids facilities in pinpointing and diminishing legal non-compliances, fostering improvements in the workplace environment. The CAF's growing use and refinements to the Data Collection Tool have allowed SLCP to derive more insights from aggregate facility data. Notably, the framework now integrates more detailed gender-related data points, underscoring the capability of SLCP data to discern trends and influence policy development. Key findings from the report include: - Overtime working hours remain a significant issue, with a strong correlation identified between excessive hours and subcontractor usage as well as wage determination based on legal minimums rather than living wages. - The majority of legal non-compliances identified in SLCP assessments relate to the Wages and Benefits section of the CAF. - Despite women constituting 59% of the workforce in SLCP facilities, they hold only 33% of supervisory or managerial roles. Additionally, 35% of facilities report higher compensation for men over women in equivalent positions. The report also underscores SLCP's collaborative efforts and policy initiatives through partnerships with stakeholders and other multi-stakeholder initiatives (MSIs). It emphasises that while SLCP plays a vital role in improving working conditions, substantial progress requires unified action and robust collaboration within the industry. SLCP CEO Janet Mensink said:'We're seeing clear evidence that our vision and mission are being realised, with users of the CAF making tangible improvements to working conditions that are being reflected in assessments the following years. 'But there's still much more work to be done in the industry. Our aggregate facility data shows that 92 per cent of assessments in 2024 included at least one non-compliance against the national labour law. This is why our work continues to be so critical – in the policy space, through collaboration with stakeholders, and in the growing adoption of SLCP. Together, we can continue to drive meaningful change.' In April this year, SLCP introduced an updated version (1.7) of its CAF. "Facilities using SLCP framework see drop in labour law violations" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Fox Sports
3 days ago
- Sport
- Fox Sports
Oilers host the Panthers to start the Stanley Cup Final
Associated Press Florida Panthers (47-31-4, in the Atlantic Division) vs. Edmonton Oilers (48-29-5, in the Pacific Division) Edmonton, Alberta; Wednesday, 8 p.m. EDT BETMGM SPORTSBOOK LINE: Oilers -131, Panthers +111; over/under is 6 STANLEY CUP FINAL: Oilers host series opener BOTTOM LINE: The Edmonton Oilers host the Florida Panthers to begin the Stanley Cup Final. The teams meet Thursday for the third time this season. The Panthers went 2-0 against the Oilers in the regular season. In their last regular season matchup on Feb. 27, the Panthers won 4-3. Edmonton is 48-29-5 overall and 31-14-3 in home games. The Oilers have a +24 scoring differential, with 259 total goals scored and 235 conceded. Florida has a 28-21-2 record on the road and a 47-31-4 record overall. The Panthers have allowed 223 goals while scoring 246 for a +23 scoring differential. TOP PERFORMERS: Connor McDavid has 26 goals and 74 assists for the Oilers. Corey Perry has five goals and two assists over the last 10 games. Sam Reinhart has 39 goals and 42 assists for the Panthers. Sam Bennett has scored six goals and added four assists over the last 10 games. LAST 10 GAMES: Oilers: 8-2-0, averaging 3.8 goals, 6.8 assists, 3.4 penalties and 7.3 penalty minutes while giving up two goals per game. Panthers: 8-2-0, averaging four goals, 7.2 assists, 5.6 penalties and 18.7 penalty minutes while giving up 1.6 goals per game. INJURIES: Oilers: None listed. Panthers: None listed. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. recommended
Winnipeg Free Press
3 days ago
- Sport
- Winnipeg Free Press
Oilers host the Panthers to start the Stanley Cup Final
Florida Panthers (47-31-4, in the Atlantic Division) vs. Edmonton Oilers (48-29-5, in the Pacific Division) Edmonton, Alberta; Wednesday, 8 p.m. EDT BETMGM SPORTSBOOK LINE: Oilers -131, Panthers +111; over/under is 6 STANLEY CUP FINAL: Oilers host series opener BOTTOM LINE: The Edmonton Oilers host the Florida Panthers to begin the Stanley Cup Final. The teams meet Thursday for the third time this season. The Panthers went 2-0 against the Oilers in the regular season. In their last regular season matchup on Feb. 27, the Panthers won 4-3. Edmonton is 48-29-5 overall and 31-14-3 in home games. The Oilers have a +24 scoring differential, with 259 total goals scored and 235 conceded. Florida has a 28-21-2 record on the road and a 47-31-4 record overall. The Panthers have allowed 223 goals while scoring 246 for a +23 scoring differential. TOP PERFORMERS: Connor McDavid has 26 goals and 74 assists for the Oilers. Corey Perry has five goals and two assists over the last 10 games. Sam Reinhart has 39 goals and 42 assists for the Panthers. Sam Bennett has scored six goals and added four assists over the last 10 games. LAST 10 GAMES: Oilers: 8-2-0, averaging 3.8 goals, 6.8 assists, 3.4 penalties and 7.3 penalty minutes while giving up two goals per game. Panthers: 8-2-0, averaging four goals, 7.2 assists, 5.6 penalties and 18.7 penalty minutes while giving up 1.6 goals per game. INJURIES: Oilers: None listed. Panthers: None listed. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.
Yahoo
23-05-2025
- Business
- Yahoo
Life Healthcare Group Holdings Ltd (LTGHY) (H1 2025) Earnings Call Highlights: Strong Revenue ...
Revenue Growth: 8.1% increase during the period. Hospitals EBITDA: Up 10.2%. Normalized Earnings Per Share: Increased by 9.1%. Interim Dividend: Up 10.5% to ZAR0.21 per share. Occupancy Rate: Improved to 68.6%, targeting 70%. PPD Growth: 2% increase. ICU Beds Added: 20 new beds, with 62 more expected in the second half. Net Profit on Disposal: Estimated at approximately ZAR2.8 billion. Return on Capital Employed: 17.5%. Free Cash Flow: ZAR560 million. Net Debt to EBITDA: 0.65. Complementary Services Revenue Growth: Like-for-like increase of 7.3%. Head Office Cost Growth: 1.9%, including IT costs. Doctor Recruitment: 71 new doctors recruited during the period. Warning! GuruFocus has detected 7 Warning Signs with LTGHY. Release Date: May 22, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Life Healthcare Group Holdings Ltd (LTGHY) reported an overall revenue growth of 8.1% during a challenging period. The company's hospitals EBITDA increased by 10.2%, indicating strong operational performance. Normalized earnings per share rose by 9.1%, reflecting improved profitability. An interim dividend was declared, up 10.5% to ZAR0.21 per share, continuing positive cash returns to shareholders. The company successfully added 20 ICU beds and plans to add another 62 beds in the second half, demonstrating expansion efforts. Life Nkanyisa faced contractual challenges, resulting in the loss of some contracts. The company had to recognize liabilities of ZAR2.9 billion related to the Life Molecular Imaging transaction before realizing profits. The incentive charge increased from ZAR128 million to ZAR182 million, impacting comparability with the previous year. Despite improvements, the occupancy rate of 68.3% is still short of the targeted 70%. The healthcare services segment experienced a loss of contracts, affecting revenue growth in that area. Q: What is the estimation for the incentive charge in the second half of the year? A: Pieter Van Der Westhuizen, CFO, stated that the incentive charge for the second half will be similar to the charge in the first half. The charge in the second half of last year was also similar to this half. Q: Are there any further questions from the webcast? A: Adam Pyle, Chief Strategy & Growth Officer, mentioned that the remaining questions refer back to the ones already answered, and no new questions have been received. Q: Are there any questions from the telephone lines? A: The Operator confirmed that there were no questions from the telephone lines. Q: What are the closing remarks from the management? A: Peter Wharton-Hood, CEO, thanked everyone for their questions and attendance. He mentioned that the Investor Relations team, along with Adam Pyle and Pieter van der Westhuizen, are available for direct questions on a one-to-one basis in future meetings. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Business Standard
15-05-2025
- Business
- Business Standard
ixigo share price jumps 8% on posting strong Q4FY25 results; Check details
ixigo share price: Le Travenues Technology, operating as ixigo, stock jumped 8.1 per cent in trade on Thursday, recording a day's high at ₹181.3 per share on BSE. The stock was in demand a day after the company released its Q4 results. At 10:48 AM, ixigo shares pared some gains and were up 4.41 per cent at ₹175.05 per share on the BSE. In comparison, the BSE Sensex was up 0.04 per cent at 81,362.24. The market capitalisation of the company stood at ₹6,828.89 crore. The 52-week high of the stock was at ₹196.45 per share and the 52-week low of the stock was at ₹118.65 per share. ixigo Q4 results After market hours on Wednesday, the tours and travels' company posted its fourth quarter (Q4FY25) numbers. The company's consolidated net profit stood at ₹16.8 crore as compared to ₹7.3 crore which translated to a jump of 128 per cent year-on-year (Y-o-Y). Its revenue from operation increased 72 per cent to ₹284 crore as compared to ₹165 crore a year ago. According to the filing, the company's Earnings before interest, tax, depreciation and amortisation (Ebitda) stood at ₹30.7 crore in Q4, rising 64 per cent Y-o-Y. The company's Gross Transaction Value (GTV) increased 65 per cent Y-o-Y increase. The company's contribution margin (CM) increased by 69 per cent Y-o-Y, reaching ₹120.9 crore in Q4FY25. ALSO READ | About ixigo Launched in 2007, ixigo (Le Travenues Technology) is a technology company focused on empowering Indian travellers to plan, book and manage their trips across rail, air, buses, and hotels. ixigo assists travellers in making smarter travel decisions by leveraging artificial intelligence. The ixigo, ConfirmTkt, and AbhiBus apps allow travellers to book train tickets, flight tickets, bus tickets, hotels, and cabs, and provide travel utility tools and services developed using in-house proprietary algorithms and crowd-sourced information. With over 48 crore Annual Active Users in Fiscal 2024, ixigo is the leading OTA for Next Billion Users in India.
