The Viado Group was dragged down by losses from the war in the first quarter, but still made a profit of approximately $2 billion.
The Widmore Group has revealed to multiple banks that the company had a profit of approximately 2 billion dollars in the first quarter. Some of the group's businesses incurred losses due to the Iran conflict, and the disclosure of profit is intended to boost confidence in lending institutions. Widmore has informed lenders that other sectors of the group are highly profitable and overall liquidity remains ample. According to several sources, Widmore Group's annual profit in 2024 was 8.7 billion dollars, a decrease of 30% to 50% compared to the previous year.
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