Earnings
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Maybank cuts Sea target price by 9.3% on softer Shopee margins, despite consensus-beating Q3 earnings
[SINGAPORE] Maybank Research slashed its target price for internet company Sea by 9.3 per cent to US$156 from US$172 with a “hold” rating, citing softer margins of its e-commerce arm…
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Singtel H1 earnings nearly treble to S$3.4 billion on one-off gains
[SINGAPORE] Telecommunications giant Singtel on Wednesday (Nov 12) revised its operating companies’ (Opco) earnings before interest and tax (Ebit) guidance for FY2026 ending March to a wider range of “high…
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Singtel H1 earnings nearly treble to S$3.4 billion on one-off gains
[SINGAPORE] Telecommunications giant Singtel on Wednesday (Nov 12) posted a 176.4 per cent increase in net profit to S$3.4 billion for the first half-year ended September, from S$1.2 billion in…
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Singtel H1 earnings nearly treble to S$3.4 billion on one-off gains
[SINGAPORE] Telecommunications giant Singtel on Wednesday (Nov 12) revised its operating companies’ (Opco) earnings before interest and tax (Ebit) guidance for FY2026 ending March 2026 to a wider range of…
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SBS Transit Q3 earnings fall 20.6% due to lower interest income
Revenue is also lower due to the loss of the Jurong West contract package to SMRT in September 2024 [SINGAPORE] Bus and train operator SBS Transit ’s Q3 net profit…
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Riverstone Q3 earnings fall 28% to RM52 million
Revenue declines 17.1% due to lower prices for gloves amid more intense competition [SINGAPORE] Glovemaker Riverstone Holdings reported a drop of 28 per cent in net profit to RM52 million…
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Vicom’s Q3 earnings up 45% as it installs more OBU units in Singapore vehicles
Demand for vehicle inspection services was also strong, buoyed by Singapore’s economic expansion [SINGAPORE] Mainboard-listed Vicom posted S$9.9 million in profit after taxes and minority interests (PATMI) for the third…
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UMS Q3 earnings rise 1% to S$10.5 million, announces 1-for-4 bonus issue
[SINGAPORE] UMS Integration on Friday (Nov 7) reported a 1 per cent year-on-year rise in net profit to S$10.5 million for the third quarter ended Sep 30, on the back…
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AvePoint Q3 earnings jump four times to US$13 million; shares fall on EPS miss
[SINGAPORE] Cybersecurity company AvePoint has posted a 396.8 per cent increase in net profit to US$13 million for its third quarter ended Sep 30, from US$2.6 million in the corresponding…
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OCBC shares soar 3.8% after posting Q3 earnings that beat expectations
[SINGAPORE] Shares of OCBC jumped 3.8 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended September. At market open, the…
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OCBC shares hit record high after Q3 earnings beat expectations; ends 3.4% higher
[SINGAPORE] Shares of OCBC jumped by more than 4 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended September. At…
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Europe: Stocks fall as tech nerves sap sentiment; earnings, economic data in focus
EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed earnings and disappointing key economic data. The pan-European Stoxx 600 slipped 0.7…
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US: Wall Street opens lower as investors assess corporate earnings, mixed economic data
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Nov 6), as investors digested a slate of corporate earnings, while concerns around US tariffs, surging valuations and mixed economic…
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Bukit Sembawang Estates H1 earnings dip 25% after completion of two condo developments
[SINGAPORE] Bukit Sembawang Estates’ net profit for the half-year ended September fell 25 per cent year on year to S$47.2 million, primarily due to a plunge of 61 per cent…
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Europe: Stoxx 600 hits two-week lows on global risk-off mood, mixed earnings
EUROPEAN shares fell on Tuesday to their lowest point in more than two weeks, echoing a broader risk-off mood across global markets, as investors gauged a mixed bag of earnings reports.…
