Profit
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Maybank’s Q3 net profit rises 7.6% to RM2.5 billion
MAYBANK’s net profit for the third quarter ended Sep 30, 2024, amounted to RM2.5 billion (S$770 million), up 7.6 per cent from RM2.4 billion in the previous corresponding period. The…
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Haidilao operator Super Hi swings back to black with US$37.7 million Q3 net profit
HAIDILAO restaurant operator Super Hi International posted a net profit of US$37.7 million for the third quarter ended Sep 30, reversing its net loss of US$1.4 million over the same…
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BRC Asia H2 profit rises 11% to S$55 million on sale of associate
STEEL solutions provider BRC Asia posted an 11 per cent rise in net profit to S$55 million for its second half ended Sep 30, 2024, from S$49.5 million in the…
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ThaiBev’s FY2024 net profit dips 1% to 27.2 billion baht
THAI Beverage (ThaiBev) posted a net profit of 27.2 billion baht (S$1.1 billion) for its full year ended Sep 30, a marginal 1 per cent drop from 27.4 billion baht…
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Apple India posts 23 pc profit growth in FY24 amid iPhone demand surge
IANS Buoyed by rising demand for its iPhones among aspirational youth and surge in exports, Apple clocked a 36 per cent increase in its operating revenue in India, surpassing Rs…
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Temu owner PDD misses revenue and profit estimates as consumers struggle
DISCOUNT e-commerce player PDD Holdings fell short of market estimates for third-quarter revenue and profit on Thursday (Nov 21), as its low prices did not persuade cost-conscious consumers to spend…
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TSH Resources Q3 profit rises 12% to RM33.1 million
PLANTATION company TSH Resources reported on Thursday (Nov 21) a 12 per cent increase in net profit for the third quarter, despite a rise in crude oil prices. Net profit…
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Maybank eyes Johor-Singapore SEZ for growth; targets 25% profit contribution from Singapore by 2027
The zone could generate a need for financing among companies – an area Maybank is eager to support THE upcoming Johor-Singapore Special Economic Zone (SEZ) could drive a 10 to…
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Maybank eyes Johor-Singapore SEZ for growth; targets 25% profit contribution from Singapore by 2027
The zone could generate a need for financing among companies – an area Maybank is eager to support THE upcoming Johor-Singapore Special Economic Zone (SEZ) could drive a 10 to…
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Frencken posts 29.3% rise in Q3 profit to S$9.2 million
SEMICONDUCTOR player Frencken on Tuesday (Nov 19) reported a 29.3 per cent increase in profit to S$9.2 million for the three months ended Sep 30, from S$7.1 million the year…
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Souring S&P 500 profit outlook a bad sign for stock market rally
Wall Street analysts are quickly scaling back their forecasts for Corporate America’s earnings growth over the next year, which could pump the brakes on the blistering stock market rally before…
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Jack Ma-backed Ant Group’s profit up 193% in post-crackdown recovery
ANT Group’s profit nearly grew 193 per cent in the June quarter, reversing a year-long decline as the fintech company regained its footing from a government crackdown. Hangzhou-based Ant contributed…
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China’s Alibaba misses quarterly revenue estimates, beats on profit
ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant’s domestic business. …
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ComfortDelGro Q3 net profit up 15.2% on higher revenue
Topline growth is boosted by group’s overseas markets, mainly due to its acquisitions in UK and Australia LAND transport giant ComfortDelGro on Thursday (Nov 14) posted a 15.2 per cent…