Profit
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UMS Integration Q3 profit slumps 32% to S$10.4 million
SEMICONDUCTOR manufacturer UMS Integration on Friday (Nov 8) reported a 32 per cent decline in profit to S$10.4 million for the three months ended Sep 30, from S$15.3 million in…
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India’s Tata Motors posts surprise Q2 profit drop on weak sales
INDIA’S Tata Motors reported a surprise drop in second-quarter profit on Friday (Nov 8), hurt by weakness in both domestic sales and its luxury vehicles unit. The company posted a…
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Stamford Land returns to black with H1 profit of S$15.2 million
This is largely due to the absence of a S$71.2 million fair value loss on investment property recorded a year ago PROPERTY company Stamford Land on Friday (Nov 8) posted…
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Venture Corp’s Q3 net profit falls 4.7% to S$60.6 million
TECHNOLOGY company Venture Corporation reported a 4.7 per cent quarter-on-quarter (qoq) fall in net profit to S$60.6 million for the third quarter of 2024, from S$63.5 million in the previous…
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State Bank of India beats Q2 profit view but lending margin shrinks
STATE Bank of India, the country’s largest lender by assets, beat second-quarter profit estimates on Friday (Nov 8), helped by higher non-interest income but its lending margin shrank. The state-run…
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Singapore Airlines Q2 profit falls 59% to S$290 million on weaker operating performance
NATIONAL carrier Singapore Airlines on Friday (Nov 8) reported net profit of S$290 million for the second quarter ended Sep 30, sliding 59 per cent from S$707 million in the…
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Richemont profit slumps on weak China demand for luxury watches
RICHEMONT reported a slump in profit in the first half as the Swiss luxury group’s watchmaking division suffered from cooling demand in China. The Cartier owner reported 2.2 billion…
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Sony Quarterly Net Profit Jumps But Forecast Unchanged
Sony’s net profit jumped in the second quarter thanks to stronger sales in gaming, music and imaging sensors, the PlayStation maker said Friday but left its annual profit forecasts unchanged.…
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Sony’s music lineup and image sensors deliver profit beat
It earned an operating profit of 455.08 billion yen (S$3.93 billion) in the three months to September Sony Group’s profit rose, thanks to strong music and image sensor sales, as…
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Sats unlikely to resume dividend payout ratio of 70-80%, but quantum will rise in tandem with profit
The group aims for over S$8 billion in revenue, return on equity of higher than 15%, and net profit margin of over 5% in FY2029 IN-FLIGHT caterer and ground handler…
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UOB surpasses estimates with 16% higher Q3 profit of S$1.61 billion
UOB’S net profit for the third quarter ended September rose 16 per cent year on year to S$1.61 billion, from S$1.38 billion the year before. Its results released on Friday…
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UOB posts 16% higher Q3 profit of S$1.61 billion
UOB’s net profit for the third quarter ended September 2024 rose 16 per cent year on year to S$1.61 billion, from S$1.38 billion the year before. Its results released Friday…
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OCBC beats forecast with 9% rise in Q3 profit to S$1.97 billion
OCBC’s net profit for the third quarter ended September rose 9 per cent to S$1.97 billion, from S$1.81 billion in the previous corresponding period. The bank on Friday (Nov 8)…
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ANZ profit drops as competition bites in home-lending market
ANZ Group Holdings’s profit missed estimates as chief executive officer Shayne Elliott said competition in the mortgage market remained intense. Cash profit slipped to A$6.7 billion (S$5.9 billion) in the…
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For-Profit Prisons Surge on Stock Market as Investors Expect Trump to Arrest Many Immigrants
Jose Cabezas/Getty Images For-profit prison stock values have surged in anticipation of President-Elect Donald Trump’s administration increasing detainees with immigrant arrests. GEO Group and CoreCivic shares saw double digit increases…
