Profit
-
PC Partner closes 20.9% higher on positive FY2025 profit guidance
It is now listed only in Singapore, having delisted from the Hong Kong bourse on Jan 14 [SINGAPORE] Shares of electronics company PC Partner soared on Tuesday (Jan 20) after…
-
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK] Goldman Sachs’ profit rose in the fourth quarter, fuelled by dealmaking, stronger trading…
-
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12 [SINGAPORE] Lum Chang Holdings (LCH) announced in a Thursday (Jan 15) profit guidance…
-
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as part of CEO Charlie Scharf’s effort to streamline operations,…
-
TSMC likely to post fourth-quarter profit leap driven by AI boom
[TAIPEI] TSMC, the world’s largest manufacturer of advanced artificial intelligence chips, is expected to post a 28 per cent jump in fourth-quarter net profit to a record high on Thursday…
-
Bank of America profit climbs as trading surges in volatile markets
[NEW YORK] Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets. Softening…
-
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31 [NEW YORK] JPMorgan Chase’s profit fell in the fourth quarter as it took a…
-
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America [TOKYO] The Japanese operator of the Uniqlo clothing brand, Fast Retailing, on Thursday (Jan 8) said…
-
Samsung expects record Q4 operating profit, beating expectations
[SEOUL] Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’ estimates as tight supply and a surge in artificial…
-
Jefferies takes US$30 million hit on First Brands as profit drops
[NEW YORK] Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands Group.…
-
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800 million to US$1.2 billion. Oil prices declined 9.2 per cent…
-
Japan’s Nikkei marks a closing high on improving corporate profit outlook
[TOKYO] Japan’s Nikkei share average marked a record closing high on Tuesday (Jan 6) as the outlook for domestic company’s profits improved. The Nikkei rose 1.32 per cent to close…
-
Samsung likely to flag 160% jump in Q4 profit as AI boom stokes chip prices
[SEOUL] Samsung Electronics is expected to flag a 160 per cent jump in its fourth-quarter operating profit spurred by a severe chip shortage that has sharply driven up memory prices as…
-
China’s Zijin Mining plans gold output push after record profit
ZIJIN Mining Group is planning double-digit growth for its gold and copper production in 2026, after surging prices and expanding operations propelled annual profit to another record. China’s largest mining…
-
ST Engineering expects positive H2 net profit
[SINGAPORE] ST Engineering on Tuesday (Dec 30) said that it expects to report a positive net profit for the second half of 2025, after considering all the one-off effects for…
