Profit
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PayPal forecasts Q4 revenue below estimates as profit push puts growth behind
PAYPAL forecast fourth-quarter revenue below estimates on Tuesday (Oct 29) as the digital payments company shifts its focus to higher-margin businesses from aggressive expansion, sending its shares down 4 per…
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Aztech Global’s Q3 net profit falls 55.7% to S$13.7 million as revenue slides
MAINBOARD-LISTED Aztech Global posted a 55.7 per cent drop in net profit to S$13.7 million for its third quarter ended Sep 30, 2024, from S$30.9 million in the corresponding year-ago…
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Aztech Global net profit falls 55.7% to S$13.7 million as revenue slides
MAINBOARD-LISTED Aztech Global posted a 55.7 per cent drop in net profit to S$13.7 million for its third quarter ended Sep 30, 2024, from S$30.9 million in the corresponding year-ago…
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Santander Defies Interest Rate Cuts To Post Higher Profit
Santander has so far resisted a drop in interest rates in Europe AFP Spanish banking giant Santander defied falling interest rates in Europe to post a higher net profit in…
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China’s Citic Securities Q3 profit rises 21.9%
CITIC Securities, China’s biggest brokerage, reported a 21.9 per cent rise in third-quarter profit on Tuesday (Oct 29), driven by growing investment gains. Net profit for the three months to…
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BP profit slumps to near four-year low as oil demand sags
BP POSTED a 30 per cent drop in third-quarter profit to US$2.3 billion – the lowest in almost four years – weighed down by weaker refining margins and oil trading…
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Oil Giant BP Reports Drop In Third-quarter Net Profit
BP’s third quarter performance was hit by lower oil prices and refining margins AFP Britain’s BP on Tuesday announced a sharp fall in net profit for the third quarter, with…
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Japanese brokerage Daiwa’s Q2 profit jumps 80% on Aozora stake
It also posts a rise in non-operating income of 21.6 billion yen in the quarter due to Aozora being an equity-method affiliate JAPAN’S second-largest brokerage and investment bank Daiwa Securities…
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HSBC Reports $8.5 Billion Pre-tax Profit In Third Quarter
Banking giant HSBC said Tuesday that pre-tax profit in the third quarter rose 10 percent year-on-year, citing revenue growth in two of its divisions, days after the lender announced an…
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HSBC coy on cost savings of revamp as quarterly profit tops expectations
HSBC Holdings beat third-quarter profit expectations on Tuesday (Oct 29) thanks to rising wealth and wholesale banking revenue, but kept investors waiting for more detail on how a sweeping overhaul…
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HSBC to buy back US$3 billion shares as profit beats estimates
HSBC Holdings announced a fresh multi-billion US dollar stock buyback as it reported better-than-estimated earnings days after unveiling a major restructuring of its business. Europe’s largest bank said on Tuesday…
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Ford weakens profit outlook amid price war, shares fall
FORD Motor said on Monday it expects to hit the lower end of its full-year profit guidance, dropping the company’s shares 5 per cent in after-hours trading, as a price…
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India’s Bharti Airtel posts bigger Q2 profit, boosted by higher tariffs
BHARTI Airtel reported an over two-fold rise in its second-quarter profit on Monday (Oct 28), as the telecom operator’s first tariff hike in over two years boosted its revenue per…
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Japfa swings into the black with US$87.5 million net profit; declares one-off S$0.01 dividend per share
JAPFA swung into the black with a net profit of US$87.5 million for its first nine months ended Sep 30, 2024, compared with a net loss of US$22.7 million in…
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Cnooc profit rises as expanded output offsets weaker demand
CNOOC posted a rise in third-quarter profit after the company offset lower crude oil prices with increased output. China’s largest offshore oil and gas driller said net income rose 9…
