Profit
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Netflix beats 2021 record as investors embrace profit push
NETFLIX shares hit their first record in nearly three years as investors continue gravitating towards the streaming video company while its strategy to improve profitability plays out. Shares of the…
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Westpac profit rises as margin pressure shows signs of easing
WESTPAC Banking’s profit edged higher as pressure on margins eased and mortgage lending grew faster than the wider industry, offsetting a fragile outlook for the nation’s economy. Unaudited net profit…
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Australia’s Westpac profit rises as margin pressure shows signs of easing
WESTPAC Banking’s profit edged higher as pressure on margins eased and mortgage lending grew faster than the wider industry, offsetting a fragile outlook for the nation’s economy. Unaudited net profit…
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Australia’s ASX profit slips as regulator scrutiny drives up costs
AUSTRALIAN stock market operator ASX said annual underlying profit slipped below market expectations due to higher expenses stemming in part from a troubled software upgrade that sparked a regulator lawsuit.…
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SingPost records 105.2% higher Q1 operating profit of S$24.4 million
SINGAPORE Post (SingPost) on Friday (Aug 16) announced a first-quarter operating profit of S$24.4 million, up 105.2 per cent from S$11.9 million in the corresponding period of the previous year.…
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Chinese e-commerce group JD.com beats profit forecasts in Q2
Chinese e-commerce group JD.com on Thursday (Aug 15) reported forecast beating second-quarter profits, helped by price cuts that attracted cost-sensitive consumers to its platform. JD.com’s US-listed shares rose as much…
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Jack Ma-backed Ant sees profit slide 10% after shakeup
Ant Group’s profit dropped 10 per cent in the March quarter, following a structural shakeup and ramped up efforts to grow overseas. The Hangzhou-based fintech company contributed 3.9 billion…
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Chinese Tech Giant Alibaba’s Quarterly Profit Shrinks 29 Percent
Chinese e-commerce giant Alibaba reported a 29 percent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown. Net income attributable to shareholders came in…
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Tapestry beats revenue, profit estimates on steady demand for Coach handbags
COACH parent Tapestry beat Wall Street expectations for fourth-quarter results on robust demand for its popular Tabby handbags, signalling resilient interest for affordable luxury goods despite a global spending slowdown.…
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UOB Kay Hian H1 profit up 64.3% to S$113.9 million
UOB Kay Hian reported on Thursday (Aug 15) a net profit of S$113.9 million for the six months ended Jun 30, up 64.3 per cent from S$69.3 million in the…
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Sri Trang Gloves Q2 profit surges more than 20 times to 378.4 million baht
GLOVE manufacturer Sri Trang Gloves (Thailand) reported earnings of 378.4 million baht (S$14.2 million) for the three months ended Jun 30, a jump of more than 20 times from the…
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Sri Trang Agro-Industry Q2 net profit rises 471.3% to 628.4 million baht
SRI Trang Agro-Industry has posted a net profit of 628.4 million baht (S$23.6 million) for the three months ended Jun 30, 2024, up 471.3 per cent from 110 million baht…
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Singtel Q1 net profit up 42.9% to S$690 million on exceptional gain
SINGTEL reported on Thursday (Aug 15) that its net profit for the first quarter ended Jun 30, rose 42.9 per cent to S$690 million, from S$483 million in the corresponding…
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AEM H1 net profit falls 95.4% as demand from key customer weakens
AEM Holdings posted a 95.4 per cent decline in net profit to S$895,000, from S$19.7 million a year earlier, for the half-year ended Jun 30, 2024. This comes as revenue…
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Haw Par’s H1 2024 net profit rose 17.1 per cent to S$122 million
Revenue for the period rose 6.3% to S$118.1 million as demand for healthcare products remains strong TIGER Balm ointment maker Haw Par Corporation reported a 17.1 per cent rise in…
