Profit
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Walt Disney earnings beat market estimates; profit slips at parks
WALT Disney reported on Wednesday (Aug 7) quarterly earnings that exceeded Wall Street expectations, buoyed by the success of animated Pixar film Inside Out 2, which helped overcome a profit…
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Vicom posts 1.3% higher H1 net profit of S$14.1 million
VEHICLE inspection company Vicom reported a net profit of S$14.1 million for the half year ended Jun 30, inching up 1.3 per cent from S$13.9 million in the corresponding year-ago…
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Hilton lifts profit view as international travel offsets weak US demand
HOTEL operator Hilton Worldwide raised its forecast for 2024 profit after beating second-quarter estimates on Wednesday (Aug 7) as robust demand for international travel offset losses from normalising domestic travel…
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Honda Q1 profit jumps 23%, helped by hybrid vehicle sales
JAPAN’S Honda Motor reported a 23 per cent increase in first-quarter profit on Wednesday (Aug 7) as the automaker benefited from a weaker yen, higher pricing and growing hybrid vehicle…
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Music And Gaming Help Sony Hike Net Profit Forecast
Sony raised its annual net profit forecast on Wednesday after a solid performance in the first quarter, predicting strong sales in video games and music, as well as image sensors…
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Sony Hikes Annual Net Profit Forecast After Solid Q1
Sony raised its full-year net profit forecast on Wednesday after a solid performance in the first quarter, predicting strong sales in its video game, music and image sensor sectors. The…
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Hot stock: Sembcorp rises as much as 7% after H1 profit increase
The increase in net profit is mainly due to the absence of a S$78 million loss in H1 FY2023 from a discontinued operation SHARES of Sembcorp surged on Wednesday (Aug…
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Hot stock: Dyna-Mac up as much as 11.5% after H1 profit surge
The higher bottom line comes amid the completion of major projects, improved productivity and increase in volume of projects undertaken SHARES offshore oil and gas contractor Dyna-Mac gained some ground…
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DBS Q2 profit rises 6% to S$2.79 billion; declares S$0.54 per share dividend
DBS net profit for its second quarter rose amid a broad-based growth in total income, it said on Wednesday (Aug 7). Net profit for the three months ended June 30,…
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South Korea’s Coupang posts first loss since 2022 as Farfetch deal saps profit
COUPANG posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings and a government regulatory fine offset strong growth in its core e-commerce business. South Korea’s…
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Super Micro’s weak profit fuels AI server margin anxieties
SUPER Micro Computer reported quarterly revenue and profit that missed analysts’ estimates, outweighing an annual sales outlook that was billions above Wall Street projections. Profit, excluding some items, was US$6.25…
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Fox reports rise in quarterly revenue, beats profit estimates
FOX Corp topped Wall Street expectations for quarterly profit and reported a rise in revenue on Tuesday (Aug 6), helped by steady demand for its Tubi streaming service in the…
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Yeo Hiap Seng posts lower net profit of S$3.2 million for H1
FOOD and beverage (F&B) group Yeo Hiap Seng reported a net profit of S$3.2 million for the half year ended Jun 30, 2024, down 3.8 per cent from S$3.3 million…
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Dyna-Mac H1 profit surges 280.3% to S$38.8 million on higher productivity, revenue and projects completion
Higher profit attributed to the completion of major projects, improved productivity and increase in volume of projects undertaken OFFSHORE oil and gas contractor Dyna-Mac Holdings’ net profit more than doubled…
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F&N net profit up 37.3% to S$123 million for first nine months of FY2024
BEVERAGE maker F&N posted a net profit of S$123 million for the nine months ended Jun 30, 2024, a 37.3 per cent increase from S$89.6 million in the same period…
