Profit
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Venture Corp H1 profit down 11.7% to S$123.7 million on lower revenue, demand
TECHNOLOGY solutions provider Venture Corporation reported a net profit of S$123.7 million for the first half of the year ended Jun 30, down 11.7 per cent from S$140 million in…
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Riverstone H1 net profit up 54.6% as demand for gloves recovers
New production lines are expected to be progressively commissioned by the end of this year MALAYSIAN glovemaker Riverstone Holdings posted a 54.6 per cent increase in net profit to RM144.7…
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Saudi Aramco’s second-quarter profit slips 3% on lower crude output
OIL giant Saudi Aramco on Tuesday (Aug 6) reported a 3.4 per cent fall in second-quarter profit on lower crude volumes and softer refining margins. Aramco posted second-quarter net income…
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Saudi Aramco Q2 Profit Dips 3% As Output Stays Low
Saudi oil giant Aramco on Tuesday reported net income of $29.07 billion in the second quarter, a slight drop from the same period last year as output remained subdued. The…
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Emperador H1 net profit falls to 3.8 billion pesos
PHILIPPINE liquor giant Emperador on Tuesday (Aug 6) reported about a fall in first-half net profit to 3.8 billion pesos (S$87 million), compared to 4.7 billion pesos in the corresponding…
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Emperador H1 net profit falls 19.6% to 3.8 billion pesos
PHILIPPINE liquor giant Emperador on Tuesday (Aug 6) reported a fall in first-half net profit to 3.8 billion pesos (S$87 million), compared to 4.7 billion pesos in the corresponding year-ago…
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Sembcorp H1 profit up 2% to S$540 million on absence of loss from discontinued operation
The results translate to an earnings per share of S$0.303, up from S$0.2971 the year before ENERGY and urban solutions provider Sembcorp Industries posted a 2 per cent increase in…
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MUFG profit beats estimates with tailwind from rising rates
MITSUBISHI UFJ Financial Group reported quarterly profit that beat estimates, joining smaller rival Mizuho Financial Group in pointing to higher revenue from loans driven by rising rates in Japan. …
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DHL beats expectations on Q2 sales and profit
GERMAN logistics giant DHL reported second-quarter revenue and earnings slightly above expectations on Thursday (Aug 1) as air and ocean freight volumes showed modest improvements from a low starting level.…
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China woes cut BMW’s auto profit margin in Q2
BMW on Thursday (Aug 1) reported a lower-than-expected profit margin in its core automotive segment during the second quarter, as heightened competition and weaker demand in China weighed on the…
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Hugo Boss misses Q2 operating profit expectations
HUGO Boss reported a 42 per cent drop in second-quarter operating profit on Thursday (Aug 1), below market expectations, two weeks after the German fashion house slashed its annual forecasts…
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Japfa reverses into the black with US$51.7 million H1 net profit
JAPFA reported on Wednesday (Jul 31) a net profit of US$51.7 million for the first half of the year, reversing into the black from a loss of US$53.6 million in…
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Keppel H1 profit from continuing operations up 7% at S$513 million
Its board of directors is proposing a tax exempt one-tier interim cash dividend of S$0.15 per share KEPPEL posted a 7 per cent increase in net profit to S$513 million…
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Plantation business powers Indofood Agri Resources’ H1 net profit to 297.9 billion rupiah
INDOFOOD Agri Resources posted a net profit of 297.9 billion rupiah (S$24.5 million) for the first half ended Jun 30, up 236 per cent from the 88.6 billion rupiah posted…
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India’s Adani Power Q1 profit down more than half as fuel costs bite
Consolidated net profit fell from 87.59 billion rupees a year earlier to 39.13 billion rupees (S$625.1 million) in the April-June quarter Indian thermal power producer Adani Power reported a 55.3…
