Profit
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Samudera Shipping H1 profit down 68.7% to US$20.9 million
Contributions from container segment are lower and the outlook of the container shipping industry remains challenging, says the group SAMUDERA Shipping posted a 68.7 per cent drop in net profit…
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Sheng Siong H1 net profit up 7% on higher revenue
SUPERMARKET chain Sheng Siong posted a 7 per cent increase in net profit to S$69.9 million for the first half ended Jun 30, from S$65.4 million the year before. Revenue…
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Hot stock: Seatrium up as much as 9.3% after H1 profit guidance
The offshore and marine specialist expects a net profit for the first half of its financial year SHARES of Seatrium surged on Monday (Jul 29) in early trade, following the…
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SIA Engineering net profit rises 23% to S$33.2 million in Q1 on healthy MRO demand
AIRCRAFT maintenance provider SIA Engineering Company (SIAEC) reported a net profit of S$33.2 million for its first quarter ended Jun 30. This was up 23 per cent from S$27 million…
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First Sponsor’s H1 net profit climbs 12.4% to S$11.9 million
FIRST Sponsor Group on Thursday evening (Jul 25) reported a net profit of S$11.9 million for the half year ended Jun 30, up 12.4 per cent from S$10.6 million a…
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First Sponsor H1 net profit climbs 12.4% to S$11.9 million
FIRST Sponsor Group on Thursday evening (Jul 25) reported a net profit of S$11.9 million for the half year ended Jun 30, up 12.4 per cent from S$10.6 million a…
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Nasdaq profit beats estimates as fintech sales soar
Revenue from its financial technology unit soared nearly 79 per cent to US$420 million in the second quarter Nasdaq beat estimates for second-quarter profit on Thursday (Jul 25), driven mainly…
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American Airlines cuts annual profit forecast on pricing pressures
AMERICAN Airlines cut its annual profit forecast on Thursday (Jul 25) as uneven demand trends and overcapacity in certain markets dampened the carrier’s pricing power, sending its shares down 8…
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Toymaker Hasbro’s turnaround efforts help quarterly sales, profit
HASBRO posted a smaller-than-expected drop in second-quarter sales on Thursday (Jul 25) as steady digital gaming demand offset a slump in toy sales, while cost-control strategies helped the toymaker beat…
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AstraZeneca raises profit outlook on strong medicines demand
Anglo-Swedish drugmaker AstraZeneca raised its full year sales and profit forecast on Thursday (Jul 25) after beating analyst expectations for second-quarter revenue on strong demand for its cancer, rare disease…
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Julius Baer’s profit falls as post-Benko recovery awaits new CEO
JULIUS Baer Group said profit fell in the first half of the year even as clients began returning funds, in a sign of an uneven recovery from last year’s Signa…
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Nissan Shares Plunge After Profit Warning
Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing “intense sales competition”, especially in the United States. The company and its domestic…
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Nvidia supplier SK Hynix posts highest profit in six years on AI boom
SOUTH Korea’s SK Hynix posted its highest quarterly profit since 2018 on Thursday (Jul 25) as the Nvidia supplier said second-half artificial intelligence (AI) chip demand will rise further, such…
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Gucci-owner Kering forecasts 30% fall in H2 operating profit on sluggish China demand
KERING reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group works to revive its key label Gucci while facing subdued demand…
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Renault sticks to 2024 outlook as first-half profit beats estimates
RENAULT posted a better-than-expected operating profit for the first half of the year on Wednesday (Jul 24) due to strong pricing and new vehicle launches, and stuck to its full-year…
