Profit
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Boustead Singapore H2 profit up 64% to S$37.3 million on improved revenue
ENGINEERING and technology group Boustead Singapore : F9D 0% has posted a 64 per cent increase in its second-half net profit. In a bourse filing on Monday (May 27), it…
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Ley Choon Group H2 profit rises to S$5.5 million, declares first dividend since 2014
ROAD works construction company Ley Choon Group : Q0X 0% on Monday (May 27) reported a net profit from continuing operations of S$5.5 million for the second half ended Mar…
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US dollar down on profit taking but upbeat outlook remains
THE US dollar slipped against most major currencies on Friday (May 24) as traders booked profits after recent gains but the US currency remained well-placed for further advances, supported by…
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India’s Bosch posts Q4 profit rise on higher demand
Bosch, the Indian arm of German automotive supplier Robert Bosch, reported a 41.5 per cent climb in fourth-quarter profit on Friday (May 24), helped by better demand for its automotive…
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Stamford Land H2 net profit falls 88.9% on absence of disposal gains
STAMFORD Land : H07 0% reported on Friday (May 24) an 88.9 per cent decline in net profit for its second half, in the absence of disposal gains in the…
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US dollar slips on profit taking but upbeat outlook remains
THE US dollar slipped broadly on Friday (May 24) as traders booked profits after recent gains but the US currency remained well-placed for further advances, supported by strong US economic…
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Metro H2 profit drops 23% to S$6.4 million
METRO Holdings’ net profit for the half-year ended March was down 23 per cent to S$6.4 million, from S$8.3 million the year before. This was despite a 3.8 per cent…
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Nomura pay for top executives rises 150% after profit recovers
NOMURA Holdings more than doubled pay for its top managers last fiscal year, as earnings at Japan’s largest brokerage rebounded on better trading and the nation’s economic recovery. Total compensation…
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Jardine Matheson Q1 performance similar y-o-y; lower full-year profit expected
JARDINE Matheson Holdings on Thursday (May 23) reported that the performance of its businesses in the first quarter of 2024 was similar with that in the year-ago period. However, the…
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Citi profit drops as costs rise for employee severance, deposit insurance
CITIGROUP’S profit fell in the first quarter as it spent more on severance payments for laid-off employees and set aside money to refill a government deposit insurance fund. Net income…
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Wells Fargo profit shrinks more than 7% on lower interest income
WELLS Fargo’s profit fell more than 7 per cent as it earned less from customer interest payments in the first quarter, sending its shares down 3 per cent in premarket…
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JPMorgan profit beats estimates even as interest income misses predictions
JPMORGAN Chase’s profit beat estimates in the first quarter, but shares dropped after the bank’s forecast for income from interest payments fell short of analysts’ expectations. High borrowing costs have…
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Uniqlo operator Fast Retailing’s Q2 profit climbs 7.2%
JAPAN’S Fast Retailing said on Thursday (Apr 11) that second-quarter profit increased by 7.2 per cent, continuing momentum for what the Uniqlo operator expects to be a third straight year…