Profit
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ComfortDelGro H2 net profit up 76.5% as core public transport, taxi, private hire takings grow
TRANSPORT operator ComfortDelGro on Thursday (Feb 29) announced a net profit of S$102 million for the second half of 2023, up 76.5 per cent from S$57.8 million in the year-earlier…
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British Airways owner says 2023 profit soars six-fold
BRITISH Airways parent IAG announced on Thursday (Feb 29) that net profit surged six-fold last year, boosted by “strong” demand particularly from leisure travellers as the bounceback from Covid continued.…
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China Aviation Oil H2 profit up 187.1% to US$39 million amid air travel recovery
CHINA Aviation Oil (CAO) registered a 187.1 per cent rise in net profit to US$39 million for its second half-year ended December, from US$13.6 million in H2 FY2022. This was…
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China Aviation Oil H2 profit up 182% to US$39.1 million amid air travel recovery
For the full year, net profit was up 75.5 per cent to US$58.9 million from US$33.5 million in FY2022. Revenue for the year, however, dropped 12.4 per cent to US$14.4…
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Hong Kong exchange’s 2023 profit misses forecast as new listings, trading income sags
HONG Kong’s bourse operator on Thursday (Feb 29) reported an 18 per cent profit rise in 2023, but missed estimates as higher investment income was offset by a drop in…
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Sats posts S$31.5 million Q3 profit on strong cargo volumes, seasonal demand
IN-FLIGHT caterer and ground handler Sats on Thursday (Feb 29) posted a 41.9 per cent quarter-on-quarter rise in third-quarter net profit to S$31.5 million from S$22.2 million. It recorded performance…
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First Resources H2 profit falls 62.5% on palm oil price downturn
FIRST Resources posted a 62.5 per cent drop in net profit to US$73.9 million for its second half year ended December, from US$197.2 million in the previous corresponding period. This…
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ST Engineering H2 profit rises 19.9% to S$305.9 million
SINGAPORE Technologies Engineering’s (ST Engineering) net profit for the second half ended Dec 31, 2023, rose 19.9 per cent to S$305.9 million from S$255 million in H2 FY2022. On Thursday…
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AMC theatre chain’s profit falls short of estimates, shares drop
AMC Entertainment Holdings, the world’s largest theatre chain, reported fourth-quarter earnings that fell short of Wall Street estimates, sending the shares lower. AMC posted a profit of US$42.5 million before…
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Zheneng Jinjiang H2 profit plummets on impairment loss, revenue down 18.8% to 1.8 billion yuan
ZHENENG Jinjiang Environment posted a net profit of 15.3 million Chinese yuan (S$2.9 million) for the second half ended Dec 31, 2023, plummeting 93.4 per cent from 231.5 million yuan…
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Amara Holdings H2 profit grows 2% to S$6.5 million
AMARA Holdings on Wednesday (Feb 28) announced a net profit of S$6.5 million for the second half of 2023, up 1.6 per cent from the year-ago period. The results translate…
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Riverstone’s Q4 net profit rises 60.7% to RM67.5 million; recommends special dividend
RIVERSTONE Holdings delivered a 60.7 per cent jump year on year (yoy) in net profit to RM67.5 million (S$19.1 million) for the fourth quarter to December, as a dip in…
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Yangzijiang Financial H2 profit jumps 53.3% as dividend income surges to S$6.3 million
YANGZIJIANG Financial Holding posted a net profit of S$39.3 million for the six months ended Dec 31, 2023, up 53.3 per cent from earnings of S$25.6 million in the year-ago…
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Centurion H2 net profit up 198% to S$114.8 million, powered by demand for specialised accommodation
SPECIALISED accommodation assets operator Centurion Corporation reported a net profit of S$114.8 million for the six months ended Dec 31, 2023, a 198 per cent jump from S$38.5 million in…
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Canada’s RBC beats profit estimates boosted by higher interest income
CANADA’S No 1 lender Royal Bank of Canada on Wednesday (Feb 28) beat analysts’ estimates for quarterly profit as higher interest rates helped the bank earn more on its interest-bearing…
