Profit
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Hong Leong Asia H2 profit rises 185% on powertrain solutions, building materials growth
HONG Leong Asia, the trade and industry arm of the Hong Leong Group, on Wednesday (Feb 28) posted a net profit of S$34.1 million for the second half of the…
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Far East Orchard H2 net profit up four times on gains from student accommodation investments
REAL estate group Far East Orchard posted on Wednesday (Feb 28) a net profit of S$57.7 million for the six months ended Dec 31, 2023, more than four times the…
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Far East Orchard H2 net profit up four times to S$57.7 million on gains from student accommodation investments
REAL estate group Far East Orchard posted on Wednesday (Feb 28) a net profit of S$57.7 million for the six months ended Dec 31, 2023, more than four times the…
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UOB Kay Hian H2 profit up 92.2% as interest income jumps 28.7%
BROKERAGE firm UOB Kay Hian on Wednesday (Feb 28) reported a 92.2 per cent growth to its earnings for the second half ended Dec 31, 2023 on a lift to…
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Samudera Shipping H2 profit down 77% to US$34.6 million on lower freight rates
SAMUDERA Shipping posted a 77 per cent drop in net profit to US$34.6 million for its second half year ended Dec 31, 2023, from US$150.3 million in the previous corresponding…
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Golden Agri’s H2 profit falls 96.1% to US$15.3 million; proposes S$0.00613 final dividend
GOLDEN Agri-Resources reported net profit of US$15.3 million for the second half ended Dec 31, 2023, down 96.1 per cent from US$392.4 million in H2 FY2022 mainly due to lower…
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PropNex H2 profit down 27.1% to S$25.8 million amid buyer caution
For the full year, net profit was down 23.3 per cent on the year to S$47.8 million, while revenue declined 18.6 per cent to S$838.1 million. This was led by…
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CDL net profit drops 75% to S$317.3 million for 2023, targets S$1 billion in divestments
CITY Developments Ltd’s (CDL) net profit dropped 75 per cent to S$317.3 million in 2023, as higher financing costs ate into profits in the absence of divestment gains. This translate…
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Hot stock: Olam up as much as 10% as H2 profit rises 15.4% to S$230.8 million
SHARES of mainboard-listed Olam Group climbed as much as 10 per cent on Wednesday (Feb 28) after the agri-business group posted a 15.4 per cent rise in net profit for…
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Yangzijiang Shipbuilding H2 net profit rises 64.7% on gross profit margin increase
YANGZIJIANG Shipbuilding on Tuesday (Feb 27) reported net profit of 2.4 billion Chinese yuan (S$443.2 million) for the second half of the financial year ended Dec 31, 2023, up 64.7…
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Yangzijiang Shipbuilding H2 net profit rises 64.7% on rise in shipbuilding revenue
YANGZIJIANG Shipbuilding on Tuesday (Feb 27) reported net profit of 2.4 billion Chinese yuan (S$443.2 million) for the second half of the financial year ended Dec 31, 2023, up 64.7…
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Best World Q4 net profit drops 15.2% to S$40.4 million on China’s sales decline, rising distribution costs
BEST World International posted a 15.2 per cent drop in net profit to S$40.4 million for the three months ended Dec 31, 2023, from S$47.7 million in the corresponding quarter…
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Food Empire H2 net profit falls 9.6%, but full-year revenue at new high of US$425.7 million
FOOD and beverage manufacturer Food Empire Holdings posted a 9.6 per cent decline in net profit to US$29.8 million for its second financial half ended Dec 31, 2023, from US$33…
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Hotel Properties swings back to black with S$578.2 million H2 net profit
HOTEL Properties Limited (HPL) on Tuesday (Feb 27) reported a net profit of S$578.2 million for the six months ended Dec 31, 2023, a significant increase from the net profit…
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Cordlife braces for 25-30% slide to FY23 net profit amid mishandling scandal
PRIVATE cord blood bank Cordlife Group on Tuesday (Feb 27) said it is anticipating a 25 to 30 per cent slide to its net profit for the financial year ended…
