Profit
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Winking Studios posts 15.5 per cent drop in net profit for H2 FY23
ACER-BACKED Winking Studios, which provides art outsourcing and game development services for the video game industry, has posted a 15.5 per cent drop in net profit for the six months…
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Apac Realty H2 profit down 31.4% to S$6.8 million
APAC Realty posted a 31.4 per cent drop in net profit to S$6.8 million for the six months ended Dec 31, 2023, from S$9.9 million in the corresponding period the…
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Hong Leong Finance H2 net profit falls 45% to S$46.8 million
HONG Leong Finance reported on Friday (Feb 23) a 45.4 per cent decline in net profit for the second half of 2023, on the back of lower net interest income.…
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Deutsche Telekom sees 2024 profit up 6% on German, US growth
DEUTSCHE Telekom, Europe’s largest telecommunications operator, forecast its earnings this year will continue to grow after a strong 2023, boosted by growth in Germany and the US. Adjusted earnings before…
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QAF H2 profit rises 101% to S$22.6 million on higher sales, joint venture contribution
MAINBOARD-LISTED QAF posted a 101 per cent rise in net profit to S$22.6 million for the second half of the year ended Dec 31, 2023, from S$11.2 million in the…
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QAF profit rises 101% to S$22.6m in H2
MAINBOARD-LISTED QAF posted a 101 per cent rise in net profit to S$22.6 million for the second half of the year ended Dec 31, 2023, from S$11.2 million in the…
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SingLand H2 net profit rises 7% to S$102.4 million on fair-value gain on investment properties
For the full year ended Dec 31, 2023, net profit was down 40 per cent to S$270.8 million, while revenue was up 12 per cent to S$684.6 million. The revenue…
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Allianz profit jumps; insurer unveils 1 billion euro buyback
ALLIANZ reported a fourth-quarter profit that jumped by 17 per cent as the parent company of Pacific Investment Management prepares to return more capital to investors. Group operating profit rose…
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BASF plans more German cuts even as group profit set to rebound
GERMANY’S BASF will slash another one billion euros (S$1.5 billion) in annual costs at its Ludwigshafen headquarters, citing weak demand and high energy costs in its home market, highlighting the…
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StanChart announces US$1 billion share buyback, dividend hike as 2023 profit rises 18%
STANDARD Chartered on Friday (Feb 23) reported 2023 pre-tax profit rose 18 per cent, in line with forecasts, and rewarded shareholders with a US$1 billion share buyback and a jump…
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StanChart announces US$1 billion share buyback, dividend hike as 2023 profit rises 18%
STANDARD Chartered on Friday (Feb 23) reported 2023 pre-tax profit rose 18 per cent, in line with forecasts, and rewarded shareholders with a US$1 billion share buyback and a jump…
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Singtel’s Q3 profit falls 12.5% to S$465 million on exceptional items
SINGTEL’S net profit for the third quarter ended Dec 31, 2023, was down 12.5 per cent to S$465 million from S$532 million in the same period a year ago. On…
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HRnetGroup H2 profit rises 7.1% to S$35.3 million on strong profit margin
MAINBOARD-LISTED HRnetGroup posted a 7.1 per cent rise in net profit to S$35.3 million for the second half of 2023, from S$32.9 million in the previous corresponding period. This was…
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Genting Singapore H2 profit rises 31% to S$334.9 million on strong post-pandemic recovery
INTEGRATED resort operator Genting Singapore posted a 31 per cent rise in net profit to S$334.9 million for the second half of 2023, from S$255.7 million in the previous corresponding…
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Aztech H2 net profit more than doubles to S$57.1 million
AZTECH Global’s net profit rose 134.6 per cent on year in the second half of 2023 to S$57.1 million, bringing the group’s net profit for the full year to a…
