Revenue
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Bank of America CEO expects markets revenue to jump in fourth quarter
[NEW YORK] Bank of America CEO Brian Moynihan said on Wednesday he expects revenue from the bank’s markets business to rise between a high single-digit percentage and 10 per cent…
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Vietnam’s Export Revenue Surpasses US$280 Billion as High-Value Goods Drive Growth
Vietnam recorded strong trade performance over the recent period, with export earnings exceeding US$280 billion, driven largely by high-value industrial products. According to official data, 36 export items each generated…
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Hewlett Packard forecasts weak quarterly revenue, shares fall
Analysts expect macroeconomic weakness to continue to pressure the compute, storage and networking sectors [MEXICO CITY] Hewlett Packard Enterprise (HPE) forecast first-quarter revenue below Wall Street estimates on Thursday (Dec…
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Li Auto adds to gloomy China EV outlook with revenue miss
In Q3, the company’s revenue fell 36%, the worst drop since its US listing in 2020 [HONG KONG] Li Auto’s fourth quarter forecasts fell short of expectations, adding to investor…
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China’s Didi Q3 revenue up 8.6% as costly overseas expansion accelerates
The company has accelerated overseas investment this year, notably expanding food delivery to additional cities [BEIJING] Didi Global reported an 8.6 per cent rise in third-quarter revenue on Wednesday (Nov…
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Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector [SHANGHAI] Chinese e-commerce giant Alibaba beat analysts’ quarterly revenue estimates on Tuesday (Nov 25)…
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CSE Global’s Q3 revenue swells 20.5% but order book shrinks
Its order intake was weighed down by a lack of major projects and unrepeated orders from the same year-ago period [SINGAPORE] Systems integrator CSE Global posted a 20.5 per cent…
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Frencken Q3 profit rises 7.5% to S$9.9 million, expects marginally lower revenue in H2
Revenue up 6.5% at S$211.5 million from S$198.6 million, driven mainly by mechatronics division [SINGAPORE] Semiconductor player Frencken posted a 7.5 per cent rise in net profit for its third…
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Frasers Property full-year profit rises 17.8% to S$243 million on fair value gains; revenue dives S$800 million
[SINGAPORE] Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real estate company on Friday (Nov 14). For…
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Centurion posts 9% rise in Q3 revenue with strong demand for worker, student housing
The company has S$713 million in borrowings as at Sep 30, against S$434 million in cash [SINGAPORE] Centurion Corp saw revenue rise 9 per cent to S$67.5 million for the…
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Disney Channels Remain Blocked on YouTube TV, Causing $30 Million Weekly Revenue Loss
Disney‘s standoff with YouTube TV has stretched into its second week, costing the entertainment giant an estimated $30 million in lost revenue every week, according to a new report from…
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Tencent posts 15% revenue jump, sustaining growth without splashy AI bets
China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September [SHENZHEN, China] Tencent Holdings posted a faster-than-anticipated 15 per cent rise in revenue, sustaining…
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ST Engineering shares jump as much as 4.1% on revenue increase, special dividend
[SINGAPORE] Shares of ST Engineering jumped as much as 4.2 per cent on Thursday (Nov 13) after an increase in its nine-month revenue. The counter climbed S$0.35 to S$8.64 as…
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ST Engineering shares jump as much as 4.1% on revenue increase, special dividend
[SINGAPORE] Shares of ST Engineering jumped as much as 5.4 per cent on Thursday (Nov 13) after an increase in its nine-month revenue. The counter climbed S$0.45 to S$8.74 as…
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ST Engineering shares jump as much as 4.1% on revenue increase, special dividend
[SINGAPORE] Shares of ST Engineering rose on Thursday (Nov 13) after it posted a year-on-year increase in nine-month revenue. The counter hit S$8.74 at 1.31 pm, before paring some gains…
