Posts Tagged ‘yearago’
AEM posts S$4 million 9M net profit, reversing year-ago loss, with “AI era” new solutions
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer [SINGAPORE] Test solutions provider AEM Holdings posted a S$4 million profit for the nine months ended Sept 30, reversing its year-ago loss. This was due to a more favourable product mix, with higher contributions from advanced test solutions, the…
Read MoreApril new home sales dip 9% month on month to 663 units, but are double year-ago levels
[SINGAPORE] Developers in Singapore sold 663 private homes in April, down 9 per cent from the month before, but up 120 per cent from the 301 units a year earlier, data released by the Urban Redevelopment Authority on Thursday (May 15) showed. Analysts attributed the month-on-month decline to the macroeconomic uncertainties brought on by US…
Read MoreWilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024. The decline was due to the absence of a US$231 million gain in the year-ago period – from the disposal of its Moroccan associate Cosumar – as well as a US$22.8 million net…
Read MoreANZ’s Q1 revenue in line with year-ago average
AUSTRALIA’S fourth-biggest lender ANZ Group said on Monday (Feb 12) that its first-quarter group revenue was in line with the quarterly average of its first-half of fiscal 2023 revenue, driven by its institutional division markets business. Surging demand for its institutional banking services pushed Australia’s fourth-biggest lender to post a record annual profit last year,…
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