Culture
British banks to join European rivals in hiking profit targets: sources
In continental Europe, many banks have already lifted their profit goals, signalling confidence higher margins will last for years…
Tag
profit
Culture
Info-Tech Systems up 10.5% on positive profit guidance
It remains under the initial public offering price but has hit its highest level in nearly two months Shares of Info-Tech Systems rose on…
Culture
PC Partner closes 20.9% higher on positive FY2025 profit guidance
It is now listed only in Singapore, having delisted from the Hong Kong bourse on Jan 14 Shares of electronics company PC Partner soared on…
Culture
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK]…
Culture
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12 Lum Chang Holdings (LCH) announced in a Thursday…
Culture
TSMC likely to post fourth-quarter profit leap driven by AI boom
TSMC, the world’s largest manufacturer of advanced artificial intelligence chips, is expected to post a 28 per cent jump in fourth-quarter…
Culture
Bank of America profit climbs as trading surges in volatile markets
Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased…
Culture
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31 JPMorgan Chase’s profit fell in the fourth…
Culture
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America The Japanese operator of the Uniqlo clothing brand, Fast…
Culture
Samsung expects record Q4 operating profit, beating expectations
Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’…
Culture
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024 THE standoff between China and…
Culture
TikTok owner ByteDance on track for US$50 billion profit in 2025
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major…
Culture
Top Glove Q1 profit surges more than 600% as costs fall
The glove maker reports a drop in operating expenses to RM842.9 million for the quarter Malaysian glove maker Top Glove on Wednesday (Dec…
Culture
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales Pfizer on Tuesday (Dec 16) forecast…
Culture
Global airlines set for record US$41 billion net profit next year: Iata
Global airline trade body Iata said on Tuesday the airline sector would post record profits next year despite ongoing supply-chain issues…
Culture
Apac airlines to increase net profit by 6.5% to US$6.6 billion in 2026: Iata
Asia-Pacific airlines are projected to record US$6.6 billion of net profit in 2026, up from S$6.2 billion in 2025, the International Air…
Culture
CIMB Q3 profit up 2.3% at RM2.08 billion
CIMB’s net profit for the third quarter ended Sep 30 rose 2.3 per cent to RM2.08 billion (S$653.5 million) from RM2.03 billion in the…
Culture
Fair value losses drag LHN H2 net profit down 82.7% to S$5.9 million
Property player LHN group posted a net profit of S$5.9 million for the half-year ended Sep 30, 2025, down 82.7 per cent from S$34.3…
Culture
Singapore Flyer operator Straco Q3 profit down 8% at S$10.7 million
Singapore Flyer operator Straco posted a net profit of S$10.7 million for its third quarter ended Sep 30, 8 per cent down from S$11.7…
Culture
IHH Healthcare’s Q3 net profit rises 15% to RM616 million
Revenue is up 16% at RM6.6 billion, on the back of strong performances from key markets Malaysia and India IHH Healthcare on Wednesday…
Culture
Coliwoo reports 75.1 per cent fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million in the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Culture
Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million for the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Culture
ThaiBev’s full-year net profit falls 6.8% to 25.4 billion baht
Thai Beverage posted a 6.8 per cent drop in net profit to 25.4 billion baht (S$1.02 billion) for the full year ended Sep 30, 2025, from…
Culture
Jack Ma-backed Ant’s profit grew 10% after AI, global expansion
Ant Group’s quarterly profit grew 10 per cent after the Chinese digital payments giant bolstered its artificial intelligence capacity via…