Culture
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline…
Tag
profit
Culture
Barclays sets new performance goals as 2024 pretax profit rises
BARCLAYS upped its 2025 performance guidance on Thursday (Feb 13) after posting a 24 per cent rise in annual pretax profit for 2024 that…
Culture
Sony hikes profit forecast on strong gaming business
It expects a net profit of 1.08 trillion yen (S$9.44 billion) in the year ending March 31, compared with an earlier projection of 980…
Culture
Siemens posts better-than-expected profit despite weakness at factory automation
The company’s industrial profit falls 8% to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion euros Siemens reported…
Culture
Meta accounting move on AI servers to boost profit this year
META Platforms made a small change last month that’s likely to increase the company’s profit by billions of US dollars this year. It was…
Culture
iFast Q4 net profit up 46.3% to S$19.3 million
DIGITAL bank and wealth management platform iFast has reported a 46.3 per cent increase in net profit to S$19.3 million for the fourth…
Culture
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower…
Culture
NSL reverses losses with a net profit of S$18.9 million in latest 6-month results
INDUSTRIAL group NSL posted a net profit of S$18.9 million for the six-month period ended Dec 31, 2024, a reversal from its net loss of…
Culture
Wing Tai H1 net profit declines 51% to S$10.1 million
PROPERTY and retail company Wing Tai Holdings’ net profit continued its decline in the first half of its 2025 fiscal year due to lower…
Culture
BP pledges reset as annual profit dips below US$9 billion
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in…
Culture
BP pledges strategy reset as annual profit falls by a third
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in…
Culture
GuocoLand H1 profit up 13 per cent to S$74.6 million
PROPERTY developer GuocoLand reported a net profit of S$74.6 million for the first half ended Dec 31, 2024, up 13 per cent year on year…
Culture
DBS posts 11% rise in Q4 profit to S$2.52 billion; full-year earnings hit record S$11.29 billion
The lender proposed a final dividend of S$0.60 Singapore cents per share for the fourth quarter DBS posted net profit for the fourth…
News
Early Crypto Traders Had Speedy Profit on Trump Coin as Others Suffered Losses
The curious trade came a little past 9 p.m. on Jan. 17 — a $1,096,109 bet less than two minutes after the soon-to-be president of the…
Fashion
Porsche warns pullback from EVs will drag on profit this year
Challenges with making the jump to EVs has cost the company dearly in China, where deliveries have dropped PORSCHE will take an 800…
Culture
SGX soars 9% on profit surge and strong prospects ahead; Maybank upgrades stock to ‘buy’
MAYBANK upgraded its call for the Singapore Exchange (SGX) to “buy” and raised its price target for the stock on Friday (Feb 7). That…
Culture
SGX soars 10% on profit surge and strong prospects ahead; Maybank upgrades stock to ‘buy’
MAYBANK upgraded its call for the Singapore Exchange (SGX) to “buy” and raised its price target for the stock on Friday (Feb 7). That…
Culture
F&N Q1 profit up 18.8% at S$52 million
BEVERAGE maker F&N reported a net profit of S$52 million for the first quarter ended Dec 31, an 18.8 per cent increase from S$43.8 million…
Culture
F&N Q1 profit up 18.8% at S$52 million as soft drinks, beer sales jump
BEVERAGE maker F&N reported a net profit of S$52 million for the first quarter ended Dec 31, an 18.8 per cent increase from S$43.8 million…
Culture
BRC Asia Q1 profit after tax rises 13.9% to S$19.5 million
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 million STEEL fabricator BRC Asia on Thursday (Feb 6)…
Culture
Maersk Q4 profit beats forecast, expects softer 2025 earnings
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9…
Culture
SocGen doubles Q4 profit as retail unit rebounds
SOCIETE Generale (SocGen) said on Thursday (Feb 6) it had doubled fourth-quarter profits after a recovery in its retail bank and increased…
Culture
Nomura soars to 16-year high as profit jump cements recovery
NOMURA Holdings’s shares jumped to their highest in 16 years after Japan’s biggest brokerage doubled third-quarter profit and beat market…
Fashion
Workday to cut nearly 2,000 workers on profit focus
WORKDAY is cutting about 8.5 per cent of its workforce, making it the latest technology company to begin 2025 with headcount reductions.…