Culture
Bumitama Agri’s 9M profit rises 29% with record rainfall in Central Kalimantan
Crude palm oil accounts for 84% of its sales, with the remainder from palm kernel Palm oil producer Bumitama Agri posted a 29 per cent…
Tag
profit
Culture
SIA profit drops 82% to S$52 million in Q2; declares S$900 million special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which are not included in previous year’s results…
Culture
Hapag-Lloyd’s nine-month profit drops 50% as shipping market volatility persists
Security risks and US policy shifts unsettle demand and freight rates, hurting shipping profits German container shipping firm Hapag-Lloyd…
Culture
Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Palm oil producer Golden Agri-Resources (GAR) posted a 17 per cent quarter-on-quarter rise in net profit for the third quarter ended Sep…
Blog
House seeks to repeal provision to allow GOP senators to profit from phone record disclosure
House Republicans are planning to fast-track a vote next week to repeal a provision in the spending deal they're about to pass that would…
Culture
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 Test solutions provider AEM Holdings…
Culture
Boustead posts 3% drop in H1 net profit as US tariffs moderate energy sector activities
The board nevertheless declares an unchanged interim cash dividend of S$0.015 per share Mainboard-listed Boustead Singapore’s net profit…
Culture
SingPost tumbles 3.6% after announcing H1 profit drop
Shares of Singapore Post (SingPost) fell by as much as 3.6 per cent or S$0.015 to S$0.405 after the company announced its financial…
Culture
Ikea profit falls 26% to 1.7 billion euros as US tariffs fuel costs
Overall sales from the company’s stores across 63 markets around the world fall for a second year in a row Sweden’s Inter Ikea, which…
Culture
Cortina’s H1 profit rises 10% to S$30.5 million amid stronger regional sales
Luxury watch retailer Cortina posted a 10 per cent rise in net profit to S$30.5 million for the six months ended Sep 30, up from S$27.8…
Culture
Honda cuts annual operating profit outlook on EV cost hit, slow Asia sales
It cut its operating profit forecast for the year through March 2026 to 550 billion yen (S$4.67 billion) from 700 billion yen Honda Motor…
Culture
British Airways-owner IAG third-quarter profit inline with expectations
British Airways-owner IAG on Friday (Nov 7) reported a slight increase in operating profit for the third quarter, largely in line with…
Culture
OCBC Q3 profit flat at S$1.98 billion, beats expectations
OCBC’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 7).…
Culture
Thakral’s profit triples to S$19.5 million on divestment of Osaka property
Investment and lifestyle group Thakral Corporation’s net profit more than tripled to S$19.5 million for the third quarter ended Sep 30, up…
Culture
Nissan returns to operating profit in Q2
Nissan booked 51.5 billion yen (S$437.4 million) in operating profit for July-September Nissan Motor swung back to an operating profit in…
Culture
Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges
The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market Nippon Steel,…
Culture
Hong Kong exchange profit jumps 56% on trading, IPO boom
The benchmark index has surged 29% driving stock and derivatives trading to records Hong Kong’s stock exchange reported another record…
Culture
Uber misses on profit even as rideshare, delivery trips soar
The company says that adjusted Ebitda for the fourth quarter will be US$2.41 billion to US$2.51 billion Uber Technologies shares fell…
Culture
Pfizer boosts profit view as it battles for obesity startup
Pfizer raised its 2025 profit forecast for the second time this year, as ongoing cost cuts helped make up for slow sales growth that’s…
Culture
SIA Engineering net profit up 13.5% to S$40.4 million for Q2 of FY2026
SIA Engineering had a 13.5 per cent improvement in net profit to S$40.4 million for the quarter ended September, as the increase in…
Culture
SIA Engineering Q2 net profit up 13.5% at S$40.4 million
Its rise in revenue outpaced that of its rise in expenditure; contributions from associated and joint-venture companies also increased SIA…
Culture
Aramco profit beats estimates in first sign of easing pressure
Net income adjusted for one-time items rose 0.8% to US$28 billion in the third quarter from a year earlier Saudi Aramco reported profit…
Culture
India’s Bharti Airtel posts surge in quarterly profit as higher-paying users grow
Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its sixth straight quarterly profit rise on Monday (Nov…
Culture
NetLink Trust posts 10.2% drop in H1 profit to S$43.5 million on higher depreciation
Fibre network provider NetLink NBN Trust on Monday (Nov 3) posted a 10.2 per cent drop in net profit to S$43.5 million for the half-year…