Culture
Duty Free International returns to the black with RM2.6 million Q2 net profit
Revenue for the quarter is up 14.5% at RM42.6 million amid stronger customer demand Malaysian retail group Duty Free International…
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profit
Culture
ByteDance to get about 50% of TikTok US profit under Trump deal: sources
TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority…
Culture
Wilmar maintains profit expectations; CEO scoops up S$2.7 million of shares as stock falls
Despite a verdict from the Indonesian Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines…
Culture
StanChart Singapore’s H1 profit climbs 12.4% to nearly S$1 billion
The rise in earnings comes amid a boost in fee and commission income, as well as forex income Standard Chartered (StanChart) Singapore’s…
Culture
Del Monte Pacific swings into the black in Q1 with US$5.5 million net profit
This is due to higher sales from both the company’s domestic market in the Philippines and international markets Canned-food brand Del…
Culture
IHH Healthcare Q2 net profit falls 28.9% on higher staff costs
Integrated healthcare provider IHH Healthcare posted a 28.9 per cent drop in net profit to RM443 million (S$134.7 million) for its second…
Culture
Jack Ma-backed Ant’s profit dives 60% after AI, global expansion
ANT Group’s quarterly profit fell 60 per cent, after the Chinese digital payments giant made more inroads overseas and invested in…
Culture
Malaysia's Petronas says it will undergo 'strategic transformation' as H1 profit falls
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) said on Friday (Aug 29) that it was undergoing a ‘strategic transformation’…
Culture
Chinese banks face profit squeeze as loan growth falters
Top Chinese banks’ first-half results on Friday (Aug 29) will underline the impact of slowing loan growth in a deflationary economy, a…
Culture
GuocoLand falls by nearly 3% after reporting slump in H2 net profit to S$32.4 million
Shares of GuocoLand tumbled by close to 3 per cent on Friday (Aug 29) morning following the announcement of its net profit for the…
Culture
Shangri-La Asia H1 net profit down 38.7% at US$57.9 million amid higher revenue
Hotel group Shangri-La Asia on Thursday (Aug 28) posted a net profit of US$57.9 million for the six months ended Jun 30, 2025, down 38.7…
Culture
GuocoLand’s H2 net profit falls 48% as China losses offset Singapore growth
Property developer GuocoLand posted a 48 per cent drop in net profit to S$32.4 million for its half year ended Jun 30, from S$62.4 million…
Culture
Australia’s Lynas posts over 90% fall in annual profit; to raise A$750 million
RALIA’S Lynas Rare Earths posted a more than 90 per cent fall in its full-year profit on Thursday, hurt by depreciation from its…
Culture
Air New Zealand full-year profit falls 15%, sees weakness ahead
The airline has been hamstrung by groundings due to extra maintenance on Pratt & Whitney and Rolls-Royce engines worldwide, and at one…
Culture
Qantas’ annual profit rises 15%
RALIAN carrier Qantas Airways reported a 15 per cent rise in full-year underlying profit on Thursday, driven by robust travel demand…
Culture
Qantas posts second-highest annual profit on robust travel demand
AUSTRALIAN carrier Qantas Airways on Thursday posted its second-best annual underlying earnings and announced the highest full-year…
Culture
HP’s profit forecast suggests it can withstand tariff hit
HP gave a profit outlook for the current quarter that may beat expectations, showing firming demand for computers and interest in new…
Culture
Tan Chong reverses from loss to HK$11.7 million profit in H1
Automotive group Tan Chong International posted a net profit of HK$11.7 million (S$1.9 million) for the first half ended Jun 30, reversing…
Culture
Profit dives at China’s top food delivery firm Meituan amid intense competition
China’s leading food delivery group Meituan, reported on Wednesday (Aug 27) a fall of 89 per cent in second-quarter adjusted net profit as…
Culture
Maybank Q2 net profit up 3.9% on higher investment, trading income
Maybank posted on Tuesday (Aug 26) a 3.9 per cent increase in net profit to RM2.63 billion (S$802.2 million) for the three months ended…
Culture
BOC Aviation net profit drops 26% to US$342 million; interim dividend at US$0.1476 per share
Asian aircraft leasing giant BOC Aviation posted a 26 per cent drop in net profit for the first half of 2025, though the number was…
Culture
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid falling revenue, margin squeeze
The group operating profit for Singapore Post (SingPost) in the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent…
Culture
Sats rises 5.7% to three-week high on Q1 profit growth
Shares of ground handler and in-flight caterer Sats climbed in early trade on Thursday (Aug 21), a day after the group posted higher…
Culture
Sats rises 2.5% on Q1 profit growth
Shares of ground handler and in-flight caterer Sats advanced on Thursday (Aug 21), a day after the group posted higher first-quarter…