Business
OUE to book net loss for FY2025 on China exposure, impairment loss
It owns 29.07% of an investee company whose business is adversely impacted by the slowdown of the property market in China OUE is expected…
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FY2025
Business
Ong Beng Seng’s HPL to report net loss for FY2025 as finance costs remain high
Hotel Properties Ltd (HPL), owned by real estate magnate Ong Beng Seng, is expected to post a net loss for the financial year ended Dec…
Business
EV maker Nio set to record first adjusted operating profit for Q4 FY2025
The turnaround is driven by ‘sustained growth’ in sales volume and a favourable product mix Electric vehicle manufacturer Nio expects to…
Business
ST Engineering books record S$18.7 billion in contract wins for FY2025
Singapore Technologies Engineering’s (ST Engineering) total contract awards for 2025 reached a record S$18.7 billion, exceeding the S$12.6…
Business
Info-Tech Systems forecasts ‘considerable increase’ in consolidated net profit for FY2025
Software provider Info-Tech Systems expects to report a “considerable increase” in its consolidated net profit for FY2025, compared with…
Business
PC Partner soars 27.8% 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…
Business
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…
Business
Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore Marine logistics…
Business
Coliwoo expects stronger core profit despite lower net profit before tax for FY2025
Better profit is attributed to absence of net fair value gain on investment properties in the financial year ended Sep 30 Co-living…
Business
Acra wants boards to scrutinise the numbers ahead of FY2025 reporting
This call to action comes amid the global economic uncertainties from trade and tariff-related risks Company directors should exercise…
Business
SGX CEO Loh Boon Chye’s pay rises 3.3% to S$7.82 million in FY2025
The pay hike is driven by increases to cash bonuses and long-term incentives that he received for the financial year Singapore Exchange…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras)…
Business
UOB resumes guidance for FY2025 with trimmed forecasts amid Q2 earnings miss
UOB has resumed guidance on its full-year 2025 targets after briefly pausing them in the first quarter, but the projections are now…
Business
Lendlease Global Commercial Reit posts 1.8% higher DPU of S$0.018 for H2 FY2025
Lendlease Global Commercial Real Estate Investment Trust (Reit) posted a marginal improvement of 1.8 per cent in its distribution per unit…
Business
Netlink NBN Trust reports a 9.2% fall in Q1 FY2025 earnings to S$23.3 million, on lower Ebitda and expanded asset base
But its revenue was up 1.9% year on year to S$102.8 million; Ebitda took a dip of 1.9% to S$70 million The manager of Netlink NBN Trust on…
Business
Del Monte Philippines’ FY2025 Ebitda rises 40%, as exports growth drives sales
Del Monte Philippines said earnings for the year ended May 2025 rose, powered by higher domestic and international sales. The subsidiary…
Business
AEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM…
Business
SingPost pays ex-CEO Phang S$616,400 for FY2025 as it pursues automation, leadership reset
Former Singapore Post (SingPost) group chief executive Vincent Phang, who was dismissed over the mishandling of a whistleblower complaint,…
Business
Temasek’s Mapletree Investments returns to profit, hits record AUM of S$80.3 billion in FY2025
Temasek’s Mapletree Investments reversed a loss from the previous year to turn a profit of S$227.2 million for the full-year ended Mar 31,…
Business
SunMoon sinks to S$1.5 million loss in FY2025 despite higher revenue
Fruit distributor SunMoon Food Company has sunk into the red with a net loss of S$1.5 million for the full year ended March, compared with…
Business
Bukit Sembawang Estates H2 FY2025 earnings up 13% at S$51.4 million
Property developer Bukit Sembawang Estates reported a net profit after tax of S$51.4 million for the second half of its financial year…
Business
Lendlease Global Commercial Reit posts 10.4% retail rental aversion for Q3 FY2025
Lendlease Global Commercial Real Estate Investment Trust (LReit) on Wednesday (May 7) posted a positive retail rental reversion of 10.4…
Business
Cordlife expects to be in the red for FY2024; ‘no assurance’ of profitability in FY2025
PRIVATE cord-blood bank Cordlife expects to post a loss for the 2024 fiscal year due to the financial fallout from lapses discovered in…
Business
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5m
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for the H1 FY2025, marking a 16.9 per cent…