Business
Bukit Sembawang reports surge in H1 FY2025 earnings to S$62.9 million
PROPERTY developer Bukit Sembawang reported a 149 per cent surge in H1 FY2025 ended Sept 30 earnings to S$62.9 million from S$25.2 million…
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Business
Boustead Singapore posts 34% higher H1 profit of S$36 million
INFRASTRUCTURE-RELATED engineering and technology group Boustead Singapore posted a 34 per cent rise in net profit to S$36 million for its…
Business
The Hour Glass posts 20% fall in earnings for H1 2025 to S$61.4 million
THE Hour Glass posted a 20 per cent fall in H1 FY2025 ended Sept 30 earnings to S$61.4 million from S$77 million the year before. In a…
Business
Britain’s FCA fines Metro Bank £16 million for anti-money laundering failings
BRITAIN’S Financial Conduct Authority (FCA) has fined Metro Bank £16 million (S$27.4 million), for failings in its anti-money laundering…
Business
Asian Pay TV Trust’s Q3 net profit falls 36.5% to S$6.5 million
ASIAN Pay Television Trust’s (APTT) net profit for the third quarter ended September 2024 fell 36.4 per cent to S$6.5 million from S$10.2…
Business
Grab reports Q3 profit of US$15 million, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on year Grab on Tuesday (Nov 12) reported…
Business
CICT sells 21 Collyer Quay for S$688 million; trust earlier reported to be eyeing up to S$850 million
CAPITALAND Integrated Commercial Trust (CICT) has divested 21 Collyer Quay, an office building located in Raffles Place, for S$688…
Business
US opens probe into 1.4 million Honda vehicles over engine issues
THE National Highway Traffic Safety Administration (NHTSA) said on Monday (Nov 11) that it is opening a probe into 1.4 million Honda…
Business
Riverstone Q3 earnings rise 21.8% to RM72.2 million
Glovemaker’s revenue for the period also up by 33.9%, driven by increased production volume and higher average selling prices GLOVEMAKER…
Business
DBS CEO Piyush Gupta sells S$12.6 million worth of shares as DBS hits all-time high
DBS’ shares have shot past the S$40 mark in a rally; other major banks’ shares have also rallied amid bright Q3 earnings results OUTGOING…
Business
Sri Trang Agro-Industry posts Q3 net profit of 517.3 million baht
RUBBER group Sri Trang Agro-Industry reported a net profit of 517.3 million baht (S$20 million) for the third quarter ended Sep 30. This…
Business
Old Chang Kee H1 profit rises 42% to S$6.2 million
CURRY puff maker Old Chang Kee on Friday (Nov 8) posted a net profit of S$6.2 million for the six months ended Sep 30, climbing 42 per…
Business
Sri Trang Gloves posts Q3 loss of 86.5 million baht on depreciation of Thai currency
GLOVE manufacturer Sri Trang Gloves reported a net loss of 86.5 million baht (S$3.4 million) for the three months ended Sep 30, a 282.4…
Business
Sembcorp Industries to sell waste management unit to Indonesian energy company for S$405 million
ENERGY and urban development company Sembcorp Industries on Friday (Nov 8) announced that it intends to sell its wholly owned unit…
Business
SBS Transit Q3 earnings 1.7% higher at S$18.2 million in spite of lower operating profit
LISTED bus and train operator SBS Transit’snet profit inched up 1.7 per cent year on year to S$18.2 million for the third quarter of…
Business
F&N FY2024 earnings rise 12.7% to S$150.2 million on higher revenue
BEVERAGE and publishing company Fraser and Neave (F&N) on Friday (Nov 8) announced a 12.7 per cent rise in net profit to S$150.2 million…
Business
UMS Integration Q3 profit slumps 32% to S$10.4 million
SEMICONDUCTOR manufacturer UMS Integration on Friday (Nov 8) reported a 32 per cent decline in profit to S$10.4 million for the three…
Business
Stamford Land returns to black with H1 profit of S$15.2 million
This is largely due to the absence of a S$71.2 million fair value loss on investment property recorded a year ago PROPERTY company…
Business
Venture Corp’s Q3 net profit falls 4.7% to S$60.6 million
TECHNOLOGY company Venture Corporation reported a 4.7 per cent quarter-on-quarter (qoq) fall in net profit to S$60.6 million for the third…
Business
Singapore Airlines Q2 profit falls 59% to S$290 million on weaker operating performance
NATIONAL carrier Singapore Airlines (SIA) on Friday (Nov 8) reported a net profit of S$290 million for the second quarter ended Sep 30,…
Business
JTC in S$46.2 million buyback of Mercedes-Benz’ logistics property in Tuas
The luxe carmaker’s offer to give up the balance lease on site is seen as the result of its opening of a parts logistics centre in Johor…
Business
Sasseur Reit Q3 rental income falls 2% to 158.6 million yuan
SASSEUR Real Estate Investment Trust’s (Sasseur Reit) rental income under its entrusted management agreement model for its third quarter…
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Singtel-owned Optus fined A$12 million by Australian regulator over emergency services outage
Australian telecom watchdog has fined Optus A$12 million (S$10.6 million) for failing to provide emergency call services to thousands…
Business
United Hampshire US Reit Q3 distributable income falls 14.6% to US$6 million
UNITED Hampshire US Reit’s distributable income for the third quarter ended Sep 30 declined 14.6 per cent to US$6 million, from US$7.1…