Business
Weak US dollar lowers net returns on investments, says Temasek chief
Hedging costs have risen, but rotating out of US equities ‘not easy”, adds executive director and CEO Dilhan Pillay The US dollar’s recent…
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Net
Business
UK net migration 20% lower in 2024 than first thought, ONS says
Robert Cuffe & Matt MurphyBBC Verify Net migration to the UK last year was 20% lower than previously thought, according to revised figures…
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
Del Monte Pacific Q2 net profit jumps seven times to US$16.8 million
Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million…
Business
Del Monte Pacific Q2 net profit jumps six times to US$16.8 million; shares touch two-month high
The improvements reflect strong operational efficiency and market demand, says the dual-listed group Mainboard-listed Del Monte Pacific on…
Business
Geo Energy Q3 net profit falls 55% to US$3.2 million due to lower coal prices
Indonesian coal producer Geo Energy Resources on Friday (Nov 14) reported a 55 per cent decline in net profit to US$3.2 million for the…
Business
SIA shares fall as much as 3.6% on net profit drop
Shares of flag carrier Singapore Airlines (SIA) fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82.1 per cent drop in…
Business
SIA shares tumble on net profit drop; CGSI expects ‘persistent’ Air India losses
Shares of flag carrier Singapore Airlines (SIA) fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82.1 per cent drop in…
Business
SIA shares fall on net profit drop; analysts expect Air India losses to continue
Shares of flag carrier Singapore Airlines (SIA) fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82.1 per cent drop in…
Business
Sats Q2 net profit up 13.3% to S$78.9 million as clients front-load orders ahead of US tariffs
The group declares an interim dividend of S$0.02 per share, higher than S$0.015 a year ago In-flight caterer and ground handler Sats on…
Business
EC World Reit Q3 net property income down 60.5%; illegally mortgaged units face 2 lawsuits
The Reit is suspended from trading, and it is unlikely to declare any distribution for FY2025 The manager of EC World Reit posted a net…
Business
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the…
Business
SIA posts 67.8% drop in net profit to S$238.5 million for H1 FY2026; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which were not included in previous year’s results…
Business
SIA posts 82.1% drop in net profit to S$52 million for Q2; declares 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…
Business
Acrophyte Hospitality Trust 9-month net property income falls 13.9% to US$29.1 million
The drop is largely due to hotel dispositions and renovations, as well as increases in operating expenses Acrophyte Hospitality Trust’s…
Business
Seatrium eyes more new order wins; net order book stands at S$16.6 billion in Q3
The group said it is making ‘steady progress’ toward achieving its 2028 financial targets. Offshore, marine and energy specialist Seatrium…
Business
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…
Business
JB Foods swings into the black with US$59.4 million H1 net profit, declares special dividend
The special dividend of S$0.028 per share is in addition to an interim dividend of S$0.002 a share JB Foods posted a net profit of US$59.4…
Business
UK public transport segment drives 22.4% increase in ComfortDelGro’s Q3 net profit
Transport operator ComfortDelGro’s (CDG) net profit for the third quarter ended September rose 22.4 per cent to S$70.4 million, driven by…
Business
Yoma Strategic’s H1 net loss narrows to US$8.7 million
Yoma Strategic on Tuesday (Nov 11) posted net loss for the first half year ended September of US$8.7 million, which narrowed from US$10.5…
Business
Yoma Strategic’s H1 net loss narrows to US$5.7 million
Yoma Strategic on Tuesday (Nov 11) posted a net loss for the first half-year ended September of US$5.7 million, which narrowed from US$9…
Business
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…
Business
Genting Singapore Q3 net profit rises 19% to S$94.6 million amid higher VIP volume, win rate
Genting Singapore posted a 19 per cent year-on-year increase in net profit to S$94.6 million for the third quarter ended Sep 30, with…
Business
UOB Q3 net profit tumbles to S$443 million as it shores up pre-emptive general allowances
UOB’s net profit for the third quarter ended Sep 30, 2025, fell as the lender “pre-emptively set aside” additional allowances. Net profit…