Business
HSBC first-half profit falls 26%, misses estimates
— reported a 26 per cent slide in first-half pretax profit on Wednesday, missing analyst estimates, as impairments from its investment in…
Tag
profit
Business
HSBC first-half profit slumps 26% as China losses mount
HSBC Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday (Jul 30), missing analyst estimates, as impairments…
Business
Samudera Shipping H1 profit doubles to US$41.8 million
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9…
Business
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of…
Business
AstraZeneca quarterly net profit jumps on record US growth
British pharmaceutical giant AstraZeneca on Tuesday (Jul 29) said net profit rose 27 per cent in the second quarter, boosted by record…
Business
Nomura profit exceeds estimates on stock trading boom
Nomura Holdings’ profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fuelled earnings for Wall…
Business
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a…
Business
Analysts downgrade SIA, cut price targets amid lower Q1 profit, Air India losses
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profits plunged…
Business
SIA shares sink over 7% as analysts downgrade carrier on sharp Q1 profit drop
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profit plunged…
Business
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Business
iFast climbs 10% after strong Q2 net profit
Shares of iFast soared 8.76 per cent on market open on Jul 28 after the digital bank and wealth management platform reported a strong Q2…
Business
iFast surges 11.3% after strong Q2 net profit
Shares of iFast surged just minutes after market open on Monday (Jul 28), after the digital bank and wealth management platform reported a…
Business
Raffles Medical H1 profit rises 4.8% to S$32.1 million
Raffles Medical Group on Monday (Jul 28) posted a net profit of S$32.1 million for its first half ended Jun 30, up 4.8 per cent from…
Business
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June…
Business
First half net profit plunges 22% at French luxury group LVMH
French luxury group LVMH saw net profit plummet 22 per cent in the first half of 2025, the company announced on Thursday, blaming the…
Business
Deutsche Bank posts better-than-expected Q2 profit
Deutsche Bank returned to a better-than-expected profit in the second quarter from a year ago despite mixed results at its global…
Business
Deutsche Bank beats profit expectations despite deal slump, strong euro
Deutsche Bank returned to a better-than-expected profit in the second quarter from a loss a year ago as trading earnings helped offset…
Business
Macquarie’s quarterly profit falls, CFO Harvey decides to step down
RALIA’S top investment bank, Macquarie Group, reported a decline in first-quarter net profit on Thursday and announced that chief…
Business
Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts
South Korea’s SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative…
Business
Moody’s profit tops estimates in sign of credit market’s rebound
Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38 Moody’s, a bond grader and financial data provider,…
Business
DFI Retail Group jumps 12.7% to three-year high on H1 profit growth
Shares of DFI Retail Group hit its highest price in more than three yearson Wednesday (Jul 23) , after the supermarket and retail store…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
General Motors’ profit slides by 32% in second quarter, and Trump’s tariffs are to blame
General Motors’ second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff…