Business
NetLink NBN Trust’s 9-month profit down 11.8% at S$65.4 million
This was due to higher depreciation from a larger asset base and higher net finance costs Fibre infrastructure provider Netlink NBN Trust…
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profit
Business
Britain’s Lloyds’ annual profit rises 12%, upgrades guidance
Its profit before tax for 2025: £6.7 billion, up from £5.97 billion the year before and better than the £6.4 billion average of analysts’…
Business
Nokia chair to step down, AI push supports Q4 profit
The company is carrying out one of its biggest restructuring drives since it sold its mobile phone business [ESPOO, Finland] Finland’s…
Business
Bursa Malaysia Q4 net profit falls 11.8% to RM60.8 million amid muted market sentiment
Bursa Malaysia ended 2025 with lower revenue and profit as muted sentiment and decreased daily trading dampened securities market…
Business
Deutsche Bank posts biggest annual profit in nearly two decades a day after police search
The biggest profit since 2007 is a welcome milestone for the bank after a rocky decade Deutsche Bank on Thursday (Jan 29) posted its…
Business
Samsung’s profit triples to record high as AI boom exacerbates chip shortage
Samsung Electronics said its operating profit more than tripled to a record high in the fourth quarter, as the race to build artificial…
Business
Chip firm ASML to slash 1,700 jobs and posts record profit for 2025 thanks to AI boom
Dutch semiconductor chip machine maker ASML recorded a record net profit of 9.6 billion euros ($11.5 billion) in 2025 on sales of 32.7…
Business
SK Hynix profit surges on relentless appetite for AI memory
Operating profit doubles to 19.2 trillion won (S$17 billion) in the December quarter Hynix reported its strongest quarterly results to…
Business
British banks to join European rivals in hiking profit targets, sources say
Britain’s biggest banks, including HSBC and NatWest, are set to follow their European rivals and lift their key profit targets when they…
Business
British banks to join European rivals in hiking profit targets: sources
In continental Europe, many banks have already lifted their profit goals, signalling confidence higher margins will last for years…
Business
Info-Tech Systems up 10.5% on positive profit guidance
It remains under its initial public offering price but has hit its highest level in nearly two months Shares of Info-Tech Systems rose on…
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
Half of UK's grassroot music venues make no profit
Mark SavageMusic correspondent Small venues are incubators for the UK's thriving music scene. They're the places where acts such as Ed…
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
Goldman Sachs and Morgan Stanley see double-digit profit jumps
A surging stock market and a flurry of deal-making padded the profits of Wall Street’s two big investment banks, which both saw a…
Business
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK]…
Business
Lum Chang expects significantly improved H1 FY2026 net profit on interior fit-out business strength
Group is set to release its financial results for the first half-year on or about Feb 12 Lum Chang Holdings (LCH) announced in a Thursday…
Business
Wells Fargo misses profit estimates on severance costs, shares fall
WELLS Fargo missed analysts’ profit estimates in the fourth quarter on Wednesday, after it booked US$612 million in severance expenses as…
Business
TSMC likely to post fourth-quarter profit leap driven by AI boom
TSMC, the world’s largest manufacturer of advanced artificial intelligence chips, is expected to post a 28 per cent jump in fourth-quarter…
Business
Bank of America profit climbs as trading surges in volatile markets
Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased…
Business
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31 JPMorgan Chase’s profit fell in the fourth…
Business
Shares in Primark Parent ABF Begin Slow Recovery After Shock Profit Warning
LONDON – Shares in Primark’s parent Associated British Foods began a slow recovery following Thursday’s shock profit warning due to…
Business
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America The Japanese operator of the Uniqlo clothing brand, Fast…