Business
Singtel’s H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
SINGTEL’S net profit for the first half ended September fell 42.4 per cent year on year to S$1.23 billion from S$2.14 billion. This was in…
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profit
Business
Singtel’s interim dividend up 35%, H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
Soft enterprise demand is expected to improve in the coming months, and data centre customers are paying reservation fees to secure…
Business
Vodafone back in profit as nears UK merger with Three
TELECOMS group Vodafone returned to profit in the first-half, it announced on Tuesday (Nov 12), as the group closes in on a merger of its…
Business
Cortina’s H1 net profit falls 10% to S$27.8 million as operating expenses outpace revenue growth
LUXURY watch retailer Cortina posted a 10 per cent drop in net profit to S$27.8 million for the first half of its 2025 fiscal year, down…
Business
Cortina’s H1 profit falls 10% to S$27.8 million as expenses outpace revenue growth
LUXURY watch retailer Cortina posted a 10 per cent drop in net profit to S$27.8 million for the first half of its 2025 fiscal year, down…
Business
Sea remains in the black, posts US$153.3 million Q3 profit
GAMING and e-commerce player Sea reported a US$153.3 million net profit for Q3 2024, reversing from a US$144 million loss a year ago, and…
Business
Sea stays above water, posts US$153.3 million Q3 profit
The company beat estimates from a Bloomberg poll of 13 analysts, which projected a net profit of US$128.6 million GAMING and e-commerce…
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
AstraZeneca lifts 2024 revenue and profit forecast after Q3 beat
DRUGMAKER AstraZeneca lifted its annual sales and profit forecast for the second time in less than four months on Tuesday (Nov 12), helped…
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
Grab returns to profit in third quarter, 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
Grab returns to profit in Q3, 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
SoftBank expected to book 287 billion yen profit on IPOs
JAPANESE technology investor SoftBank Group is expected to report a 287 billion yen (S$2.5 billion) quarterly profit on Tuesday (Nov 12),…
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
Ikea reports higher profit despite revenue hit from price cuts
INTER Ikea, the owner of the world’s biggest furniture brand, reported higher profits for 2024 thanks to lower interest payments, despite…
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
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
India’s Tata Motors posts surprise Q2 profit drop on weak sales
INDIA’S Tata Motors reported a surprise drop in second-quarter profit and its first revenue decline in 10 quarters on Friday (Nov 8), hurt…
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
State Bank of India beats Q2 profit view but lending margin shrinks
STATE Bank of India, the country’s largest lender by assets, beat second-quarter profit estimates on Friday (Nov 8), helped by higher…
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,…