Business
Samsung expects record Q4 operating profit, beating expectations
Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’…
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profit
Business
Jefferies takes US$30 million hit on First Brands as profit drops
Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of…
Business
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800…
Business
ST Engineering expects positive H2 net profit
ST Engineering on Tuesday (Dec 30) said that it expects to report a positive net profit for the second half of 2025, after considering all…
Business
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024 THE standoff between China and…
Business
TikTok owner ByteDance on track for US$50 billion profit in 2025
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major…
Business
Micron surges as global memory chip shortage boosts profit forecast
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold MICRON Technology shares rose nearly 14 per cent…
Business
Top Glove Q1 profit surges more than 600% as costs fall
The glove maker reports a drop in operating expenses to RM842.9 million for the quarter Malaysian glove maker Top Glove on Wednesday (Dec…
Business
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales Pfizer on Tuesday (Dec 16) forecast…
Business
Apac airlines to increase net profit by 6.5% to US$6.6 billion in 2026: Iata
Asia-Pacific airlines are projected to record US$6.6 billion of net profit in 2026, up from S$6.2 billion in 2025, the International Air…
Business
3 Pricing Moves Early Stage Teams Use To Unlock Profit
You can feel when your pricing is holding your company back. You see interest in your product, but the revenue never quite catches up. The…
Business
Marco Polo Marine H2 profit jumps over 4 times to S$47.9 million on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains Marco Polo Marine posted on…
Business
CIMB Q3 profit up 2.3% at RM2.08 billion
CIMB’s net profit for the third quarter ended Sep 30 rose 2.3 per cent to RM2.08 billion (S$653.5 million) from RM2.03 billion in the…
Business
Fair value losses drag LHN H2 net profit down 82.7% to S$5.9 million
Property player LHN group posted a net profit of S$5.9 million for the half-year ended Sep 30, 2025, down 82.7 per cent from S$34.3…
Business
Singapore Flyer operator Straco Q3 profit down 8% at S$10.7 million
Singapore Flyer operator Straco posted a net profit of S$10.7 million for its third quarter ended Sep 30, 8 per cent down from S$11.7…
Business
Snapchat is nearing 1 billion monthly users. Why can't it turn a profit?
Snapchat, an app whose disappearing messages and silly face filters made chatting with loved ones more casual, is close to a milestone…
Business
IHH Healthcare’s Q3 net profit rises 15% to RM616 million
Revenue is up 16% at RM6.6 billion, on the back of strong performances from key markets Malaysia and India IHH Healthcare on Wednesday…
Business
Coliwoo reports 75.1 per cent fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million in the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Business
Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million for the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Business
ThaiBev’s full-year net profit falls 6.8% to 25.4 billion baht
Thai Beverage posted a 6.8 per cent drop in net profit to 25.4 billion baht (S$1.02 billion) for the full year ended Sep 30, 2025, from…
Business
Jack Ma-backed Ant’s profit grew 10% after AI, global expansion
Ant Group’s quarterly profit grew 10 per cent after the Chinese digital payments giant bolstered its artificial intelligence capacity via…
Business
Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore Marine logistics…
Business
BRC Asia H2 profit falls 5% to S$52.2 million
Steel solutions provider BRC Asia reported a 5 per cent decrease in net profit for the second half of the year to S$52.2 million, from…
Business
Mandarin Oriental posts ‘stable’ underlying net profit for Q3
Hotel group Mandarin Oriental, which is undergoing a privatisation bid from its majority shareholder Jardine Matheson, posted a “stable”…