Business
Grab reports Q3 earnings of US$37 million on positive operating profit
Ride-hailing giant Grab posted third-quarter 2025 earnings of US$37million on Tuesday (Nov 4), up from US$26 million in the previous…
Tag
profit
Business
India’s Bharti Airtel posts surge in quarterly profit as higher-paying users grow
Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its sixth straight quarterly profit rise on Monday (Nov…
Business
NetLink Trust posts 10.2% drop in H1 profit to S$43.5 million on higher depreciation
Fibre network provider NetLink NBN Trust on Monday (Nov 3) posted a 10.2 per cent drop in net profit to S$43.5 million for the half-year…
Business
Alphabet, Amazon stakes in Anthropic boost profit by billions
Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were…
Business
ExxonMobil beats Q3 profit estimates on higher Guyana, Permian production
ExxonMobil beat Wall Street estimates for third-quarter earnings on Friday (Oct 31), underpinned by higher oil and gas production in…
Business
ANZ flags A$1.1 billion second-half profit hit from restructuring, compliance costs
Australia’s ANZ warned on Friday that its earnings would take a hit of A$1.11 billion (S$937.5 million) after tax in the second half of…
Business
Toyota steps up India expansion with new SUVs, rural push as profit surges
Toyota plans to launch 15 new and refreshed models in India by the end of the decade while deepening its rural network, sources said, as…
Business
Chinese airlines return to profit on summer surge, but challenges persist
China’s three biggest airlines posted their first collective quarterly profit in a year in the third quarter on the back of the peak…
Business
Mastercard quarterly profit rises as transaction volumes hold strong
Mastercard reported a jump in third-quarter profit on Thursday (Oct 30), as sustained consumer spending boosted payment volumes on its…
Business
BYD reports biggest quarterly profit fall in over four years
The consecutive quarterly profit fall comes amid intensifying competition at home market — Chinese electric vehicle maker BYD’s…
Business
Wilmar posts US$347.7 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results Singapore-based agribusiness group Wilmar…
Business
StanChart raises outlook as quarterly profit beats estimate
The performance is largely a result of the bank’s wealth management unit and global banking STANDARD Chartered lifted its income and…
Business
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell’s profit was better than expected in…
Business
Prudential Q3 new business profit rises 14% to US$705 million; regional CEO leaves
Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30.…
Business
Samsung’s chip profit soars after AI fuels demand for memory
Memory chip business is a key pillar of the company’s empire, which spans smartphones and home appliances Samsung Electronics’…
Business
Keppel 9M net profit rises 5% despite accounting loss from proposed sale of M1’s telco business
Keppel has reported a 5 per cent increase in net profit for the first nine months of FY2025, despite an accounting loss from the proposed…
Business
Great Eastern Q3 net profit up 36% at S$372 million amid higher new business embedded value
Growth is driven by robust results from shareholders’ fund segment, which is up 45% on the year for the nine months ended Sep 30 Insurer…
Business
Meta forecasts bigger capital costs next year, US$16 billion tax charge guts Q3 profit
Meta forecast “notably larger” capital expenses next year, thanks to investments in AI, and recorded a nearly US$16 billion one-time…
Business
Meta’s profit hit by $16 billion tax charge
Meta recorded a nearly $16 billion onetime charge in the third quarter related to President Donald Trump’s so-called big beautiful bill,…
Business
Next continues to profit after M&S cyber-attack
Fashion brand Next has continued to see sales boost in the aftermath of a cyber-attack at rival firm M&S. The British retailer reported a…
Business
Nvidia supplier SK Hynix posts record quarterly profit, meets forecasts
South Korea’s SK Hynix posted on Wednesday a record quarterly profit, spurred by an artificial intelligence boom that has driven up demand…
Business
Visa quarterly profit rises on strong transaction volumes
Visa reported a rise in fourth-quarter adjusted profit on Tuesday (Oct 28), as strong consumer spending helped the global payments…
Business
From Policy to Profit: How Retirees Can Use Life Settlements to Fund New Investments
For many retirees, the idea of selling a life insurance policy sounds unusual at first. After all, life insurance has long been viewed as…
Business
UPS stuns Wall Street with strong profit and 34,000 job cuts
United Parcel Service (UPS) smashed Wall Street’s third-quarter profit expectations, sending its shares soaring and fuelling confidence in…