Business
Japan’s largest lender MUFG logs 6% growth in third-quarter profit
Japan’s Mitsubishi UFJ Financial Group (MUFG) booked a 6 per cent rise in third-quarter net profit, it said on Wednesday (Feb 4). The…
Tag
thirdquarter
Business
Klarna beats third-quarter revenue estimates in first earnings report after IPO
Growth in U.S. markets helped Swedish fintech firm Klarna to achieve a 26% jump in third-quarter revenue, beating expectations in its…
Business
Home Depot misses third-quarter earnings expectations, cuts outlook
Home Depot‘s third-quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers, and a housing market…
Business
Xiaomi reports 81% jump in third-quarter profit on strong EV sales
Adjusted net profit reaches 11.3 billion yuan (S$2.1 billion), exceeding the average estimate of 10.3 billion yuan China’s Xiaomi reported…
Business
British Airways-owner IAG third-quarter profit inline with expectations
British Airways-owner IAG on Friday (Nov 7) reported a slight increase in operating profit for the third quarter, largely in line with…
Business
Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat
YUM Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food…
Business
Amazon’s third-quarter results get a boost from its cloud computing business
Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its cloud computing…
Business
Alphabet beats third-quarter revenue estimates on cloud demand and advertising
Google parent Alphabet beat Wall Street estimates for third-quarter revenue on Wednesday, as both its core advertising business and cloud…
Business
Intel beats third-quarter profit estimates as cost cuts, investments pay off
INTEL beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its…
Business
Tesla earnings miss despite record third-quarter sales surge
Investors have largely bought into Musk’s vision, driving the shares up 8.7% so far this year Tesla’s profit plunged more than expected as…
Business
Kering beats third-quarter forecasts as smaller brands cushion Gucci decline
Kering’s overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and…
Culture
VinFast third-quarter e-bike sales jump following Hanoi motorbike ban
Vietnam’s VinFast said on Wednesday (Oct 22) it delivered more than 120,000 electric two-wheelers in the third quarter, a 73 per cent…
Business
Foxconn’s third-quarter revenue hits record, misses market forecast
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial…
Business
National Australia Bank third-quarter cash earnings rise marginally
ONAL Australia Bank reported a slight increase in its cash earnings for the third-quarter on Monday, helped by improved margins and growth…
Business
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted…
Business
Japan’s Seven & i Holdings reports 24% drop in third-quarter profit
Profit fell to 128 billion yen (S$1.1 billion) in the period from September to November Japan’s Seven & i Holdings, operator of the…
Business
GameStop reports third-quarter profit on spending cuts
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including…
Business
Salesforce’s third-quarter revenue beats on strong cloud demand
SALESFORCE beat Wall Street estimates for third-quarter revenue on Tuesday (Dec 3) and raised the lower end of its annual revenue…
Business
China’s Baidu posts 3% fall in third-quarter revenue, beats market estimates
BAIDU reported a 3 per cent fall in third-quarter revenue on Thursday (Nov 21), beating market estimates, as China’s biggest Internet…