Leadership
Golden Agri’s H2 profit soars 1,617.1% to US$262.1 million
PALM oil producer Golden Agri-Resources posted net profit of US$262.1 million for its second half ended Dec 31, up 1,617.1 per cent from US$15.3 million in H2 FY2023 as...
eBay forecasts quarterly revenue below expectations on weak demand
E-COMMERCE firm eBay forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products such as collector’s items and refurbished goods, sending its shares down 7...
Beyond Meat sees weak annual revenue, posts wider-than-expected quarterly loss
BEYOND Meat forecast annual revenue below estimates on Wednesday, as the faux meat products maker faces persistent demand weakness amid sticky inflation.Beyond Meat has been losing steam it garnered...
Ireit Global’s H2 DPU stays at 0.94 euro cent
IREIT Global posted a distribution per unit (DPU) of 0.94 euro cent for the second half of financial year 2024 ended December, unchanged from the year-ago period.The DPU will...
Hong Kong to launch scheme to facilitate tech listing applications
HONG Kong will launch a scheme to facilitate listings of tech companies on the stock exchange, the latest move to boost the appeal of the fundraising hub amid growing...
UOB Kay Hian’s H2 earnings up 9.2%
KEY POINTSH2 FY2024UOB Kay Hian’s net profit rose 9.2 per cent year on year to S$110.3 million for the second half of financial year 2024 ended December, the securities...
Maybank Q4 profit rises 6.1% to RM2.5 billion
MAYBANK’S net profit for the fourth quarter rose 6.1 per cent to RM2.5 billion (S$764 million), supported by improved regional economic conditions, the bank said on Wednesday (Feb 26).Malaysia’s...
China to start bank recapitalisation with at least 400 billion yuan
CHINA plans to start re-capitalising several of its biggest banks in coming months, according to people familiar with the matter, following through on a broad stimulus package unveiled last...
