Leadership
Cromwell E-Reit H1 DPU falls 9.5% to 7.05 euro cents
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) posted a distribution per unit (DPU) of 7.05 euro cents for the first half ended June 2024, down 9.5 per cent...
ARA H-Trust H1 DPS falls 50.2% to US$0.00747
ARA US Hospitality Trust (ARA H-Trust) posted a distribution per stapled security (DPS) of US$0.00747 for the first half ended Jun 30, down 50.2 per cent from US$0.01501 in...
South Korea’s Coupang posts first loss since 2022 as Farfetch deal saps profit
COUPANG posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings and a government regulatory fine offset strong growth in its core e-commerce business.South Korea’s...
Disney raises streaming prices up to 25%, adds new channels
WALT Disney is raising the prices of its streaming services, with the lowest-cost offering, Disney+ with advertising, climbing 25 per cent to US$9.99 a month.Disney+ without ads will increase...
Yeo Hiap Seng posts lower net profit of S$3.2 million for H1
FOOD and beverage (F&B) group Yeo Hiap Seng reported a net profit of S$3.2 million for the half year ended Jun 30, 2024, down 3.8 per cent from S$3.3...
Dyna-Mac H1 profit surges 280.3% to S$38.8 million on higher productivity, revenue and projects completion
Higher profit attributed to the completion of major projects, improved productivity and increase in volume of projects undertakenOFFSHORE oil and gas contractor Dyna-Mac Holdings’ net profit more than doubled...
KFC parent Yum Brands sales fall as weak US demand persists
TACO Bell parent Yum Brands reported a bigger-than-expected fall on Tuesday (Aug 6) in same-store sales for the second quarter as sticky inflation prompted lower-income Americans to eat out...
Uber’s second-quarter revenue beats on ride-sharing demand
UBER beat Wall Street estimates for second-quarter revenue and core profit on Tuesday (Aug 6), helped by steady demand for its ride-sharing and food-delivery services.
With more people returning to...