Real Estate
Yanlord records H2 loss of 2 billion yuan; FY23 ‘exceptionally unusual’ with China’s real estate credit crisis, CEO says
CHINESE property developer Yanlord Land Group sank into the red with a net loss of two billion Chinese yuan (S$378.9 million) in the fiscal second half ended Dec 31,...
US: Wall St opens flat as traders brace for economic data
WALL Street’s main indexes opened flat on Tuesday (Feb 27) as investors awaited a crucial inflation report and other economic data that would shape expectations for interest-rate cuts and...
Delfi H2 net profit down 14.1%; special dividend proposed on rising confidence, strong net sales
CHOCOLATE confectionery company Delfi on Tuesday (Feb 27) posted a net profit of US$21.1 million for the six months ended Dec 31, 2023, marking a 14.1 per cent decrease...
US dollar edged lower ahead of economic data, yen rises
THE US dollar struggled for direction on Tuesday (Feb 27) ahead of key data that could provide further clues about the Federal Reserve’s policy path, while the yen rose...
Sheng Siong H2 profit climbs 3.6% as finance income doubles
SUPERMARKET chain Sheng Siong on Tuesday (Feb 27) reported a 3.6 per cent increase in net profit to S$68.3 million for the second half of 2023, from S$65.9 million...
Jardine Cycle & Carriage H2 underlying profit rises 0.5% to US$576.8 million
The group uses underlying profit, as opposed to net profit, in its internal financial reporting, to distinguish between ongoing business performance and non-trading items. In a footnote, the group...
Jardine Cycle & Carriage H2 underlying profit rises 0.5% to US$576.8m
JARDINE Cycle & Carriage (JC&C) posted an underlying profit of US$576.8 million for the second half ended Dec 31, 2023, a 0.5 per cent increase from the year-ago period,...
UOL posts 374% leap in H2 profit to S$572.7m on gains from Parkroyal Kitchener sale
REAL estate group UOL has announced a 373.9 per cent leap in net profit to S$572.7 million for its fiscal second half ended Dec 31, 2023, on a S$442.3...
