Real Estate
CDL posts 51.2% rise in H2 profit to S$250.8 million
CITY Developments Limited (CDL) posted a 51.2 per cent rise in net profit to S$250.8million for its second half-year ended December, from S$165.8 million in the previous corresponding period....
Stocks to watch: OCBC, CLI, Jardine C&C, CDL, UOL, Golden Agri-Resources
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 28):OCBC: The lender’s net profit for the fourth quarter ended Dec 31, 2023,...
Hot stock: Olam up as much as 10% as H2 profit rises 15.4% to S$230.8 million
SHARES of mainboard-listed Olam Group climbed as much as 10 per cent on Wednesday (Feb 28) after the agri-business group posted a 15.4 per cent rise in net profit...
OCBC Q4 net profit rises 12% to S$1.62 billion; declares S$0.42 final dividend
OCBC’s net profit for the fourth quarter ended Dec 31, 2023 gained 12 per cent to S$1.62 billion from S$1.44 billion a year prior, driven by a 2 per...
Beyond Meat tops revenue estimates, plans ‘steep’ cost cuts in 2024; shares soar
BEYOND Meat on Tuesday topped market expectations for fourth-quarter revenue on resilient demand for its faux meat patties in key markets outside the United States, and said it would...
eBay reports strong holiday quarter, expands buyback plan
EBAY posted a strong holiday quarter, giving investors fresh hope that the company can boost profits following steep job cuts. The company also added US$2 billion to an existing...
Apple’s EV wind down offers reprieve to Tesla and Detroit rivals
THE sudden demise of Apple’s electric vehicle (EV) programme is a bleak sign for the car market. It may be a boon for automakers themselves. Tesla and Detroit’s automakers...
Yangzijiang Shipbuilding H2 net profit rises 64.7% on gross profit margin increase
YANGZIJIANG Shipbuilding on Tuesday (Feb 27) reported net profit of 2.4 billion Chinese yuan (S$443.2 million) for the second half of the financial year ended Dec 31, 2023, up...
