Real Estate
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$576.8m
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,...
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...
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...
Li Auto jumps 25% as earnings withstand China EV price war
LI AUTO shares soared in Hong Kong after upbeat earnings showed the electric-vehicle maker is showing promise in China’s hyper-competitive market. The stock rose 25 per cent on Tuesday...
Alibaba’s South Asian e-commerce giant Daraz announces layoffs in memo
ALIBABA-owned e-commerce platform Daraz Group has announced layoffs across the group to “adopt a more streamlined and agile structure”, acting chief executive officer James Dong said on Tuesday (Feb...
