Earnings

F&N FY2024 earnings rise 12.7% to S0.2 million on higher revenue
F&N FY2024 earnings rise 12.7% to S$150.2 million on higher revenue
BEVERAGE and publishing company Fraser and Neave (F&N) on Friday (Nov 8) announced a 12.7 per cent rise in net profit to S$150.2 million for the financial year ended...
Sea needs more than good earnings to sustain 175% comeback rally
Sea needs more than good earnings to sustain 175% comeback rally
AFTER a peer-beating 175 per cent stock rally from its January low, South-east Asia’s top online shopping company Sea faces a high bar to impress investors with its upcoming...
Delivery Hero sees 2024 earnings at low end of previous forecast
Delivery Hero sees 2024 earnings at low end of previous forecast
DELIVERY Hero tempered profit expectations for the year, a sign of strain in the company’s strategic overhaul in the competitive food delivery market. The German firm reported third-quarter figures roughly...
Brokers’ take: RHB raises Sheng Siong price target to S on earnings growth momentum
Brokers’ take: RHB raises Sheng Siong price target to S$2 on earnings growth momentum
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price target represents a...
Mastercard earnings top estimates as consumers keep spending
Mastercard earnings top estimates as consumers keep spending
MASTERCARD reported profit that beat analysts’ estimates, helped by a boost in cross-border transactions. The company posted adjusted earnings per share of US$3.89 in the third quarter on Thursday (Oct...
Strong wealth segment likely to boost Q3 earnings at Singapore banks amid NIM headwinds
Strong wealth segment likely to boost Q3 earnings at Singapore banks amid NIM headwinds
STRONG wealth management fees are likely to have continued boosting earnings at the three local banks during the third quarter of this year, according to analysts awaiting the results...
Strong wealth segment likely to boost Q3 earnings at Singapore banks amid NIM headwinds
Strong wealth segment likely to boost Q3 earnings at Singapore banks: analysts
They expect local lenders to continue posting stable results amid lower net interest marginsSTRONG wealth management fees are likely to have continued boosting earnings at the three local banks...
Europe: Stoxx 600 hits 1-month low as bleak earnings weigh, tech stocks slump
Europe: Stoxx 600 hits 1-month low as bleak earnings weigh, tech stocks slump
Europe’s main stock index fell 1 per cent to its lowest in over a month on Wednesday (Oct 30), as technology and mining stocks led a broader market decline...
US: Wall Street ends lower ahead of megacap earnings
US: Wall Street ends lower ahead of megacap earnings
US stock indices closed lower on Wednesday (Oct 30) as chip stocks tumbled and investors awaited a host of corporate earnings.Microsoft and Meta Platforms reported earnings after the bell,...
DHL cuts earnings outlook on weak B2B volumes
DHL cuts earnings outlook on weak B2B volumes
DHL cut its guidance for 2024 earnings before interest and taxes (Ebit) on Wednesday (Oct 30), citing continuously weak business-to-business mail volumes and lower-than-expected margins in its air freight...