Earnings

CSE Global H1 earnings up 36.4%, boosted by growth of electrification business 
CSE Global H1 earnings up 36.4%, boosted by growth of electrification business 
August 6, 2024
TECHNOLOGY solutions provider CSE Global reported a profit of S$15 million for the first half of FY2024, up 36.4 per cent from the corresponding period in 2023.Revenue for H1...
Chevron reports Q2 earnings miss on weak refining margins
Chevron reports Q2 earnings miss on weak refining margins
August 2, 2024
CHEVRON reported second-quarter earnings on Friday (Aug 2) that missed Wall Street estimates due to industry-wide pressure from lower refining margins and natural gas prices, sending its shares down...
Booking’s soft forecast overshadows second-quarter earnings beat
Booking’s soft forecast overshadows second-quarter earnings beat
August 1, 2024
BOOKING, the parent company to almost a dozen travel brands including Kayak and Priceline, delivered a disappointing forecast for the third quarter, even as it posted second-quarter results that...
Thomson Reuters raises sales forecast as earnings top estimates
Thomson Reuters raises sales forecast as earnings top estimates
August 1, 2024
THOMSON Reuters reported second-quarter earnings that topped Wall Street expectations on Thursday (Aug 1) as revenue rose 6 per cent and it continued to aggressively deploy artificial intelligence technology...
Hot stock: SIA shares fall on Thursday after Q1 earnings miss
Hot stock: SIA shares fall on Thursday after Q1 earnings miss
August 1, 2024
SIA posts net profit of S$451.7 million in Q1, a 38.5 per cent drop from S$734 million in the year-ago periodSHARES of Singapore Airlines (SIA) fell in early trading...
Lufthansa sees earnings slump in third quarter as costs rise
Lufthansa sees earnings slump in third quarter as costs rise
July 31, 2024
LUFTHANSA warned of a fall in third-quarter earnings on Wednesday (Jul 31) as the German airlines group grapples with higher wage costs and a squeeze on ticket prices. Airfares around...
China’s earnings recovery stumble to test conviction calls
China’s earnings recovery stumble to test conviction calls
July 31, 2024
THE current earnings season is shaping up to be another letdown for Chinese stock investors, eroding the case for a turnaround in the slumping market.Profit warnings issued by mainland-listed...
Great Eastern Q2 earnings up 45% at S0.4 million; declares interim dividend of Salt=
Great Eastern Q2 earnings up 45% at S$280.4 million; declares interim dividend of S$0.45 per share
July 30, 2024
INSURER Great Eastern on Wednesday (Jul 31) posted a 45 per cent increase in net profit to S$280.4 million for the second quarter ended Jun 30, from S$193.2 million...
Brokers’ take: Analysts cut Raffles Medical earnings estimates after results miss
Brokers’ take: Analysts cut Raffles Medical earnings estimates after results miss
July 30, 2024
ANALYSTS have cut their earnings estimates for Raffles Medical after the company released lower-than-expected earnings for the first half ended Jun 30. RHB lowered its target price to S$1...
US: Wall St opens higher ahead of Fed verdict, Big Tech earnings
US: Wall St opens higher ahead of Fed verdict, Big Tech earnings
July 29, 2024
Wall Street’s main indexes opened on a strong note on Monday (Jul 29), as investors geared up for a Federal Reserve interest-rate decision, along with Big Tech earnings and...