Earnings

Raffles Medical H1 earnings slide 48.8% to S.6 million as Covid-19 activities, government grants cease
Raffles Medical H1 earnings slide 48.8% to S$30.6 million as Covid-19 activities, government grants cease
MAINBOARD-LISTED Raffles Medical Group on Monday (Jul 29) reported a net profit of S$30.6 million for the first half ended Jun 30, declining 48.8 per cent from S$59.9 million...
Raffles Medical H1 earnings slide 48.8% to S.6 million; chairman says insurance must not become ‘arms war’ between companies
Raffles Medical H1 earnings slide 48.8% to S$30.6 million; chairman says insurance must not become ‘arms war’ between companies
If insurance companies continue trying to outdo each other, the risk pool could become untenable, says the group’s executive chair Loo Choon YongMAINBOARD-LISTED Raffles Medical Group on Monday (Jul...
Raffles Medical H1 earnings slide to S.6 million; chairman says insurance must not become ‘arms war’ between firms
Raffles Medical H1 earnings slide to S$30.6 million; chairman says insurance must not become ‘arms war’ between firms
If insurance companies continue trying to outdo each other, the risk pool could become untenable, says the group’s executive chair Loo Choon YongMAINBOARD-LISTED Raffles Medical Group on Monday (Jul...
Markets face dizzying US politics and mixed earnings reports while awaiting Fed rate cut
Markets face dizzying US politics and mixed earnings reports while awaiting Fed rate cut
Investors should stick to their strategy while maintaining significant exposure to low-risk bonds and cash MANY investors would have been startled this past week by the sudden turn in...
iFAST Q2 earnings surge 346% on ePension contribution
iFAST Q2 earnings surge 346% on ePension contribution
DIGITAL bank and wealth management platform iFAST Corporation reported a 346.1 per cent rise in Q2 2024 earnings to S$16 million, from S$3.6 million in Q2 2023.In a bourse...
LG Energy slashes sales target after earnings miss estimates
LG Energy slashes sales target after earnings miss estimates
LG ENERGY Solution slashed its annual sales target and second-quarter earnings missed analyst estimates, as the South Korean battery maker grapples with slowing demand for electric vehicles (EVS).  Sales...
Europe: Shares end lower as earnings whirlwind disappoints
Europe: Shares end lower as earnings whirlwind disappoints
EUROPEAN shares closed lower on Wednesday (Jul 24), dampened by luxury stocks after dour results from LVMH weighed on the sector, while a raft of lacklustre corporate earnings in...
United Overseas Insurance declares Salt=
United Overseas Insurance declares S$0.085 dividend on higher H1 2024 earnings
UNITED Overseas Insurance (UOI) reported an 18.8 per cent growth in its earnings for the first half of 2024 to S$14.2 million, from S$11.9 million in the first half...
United Overseas Insurance declares Salt=
United Overseas Insurance declares S$0.085 dividend per share on higher H1 2024 earnings
UNITED Overseas Insurance (UOI) reported an 18.8 per cent growth in its earnings for the first half of 2024 to S$14.2 million, from S$11.9 million in the first half...
Japan’s Nikkei closes at one-month low on mixed US tech earnings
Japan’s Nikkei closes at one-month low on mixed US tech earnings
Japan’s Nikkei share average closed lower for a sixth consecutive session on Wednesday (Jul 24), as mixed earnings from major US tech firms and the yen’s continued rally weighed.The...