Earnings
IHH Healthcare revises dividend policy upwards; reports 280% Q4 earnings jump
The growth in hospital and healthcare revenue was attributed to strong recovery from core non-Covid-19 revenues, as both local and foreign patients returned to seek treatment at the group’s...
LSEG confirms £1 billion buyback after in-line 2023 earnings
LONDON Stock Exchange Group (LSEG) reported preliminary full year income for 2023 at the higher end of guidance, and confirmed plans to buy £1 billion (S$1.7 billion) in shares...
Brokers’ take: RHB downgrades Golden Agri to ‘neutral’ after earnings disappointment
RHB Research downgraded its call on Golden Agri-Resources to “neutral” from “buy”, while slightly lowering its price target to S$0.29 from S$0.30. Its move came after the palm oil...
Europe: Shares drop on earnings dismay; investors await inflation data
EUROPE’S benchmark stock index fell on Wednesday as a raft of downbeat corporate earnings bruised sentiment, while investors globally braced for crucial euro zone and US inflation data later...
UMS Q4 earnings fall 3% to S$15.7 million on lower semiconductor sales
SEMICONDUCTOR manufacturer UMS Holdings on Wednesday (Feb 28) recorded a net profit of S$15.7 million for the fourth quarter ended Dec 31, 2023, dipping 3 per cent from the...
OCBC posts record S$7.02 billion earnings for FY2023; expects lower NIMs, slow loan growth in 2024
SINGAPORE’S second-largest lender OCBC will likely post lower net interest margins (NIMs) and slow loan growth in 2024 amid a global growth slowdown, said OCBC group chief executive Helen...
Hot stock: OCBC falls 3.1% after Q4 earnings miss
SHARES of OCBC retreated on Wednesday (Feb 28) morning amid heavy trading after the bank reported a fourth quarter net profit of S$1.62 billion, falling short of the S$1.72...
Veeva Systems (VEEV) vs. Alcon (ALC) Earnings Watch: Which Medical Stock Is the Better Pick? | Entrepreneur
In the fast-paced world of healthcare, where aging population and technological leaps are driving significant growth in the sector, which of the two medical stocks, Veeva Systems (VEEV) and...
