Falls
DHL Group’s 2024 forecast falls short of market view on tepid global trade
GERMAN logistics giant DHL Group on Wednesday (Mar 6) forecast its 2024 operating profit to come in above pre-pandemic figures, but the outlook fell short of market consensus amid...
Oil falls 1% on concerns over China’s economic growth plan
OIL prices fell nearly 1 per cent on Tuesday (Mar 5) as scepticism around China achieving its economic growth target and investors’ declining risk appetite countered a weaker US...
Hong Fok H2 net profit falls 61.5% as Concourse Skyline sale dips
PROPERTY developer Hong Fok posted a net profit of S$81.2 million for the second half of 2023 on Thursday (Feb 29), a 61.5 per cent drop from its earnings...
First Resources H2 profit falls 62.5% on palm oil price downturn
FIRST Resources posted a 62.5 per cent drop in net profit to US$73.9 million for its second half year ended December, from US$197.2 million in the previous corresponding period....
AMC theatre chain’s profit falls short of estimates, shares drop
AMC Entertainment Holdings, the world’s largest theatre chain, reported fourth-quarter earnings that fell short of Wall Street estimates, sending the shares lower. AMC posted a profit of US$42.5 million...
Golden Agri’s H2 profit falls 96.1% to US$15.3 million; proposes S$0.00613 final dividend
GOLDEN Agri-Resources reported net profit of US$15.3 million for the second half ended Dec 31, 2023, down 96.1 per cent from US$392.4 million in H2 FY2022 mainly due to...
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...
Food Empire H2 net profit falls 9.6%, but full-year revenue at new high of US$425.7 million
FOOD and beverage manufacturer Food Empire Holdings posted a 9.6 per cent decline in net profit to US$29.8 million for its second financial half ended Dec 31, 2023, from...
