impairment
Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarterPublished Thu, Jul 17, 2025 · 04:06 PM[STOCKHOLM] Volvo Car posted a US$1.03 billion operating loss in...
GlobalFoundries sinks into the red with US$730 million Q4 loss due to impairment charge
GLOBALFOUNDRIES, which operates a wafer plant in Singapore, sunk into the red with a net loss of US$730 million for its fourth quarter ended Dec 31, 2024, compared with...
GlobalFoundries sinks into the red with US$730 million Q4 loss due to impairment charge
GLOBALFOUNDRIES, which operates a wafer plant in Singapore, sunk into the red with a net loss of US$730 million for its fourth quarter ended Dec 31, 2024, compared with...
Microsoft expects US$800 million impairment charge in Q2 2025 over General Motors’ Cruise exit
MICROSOFT expects to record an impairment charge of around US$800 million in the second quarter of fiscal year 2025 over General Motors’ exit of the Cruise autonomous driving business,...
VinFast posts deeper Q2 loss on impairment charge, higher cost to boost sales
VIETNAMESE electric vehicle maker VinFast’s losses widened in the second quarter due to rising costs linked to its overseas expansion and impairment charges, although its revenue rose, it reported...
China Evergrande’s EV arm warns of bigger first-half loss on impairment provisions
THE electric vehicle unit of embattled real estate developer China Evergrande said on Tuesday (Aug 27) it expected to report a bigger loss for the first half of 2024,...
Sinarmas Land H1 profit falls 18.7% to S$89 million on fair value, impairment losses
SINARMAS Land posted a 18.7 per cent drop in net profit to S$89 million for its first half ended Jun 30, 2024, from S$109.5 million in the previous corresponding...
Heineken raises guidance despite first-half miss and impairment
Dutch brewer Heineken raised its full-year profit guidance on Monday (Jul 29) despite missing half-year estimates and taking a US$949 million impairment.The maker of Europe’s top-selling lager reported a...
