Loss
Keppel Infrastructure Trust reverses into the red with a loss of S$23.9 million in H1 2024
KEPPEL Infrastructure Trust (KIT) reversed into the red with a loss of S$23.9 million in the first half of 2024, from a profit of S$39.4 million in H1 2023....
Gold heads for weekly loss; spotlight on US inflation data
GOLD prices inched higher on Friday (Jul 26), but remained on track for a weekly loss, while traders awaited US inflation data for further cues on the trajectory of...
LG Display shrinks quarterly loss on Apple, Olympics demand
SOUTH Korean flat-screen maker LG Display narrowed losses from a year earlier in the June quarter as shipments of new panels for client Apple and TV panels before the...
Mandarin Oriental’s H1 loss shrinks to US$52 million
MANDARIN Oriental saw its net loss narrow to US$52 million for the six months ended Jun 30, 2024, from US$69.2 million in the year-earlier period, based on a Wednesday...
Carmaker Aston Martin’s interim loss widens but sticks to FY growth outlook
ASTON Martin reported a bigger first-half loss on Wednesday (Jul 24) as the British luxury carmaker halted production of some old models ahead of new launches later this year,...
Deutsche Bank posts quarterly loss after big lawsuit provision
DEUTSCHE Bank posted a loss in the second quarter, it disclosed on Wednesday, its first in four years after setting aside 1.3 billion euros (S$1.9 billion) as a provision...
OUE braces for H1 loss on property market slowdown, economic uncertainty in China
Group expects red ink of S$92 million to S$106 million from investee firm it owns 25.2% ofPROPERTY developer OUE expects to record a net loss for the first six...
Chinese solar company Longi forecasts first-half loss as prices drop
LONGI Green Energy Technology, one of the world’s biggest solar manufacturers, said it expects to post a first-half loss amid fierce competition and price wars in the sector. The...
