Loss
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
JAPANESE trading house Sumitomo Corp reported net profit for the fiscal year ended in March fell 31.7 per cent from a year earlier to 386.4 billion yen (S$3.4 billion),...
Japfa posts US$12.4 million Q1 profit, reversing from year-ago loss of US$43 million
AGRI-FOOD company Japfa : UD2 0% recorded a profit of US$12.4 million for the first quarter ended Mar 31, 2024, a reversal from a US$43 million loss in the...
MicroStrategy posts loss on impairment charge, revenue declines
MICROSTRATEGY posted a first-quarter loss after taking an impairment charge against the value of its roughly US$13 billion in Bitcoin holdings even though the cryptocurrency surged during the period....
GoTo narrows Q1 loss to 420 billion rupiah with TikTok deal, cost cuts
INDONESIA’S GoTo Group slashed losses to 420 billion rupiah (S$35.2 million) for the three months to Mar 31 – a fraction of its year-ago 2.8 trillion rupiah loss. This...
Electrolux Q1 loss nearly triples on weak demand but beats expectations
Electrolux’s operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs...
Hertz reports US$392 million loss as it unwinds Tesla fleet burden
Hertz Global Holdings reported a loss that was nearly three times worse than analysts expected, as it accelerated sales of electric vehicles to reduce its fleet of Tesla models...
Mattel posts narrower loss, thanks to Hot Wheels growth and lower costs
MATTEL shares rose in extended trading after the toymaker reported a smaller-than-expected first-quarter loss, benefiting from fast sales of its Hot Wheels miniature cars and lower costs.Shares of the...
Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances
KEPPEL DC Reit posted a 13.7 per cent lower first-quarter distribution per unit (DPU) of S$0.02192, compared with S$0.02541 in the year-ago period.Gross revenue was up 18.4 per cent to...
