Million

CDL net profit drops 75% to S7.3 million for 2023, targets S billion in divestments
CDL net profit drops 75% to S$317.3 million for 2023, targets S$1 billion in divestments
February 28, 2024
CITY Developments Ltd’s (CDL) net profit dropped 75 per cent to S$317.3 million in 2023, as higher financing costs ate into profits in the absence of divestment gains. This...
Hot stock: Olam up as much as 10% as H2 profit rises 15.4% to S0.8 million
Hot stock: Olam up as much as 10% as H2 profit rises 15.4% to S$230.8 million
February 28, 2024
SHARES of mainboard-listed Olam Group climbed as much as 10 per cent on Wednesday (Feb 28) after the agri-business group posted a 15.4 per cent rise in net profit...
Best World Q4 net profit drops 15.2% to S.4 million on China’s sales decline, rising distribution costs
Best World Q4 net profit drops 15.2% to S$40.4 million on China’s sales decline, rising distribution costs
February 27, 2024
BEST World International posted a 15.2 per cent drop in net profit to S$40.4 million for the three months ended Dec 31, 2023, from S$47.7 million in the corresponding...
Food Empire H2 net profit falls 9.6%, but full-year revenue at new high of US5.7 million
Food Empire H2 net profit falls 9.6%, but full-year revenue at new high of US$425.7 million
February 27, 2024
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...
Hotel Properties swings back to black with S8.2 million H2 net profit
Hotel Properties swings back to black with S$578.2 million H2 net profit
February 27, 2024
HOTEL Properties Limited (HPL) on Tuesday (Feb 27) reported a net profit of S$578.2 million for the six months ended Dec 31, 2023, a significant increase from the net...
GHY expects 94 million yuan loss following cancelled China football games with Al Nassr
GHY expects 94 million yuan loss following cancelled China football games with Al Nassr
February 27, 2024
GHY Culture and Media said on Tuesday (Feb 27) that it is expecting a loss of 94 million yuan (S$17.6 million) arising from two cancelled football games with Al...
Geo Energy H2 profit falls almost 40% as finance costs hike by US.5 million
Geo Energy H2 profit falls almost 40% as finance costs hike by US$5.5 million
February 27, 2024
INDONESIAN coal producer Geo Energy Resources on Tuesday (Feb 27) reported a drop in net profit of almost 40 per cent to US$34.8 million for the second half of...
Frencken’s H2 net profit down 20.7% to S.4 million; numbers show recovery from H1 despite tech downturn
Frencken’s H2 net profit down 20.7% to S$20.4 million; numbers show recovery from H1 despite tech downturn
February 27, 2024
SEMICONDUCTOR and machine manufacturer Frencken Group posted a 20.7 per cent decrease in its net profit for the half year ended Dec 31, 2023 to S$20.4 million from S$25.7...
Jardine Cycle & Carriage H2 underlying profit rises 0.5% to US6.8 million
Jardine Cycle & Carriage H2 underlying profit rises 0.5% to US$576.8 million
February 27, 2024
The group uses underlying profit, as opposed to net profit, in its internal financial reporting, to distinguish between ongoing business performance and non-trading items. In a footnote, the group...
Straits Trading’s H2 net loss narrows to S.5 million
Straits Trading’s H2 net loss narrows to S$43.5 million
February 27, 2024
For FY2023, Straits Trading registered a net loss of S$28.6 million as opposed to a S$551.3 million profit in the prior year, with a LPS of S$0.064 compared to...