Profit

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...
OCBC Q4 net profit rises 12% to S.62 billion; declares Salt=
OCBC Q4 net profit rises 12% to S$1.62 billion; declares S$0.42 final dividend
February 27, 2024
OCBC’s net profit for the fourth quarter ended Dec 31, 2023 gained 12 per cent to S$1.62 billion from S$1.44 billion a year prior, driven by a 2 per...
Yangzijiang Shipbuilding H2 net profit rises 64.7% on gross profit margin increase
Yangzijiang Shipbuilding H2 net profit rises 64.7% on gross profit margin increase
February 27, 2024
YANGZIJIANG Shipbuilding on Tuesday (Feb 27) reported net profit of 2.4 billion Chinese yuan (S$443.2 million) for the second half of the financial year ended Dec 31, 2023, up...
Yangzijiang Shipbuilding H2 net profit rises 64.7% on rise in shipbuilding revenue
Yangzijiang Shipbuilding H2 net profit rises 64.7% on rise in shipbuilding revenue
February 27, 2024
YANGZIJIANG Shipbuilding on Tuesday (Feb 27) reported net profit of 2.4 billion Chinese yuan (S$443.2 million) for the second half of the financial year ended Dec 31, 2023, up...
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...
Cordlife braces for 25-30% slide to FY23 net profit amid mishandling scandal
Cordlife braces for 25-30% slide to FY23 net profit amid mishandling scandal
February 27, 2024
PRIVATE cord blood bank Cordlife Group on Tuesday (Feb 27) said it is anticipating a 25 to 30 per cent slide to its net profit for the financial year...
Delfi H2 net profit down 14.1%; special dividend proposed on rising confidence, strong net sales
Delfi H2 net profit down 14.1%; special dividend proposed on rising confidence, strong net sales
February 27, 2024
CHOCOLATE confectionery company Delfi on Tuesday (Feb 27) posted a net profit of US$21.1 million for the six months ended Dec 31, 2023, marking a 14.1 per cent decrease...