Profit
Air New Zealand eyes fare hikes as costs surge, profit slumps
AIR New Zealand said it may raise ticket prices to cover rising costs after reporting a 38 per cent slump in interim earnings and forecasting an even worse second...
iFast Q4 net profit surges 917% to S$13.2 million
FINANCIAL services company iFast Corporation’s net profit for the fourth quarter surged 917.1 per cent, on the back of higher revenue, as initial contributions from its ePension division streamed...
Website creator Wix.com’s profit doubles, sees Studio product boosting 2024
WIX.COM, which helps small businesses build and operate websites, beat fourth-quarter profit expectations on Wednesday (Feb 21) and forecast double-digit revenue growth in 2024. Its earnings per diluted share...
Wilmar H2 net profit falls 21.3% on lower contributions from feed and industrial products
For the full year ended December 2023, net profit was down 36.5 per cent to US$1.5 billion, mainly due to weaker performance in the first half of the year....
Vicom’s H2 net profit climbs 4.5% to S$13.7 million on higher revenue
VEHICLE inspection company Vicom reported on Wednesday (Feb 21) a 4.5 per cent increase in net profit for the second half of 2023, on the back of higher revenue....
OUE Healthcare expects higher H2, FY23 profit on fair-value gains
CATALIST-LISTED OUE Healthcare is expecting a higher year-on-year profit after tax for the second half and full year ended Dec 31, 2023, based on a preliminary assessment of its...
HSBC’s record annual profit marred by US$3 billion China hit; shares slide
HSBC Holdings reported a record annual profit on Wednesday (Feb 21), although it missed estimates because of a US$3 billion charge on its stake in a Chinese bank amid...
Rio Tinto profit drops 12% but iron ore giant returns more cash to investors
RIO Tinto reported a 12 per cent fall in annual underlying earnings on Wednesday (Feb 21), in line with forecasts, but paid a better-than-expected final dividend as it said...
