Profit
Swiss Re’s full-year profit soars on higher interest rates
SWISS Re’s net income rose to US$3.2 billion in 2023, driven by higher underwriting margins and interest rates. The profit was in line with estimates and resulted in a...
Cosco Shipping says it expects to post net profit for FY2023
LOGISTICS management service provider Cosco Shipping International (Singapore) said it expects to report a net profit of approximately S$1.9 million for its financial year ended Dec 31, 2023. This...
SIA Engineering Q3 net profit more than doubles to S$26.9 million
AIRCRAFT maintenance provider SIA Engineering Company (SIAEC) posted a net profit of S$26.9 million for its third quarter ended Dec 31, 2023, more than double the S$12.8 million in...
By Launching Abdul’s BBQ, 16-Year-Old Entrepreneur Abdulla Al-Janahi Is Turning His Passion Into Profit | Entrepreneur
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. When 16-year-old Abdulla Al-Janahi discovered that he had an innate...
Robinhood posts surprise profit on interest income boost, trading rebound
ROBINHOOD Markets posted a surprise profit in the fourth quarter on Tuesday (Feb 13), driven by higher interest income from customers paying back loans and a rebound in trading,...
Macquarie profit ‘substantially’ down; commodities head resigns
MACQUARIE Group’s profit fell due to reduced activity in its commodities and global markets business, while the veteran head of the division will step down later this month. Earnings...
China’s consumer slump claims another victim as Shiseido profit slides
SHISEIDO became the latest victim on Friday (Feb 9) of a slowing Chinese economy that has battered earnings at many global consumer goods companies, when the Japanese cosmetics maker...
Straco Corporation expects a ‘substantial’ net profit for FY2023
TOURISM facilities operator Straco Corporation is expected to report a substantial net profit for its 2023 financial year. The company, which operates the Singapore Flyer, provided a profit guidance...
