Profit
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
[SINGAPORE] Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million loss in the previous...
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
Published Wed, Apr 30, 2025 · 09:05 AMPRUDENTIAL on Wednesday reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer benefitted...
Sheng Siong Q1 net profit up 6.1% to S$38.5 million on stronger sales
[SINGAPORE] Supermarket operator Sheng Siong recorded a 6.1 per cent increase in net profit to S$38.5 million for the first quarter ended Mar 31, from S$36.3 million the year...
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertaintyPublished Tue, Apr 29, 2025 · 06:51 PM[LOS ANGELES] United Parcel Service reported...
Adidas holds back on profit upgrade due to tariff uncertainty
[LONDON] German sportswear maker Adidas held back on Tuesday (Apr 29) from raising its 2025 financial forecasts despite strong first-quarter results, saying the uncertainty around US import tariffs was...
Porsche’s Q1 profit margin plunges on China weakness, US tariffs
Published Tue, Apr 29, 2025 · 03:24 PM[FRANKFURT] Luxury sports carmaker Porsche on Tuesday (Apr 29) said its operating margin fell to 8.6 per cent in the first quarter,...
BP reports lower-than-expected profit of US$1.4b
It fell below the US$1.53 billion expected by analysts in a company-provided pollPublished Tue, Apr 29, 2025 · 02:43 PM[LONDON] BP missed forecasts on Tuesday (Apr 29) with an...