Profit
Yangzijiang Shipbuilding H2 profit up 50.5% at 3.6 billion yuan
YANGZIJIANG Shipbuilding reported a net profit of 3.6 billion yuan (S$659.3 million) for the second half ended Dec 31, 50.5 per cent higher than the 2.4 billion yuan recorded...
Hong Leong Asia H2 net profit rises 12.2% to S$38.2 million
HONG Leong Asia reported a net profit of S$38.2 million for its second half ended Dec 31, 12.2 per cent higher than the S$34.1 million recorded in the year-ago...
Maybank Q4 profit rises 6.1% to RM2.5 billion
MAYBANK’S net profit for the fourth quarter rose 6.1 per cent to RM2.5 billion (S$764 million), supported by improved regional economic conditions, the bank said on Wednesday (Feb 26).Malaysia’s...
Lynas profit slumps 85% as low rare earths prices take toll
The miner’s performance indicates the market is still over-supplied, with rare earth oxide prices down due to strong output from China and its economic slowdownLYNAS Rare Earths’ first-half profit...
CDL H2 net profit drops 54.7% to S$113.5 million
PROPERTY player City Developments Limited (CDL) posted a profit of S$113.5 million for its second half ended Dec 31, down 54.7 per cent from S$250.8 million in the previous...
CDL H2 net profit drops 54.7% to S$113.5 million on property development segment’s lower contributions
PROPERTY player City Developments Ltd (CDL) posted a profit of S$113.5 million for its second half ended Dec 31, down 54.7 per cent from S$250.8 million in the previous...
Instacart forecasts downbeat first-quarter core profit, shares fall
INSTACART on Tuesday forecast a lower-than-expected first-quarter core profit as the online grocery delivery platform expects sequential declines in advertising revenue.The company’s shares, which also missed fourth-quarter revenue estimates,...
Coupang profit beats estimates, even as sales growth slows
COUPANG, the largest e-commerce company focused on South Korea, handily beat profit estimates for the fourth quarter, even as sales grew more slowly than expected during the period.The online...