Profit
Genting Singapore posts 34% fall in H2 net profit to S$222 million
GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half year ended Dec 31, 2024, from S$334.9 million in the corresponding year-ago...
Lenovo’s profit beats estimates as AI fuels PC recovery hopes
Investors are betting that PC makers from HP to Dell Technologies will benefit in 2025 as consumers pick up devices with more AI featuresLENOVO Group’s quarterly profit beat projections,...
Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low
RIO Tinto does not support a push by some shareholders to consolidate the company’s dual-exchange share listing in Sydney, its CEO said on Wednesday (Feb 19) as the miner...
SingPost Q3 operating profit down 23.8% at S$21.1 million
SINGAPORE Post’s (SingPost) group operating profit for the third quarter ended December was S$21.1 million, down 23.8 per cent on the year from S$27.7 million. The decrease in operating...
Telstra’s profit jumps, announces A$750 million share buyback
TOP Australian telecom firm Telstra met consensus expectations for its first-half profit on the back of its mobile business and announced an A$750 million (S$639 million) share buyback, citing...
Fortescue profit plunges as China’s iron ore demand declines
FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest consumer China softened.The slump in net income to US$1.55...
Nasdaq-listed Grab’s Q4 profit falls to US$27 million, but beats analyst estimates
NASDAQ-LISTED Grab on Thursday (Feb 20) posted a net profit of US$27 million for the fourth quarter ended December, down from US$35 million in the previous corresponding period. The...
Manulife’s profit climbs on wealth management strength, Asia growth
MANULIFE Financial posted higher fourth-quarter profit on Wednesday, bolstered by a thriving wealth and asset management business and strong growth in Asia.The results underscore the rising significance of Manulife’s...
