Profit

CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
February 12, 2025
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs.Shares of...
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
Australia’s CBA first-half profit beats estimates on strong asset quality, lending volume growth
February 12, 2025
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs.Shares of...
Lyft posts muted first-quarter bookings and profit outlook
Lyft posts muted first-quarter bookings and profit outlook
February 11, 2025
LYFT issued a disappointing first-quarter gross bookings outlook, following a similarly muted forecast from rival Uber Technologies citing the impact from the extreme winter weather and LA wildfires.Gross bookings...
NSL reverses losses with a net profit of S.9 million in latest 6-month results
NSL reverses losses with a net profit of S$18.9 million in latest 6-month results
February 11, 2025
INDUSTRIAL group NSL posted a net profit of S$18.9 million for the six-month period ended Dec 31, 2024, a reversal from its net loss of S$25.8 million in the...
Wing Tai H1 net profit declines 51% to S.1 million
Wing Tai H1 net profit declines 51% to S$10.1 million
February 11, 2025
PROPERTY and retail company Wing Tai Holdings’ net profit continued its decline in the first half of its 2025 fiscal year due to lower contributions from its property assets,...
BP pledges reset as annual profit dips below US billion
BP pledges reset as annual profit dips below US$9 billion
February 11, 2025
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in annual profits, missing analysts’ expectations. The...
BP pledges reset as annual profit dips below US billion
BP pledges strategy reset as annual profit falls by a third
February 11, 2025
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in annual profits, missing analysts’ expectations. The...
Australia’s Macquarie profit flattens as commodity trading drops
Australia’s Macquarie profit flattens as commodity trading drops
February 11, 2025
Macquarie Group’s profit was flat for the first three quarters of the fiscal year as business in its commodities trading arm continued to slip even as its asset management...
NetLink NBN Trust’s 9-month profit down 12.9% at S.1 million
NetLink NBN Trust’s 9-month profit down 12.9% at S$74.1 million
February 11, 2025
FIBRE network provider NetLink NBN Trust posted S$74.1 million profit after tax for the nine months ended December, down 12.9 per cent from S$85.1 million in the previous corresponding...
GuocoLand H1 profit up 13 per cent to S.6 million
GuocoLand H1 profit up 13 per cent to S$74.6 million
February 10, 2025
PROPERTY developer GuocoLand reported a net profit of S$74.6 million for the first half ended Dec 31, 2024, up 13 per cent year on year from S$66.2 million. Earnings...