Profit
Uniqlo operator posts higher Q1 profit despite sluggish China results
THE operator of the Uniqlo global clothing chain reported first quarter results on Thursday (Jan 9) that trailed analyst forecasts as a sharp decline in profit in China overshadowed...
Japan’s Seven & i Holdings reports 24% drop in third-quarter profit
Profit fell to 128 billion yen (S$1.1 billion) in the period from September to November Japan’s Seven & i Holdings, operator of the 7-Eleven convenience store chain, reported on...
Jefferies profit triples in sign dealmaking slump is ending
JEFFERIES Financial Group’s profit soared on a rebound in mergers and acquisitions (M&A ) and a surge in equity-trading revenue, signs that the multiyear dealmaking slump is coming to...
Samsung Q4 profit outlook misses estimates by large margin as chip issues drag
SAMSUNG Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as it lagged behind rival SK Hynix in supplying high-end chips...
Nio’s mass market push draws scorn as EV maker promises a profit
IT’S a wonder three little headlights can stir up such debate. But that’s what many netizens in China have been driven to comment on following the launch of Nio’s...
Top Glove swings back to black with RM5.5 million Q1 net profit
GLOVE manufacturer Top Glove posted a net profit of RM5.5 million (S$1.7 million) for the first fiscal quarter ended November, reversing its net loss of RM57.7 million in the...
Stamford Tyres H1 profit tumbles 75.1% to S$401,000 on increased expenses
Revenue falls 1.2% to S$94.5 million but other expenses shoot up 80.3% to S$2.9 million TYRE and wheel distributor Stamford Tyres reported a 75.1 per cent decrease in net profit...
Vibrant Group reverses into black with S$3.3 million H1 profit
The logistics company booked a loss of S$3.2 million in the previous corresponding period LOGISTICS company Vibrant Group has posted a net profit of S$3.3 million for the half-year ended...
