Profit
Ferrari’s core profit rises 7%, helped by product mix, personal touches
FERRARI said on Tuesday (Nov 5) its core earnings rose 7 per cent in the third quarter, despite a slight decrease in car shipments, as the luxury sports car...
SIA Engineering Q2 profit up 10.2% to S$35.6 million; declares S$0.02 dividend per share
AIRCRAFT maintenance provider SIA Engineering (SIAEC) on Tuesday (Nov 5) reported net profit of S$35.6 million for the quarter ended Sep 30, 2024, up 10.2 per cent from S$32.3...
Audi Group profit slumps on China weakness, plant restructuring
VOLKSWAGEN’S Audi-led premium brands barely eked out an operating profit in the third quarter after waning luxury spending in China and a plant restructuring in Brussels dragged on returns.
Operating...
Saudi Aramco reports 15% drop in Q3 profit but maintains dividend
Saudi oil giant Aramco on Tuesday (Nov 5) reported a 15.4 per cent drop in third-quarter profit due to lower crude prices and weaker refining margins, but maintained its...
Sun Life profit beats expectation on strength in Canada, US
SUN Life reported a better-than-expected third-quarter profit on Monday (Nov 4) as Canada’s second-largest life insurer benefited from robust growth in its domestic and US businesses.The earnings beat was...
AIG’s profit beats estimates on strong underwriting, investment returns
AMERICAN International Group (AIG) sailed past Wall Street estimates for third-quarter profit on Monday (Nov 4) as the insurer benefited from strong underwriting and higher returns on investments.General insurance...
Marriott trims 2024 profit forecast on sluggish China domestic travel demand
MARRIOTT International cut its annual profit forecast on Monday (Nov 4) as weak domestic travel in China overshadows strong group and international demand, sending its shares down 3.4 per...
US dollar drops to two-week low as investors take profit on ‘Trump trades’
THE US dollar dipped on Monday (Nov 4) as investors braced for wide-ranging implications for the global economy this week from the outcome of US elections and a likely...
