Profit

StanChart boosts return plan to US billion as profit beats
StanChart boosts return plan to US$8 billion as profit beats
October 30, 2024
STANDARD Chartered vowed to return at least US$8 billion to investors by 2026 as it reported better-than-estimated third-quarter earnings on its wealth business and markets trading.The London-headquartered bank said...
CapitaLand Ascott Trust’s Q3 gross profit rises 8%
CapitaLand Ascott Trust’s Q3 gross profit rises 8%
October 30, 2024
CAPITALAND Ascott Trust’s (Clas) gross profit rose 8 per cent year on year in the third fiscal quarter ended September.On Wednesday (Oct 30), the lodging trust’s managers attributed the...
Visa profit beats expectation on resilient consumer spending
Visa profit beats expectation on resilient consumer spending
October 29, 2024
VISA’S fourth-quarter profit beat Wall Street expectations on Tuesday (Oct 29), as consumers set aside worries of a slowing economy and swiped their cards to splurge on travel and...
Pfizer’s Covid-19 drug powers strong quarterly profit as activist hovers
Pfizer’s Covid-19 drug powers strong quarterly profit as activist hovers
October 29, 2024
Pfizer, which is under pressure from activist investor Starboard, on Tuesday (Oct 29) topped third-quarter estimates as sales of its Covid-19 treatment Paxlovid blew past Wall Street expectations.The US...
Sheng Siong’s Q3 net profit up 12.6% on the back of higher revenue
Sheng Siong’s Q3 net profit up 12.6% on the back of higher revenue
October 29, 2024
SUPERMARKET chain Sheng Siong posted a 12.6 per cent increase in net profit to S$39.1 million for the third quarter ended Sep 30, from S$34.7 million the year before.Revenue...
PayPal forecasts Q4 revenue below estimates as profit push puts growth behind
PayPal forecasts Q4 revenue below estimates as profit push puts growth behind
October 29, 2024
PAYPAL forecast fourth-quarter revenue below estimates on Tuesday (Oct 29) as the digital payments company shifts its focus to higher-margin businesses from aggressive expansion, sending its shares down 4...
Aztech Global net profit falls 55.7% to S.7 million as revenue slides
Aztech Global net profit falls 55.7% to S$13.7 million as revenue slides
October 29, 2024
MAINBOARD-LISTED Aztech Global posted a 55.7 per cent drop in net profit to S$13.7 million for its third quarter ended Sep 30, 2024, from S$30.9 million in the corresponding...
Aztech Global net profit falls 55.7% to S.7 million as revenue slides
Aztech Global’s Q3 net profit falls 55.7% to S$13.7 million as revenue slides
October 29, 2024
MAINBOARD-LISTED Aztech Global posted a 55.7 per cent drop in net profit to S$13.7 million for its third quarter ended Sep 30, 2024, from S$30.9 million in the corresponding...
China’s Citic Securities Q3 profit rises 21.9%
China’s Citic Securities Q3 profit rises 21.9%
October 29, 2024
CITIC Securities, China’s biggest brokerage, reported a 21.9 per cent rise in third-quarter profit on Tuesday (Oct 29), driven by growing investment gains. Net profit for the three months to...
BP profit slumps to near four-year low as oil demand sags
BP profit slumps to near four-year low as oil demand sags
October 29, 2024
BP POSTED a 30 per cent drop in third-quarter profit to US$2.3 billion – the lowest in almost four years – weighed down by weaker refining margins and oil...