Profit
Kering warns on annual 2024 operating profit as Gucci sales fall
FRENCH luxury goods group Kering warned on Wednesday (Oct 23) its full-year operating income would almost halve after reporting a larger-than-expected drop in third quarter sales, as weak demand...
3M raises profit forecast after quarterly beat on electronics demand
An uptick in demand for electronics used in vehicles and mobile phones boosted profit for the company3M Co raised the lower end of its full-year adjusted profit forecast on...
Moody’s raises full-year profit forecast above estimates on strong product demand
RATINGS agency Moody’s raised its full-year adjusted profit forecast above Wall Street estimates and posted a nearly 31 per cent rise in third-quarter earnings on Tuesday (Oct 22), on...
UOI profit before tax down 2% to S$22.1 million amid fall in net insurance service and financial results
Its insurance revenue is 14% up to S$79.4 million; other income is 8% higher to S$10.3 million UNITED Overseas Insurance (UOI) posted a profit before tax of S$22.1 million...
Logitech raises full-year outlook as sales and profit expectations climb
LOGITECH International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday (Oct...
Maersk raises profit outlook on strong market
Danish shipping group AP Moller-Maersk said on Monday (Oct 21) it had raised its full-year forecasts on the back of strong third quarter results, robust demand and the continuing...
China’s Ping An Insurance posts 36.1% rise in nine-month profit
PING An Insurance (Group) Co of China reported on Monday (Oct 21) a 36.1 per cent rise in net profit in the first nine months of the year, driven...
India’s Tata Consumer beats Q2 profit estimates as demand for packaged food rises
Its Indian food business posts a 28% rise in quarterly revenue, as the company expands its distribution network into small towns and villagesINDIA’S Tata Consumer Products on Friday (Oct...
