Profit
Prudential’s H1 new business profit falls 1% to US$1.47 billion
Insurer attributes decline to high base effects in 2023 in many markets; excluding effect of interest rates and other economic impacts, new business profit is up 8%PRUDENTIAL’S new business...
Australia’s Woolworths posts flat annual profit
WOOLWORTHS Group, Australia’s largest supermarket chain, reported a flat annual profit on Wednesday, as weak performance in its New Zealand Food and Big W divisions offset sales growth in...
Lum Chang swings back to black with S$3.7 million H2 net profit
CONSTRUCTION company Lum Chang posted a net profit of S$3.7 million for the second half of its 2024 fiscal year ended Jun 30, reversing its net loss of S$29.3...
Australia’s Guzman y Gomez profit beats forecast in first earnings since IPO
AUSTRALIA’S Guzman y Gomez reported a surge in full-year profit, outperforming its prospectus forecast after the Mexican-themed fast-food chain’s bumper June debut.The Sydney-based company reported pro forma net profit...
Australia’s Coles beats annual profit view on strong supermarket sales
COLES, Australia’s second-largest grocer, posted its annual profit above analysts’ estimates on Tuesday, fuelled by strong sales at its supermarkets and improved inventory management that effectively mitigated theft-induced stock...
BHP annual profit rises 2%, says open to higher debt for acquisitions
BHP Group reported a better-than-expected annual underlying profit on Tuesday due to growth at its iron ore and copper businesses and said it was comfortable with raising its debt...
Thomson Medical’s H2 net profit dips 2.5% to S$13.4 million
HEALTHCARE provider Thomson Medical posted a net profit of S$13.4 million for the second half of its 2024 fiscal year ending Jun 30, a 2.5 per cent dip from...
Sinopec’s 1H profit up 2.6% on record output despite slumping product demand
China’s Sinopec posted a 2.6 per cent rise in net profit for the first half of the year, it said on Sunday (Aug 25), as record oil and gas...
