Profit
Ping An profit rises as market recovery bolsters returns
Net income climbed to 74.6 billion yuan (S$13.6 billion) in the six months ended June 30, from 69.8 billion yuan a year earlierPing An Insurance (Group) said profit rose...
Marco Polo Marine Q3 gross profit up 2.6% on favourable supply-demand environment
INTEGRATED marine logistics company Marco Polo Marine posted a 2.6 per cent rise in gross profit to S$14.6 million for the third quarter ended Jun 30, 2024, from S$14.2...
UK recruiter Hays annual profit drops 47% on extended hiring periods
Low confidence levels among both jobseekers and employers have extended the time taken to fill vacant positions, dealing a blow to recruiters’ profitsBritish recruiter Hays reported a 47 per...
Hong Kong Exchange sees 9% profit gain on rising trading
HONG Kong Exchanges & Clearing (HKEX) is benefiting from mainland Chinese investors in need of diversifying their holdings at a time of turbulence in markets from Shanghai to Shenzhen.
Flows...
China’s Didi Global swings to profit in second quarter
CHINA’S largest ride-hailing company, Didi Global, swung to a net profit of 1.4 billion yuan (S$256.5 million) for the second quarter from a 300 million yuan loss a year...
Netflix beats 2021 record as investors embrace profit push
NETFLIX shares hit their first record in nearly three years as investors continue gravitating towards the streaming video company while its strategy to improve profitability plays out.Shares of the...
Westpac profit rises as margin pressure shows signs of easing
WESTPAC Banking’s profit edged higher as pressure on margins eased and mortgage lending grew faster than the wider industry, offsetting a fragile outlook for the nation’s economy. Unaudited net...