Profit
Exxon delivers US$9.2 billion second-quarter profit, raises output target
EXXONMOBIL on Friday (Aug 2) posted a better than expected US$9.2 billion second-quarter profit based on rising oil prices and volume gains from its purchase this year of shale...
NetLink NBN Trust records 9.1% lower profit after tax in Q1 at S$25.7 million
FIBRE-OPTIC owner NetLink NBN Trust posted a decline in its profit after tax by 9.1 per cent to S$25.7 million for the first quarter ended Jun 30, down from...
Nintendo Switch sales halve and profit tumbles as successor device awaited
JAPAN’S Nintendo said sales of its aging Switch console almost halved in the April-to-June first quarter and profit slumped, falling far short of estimates.The gaming giant sold just 2.1...
Snap shares tumble on weaker quarterly sales, profit outlook
SNAP shares tumbled in extended trading after the company reported disappointing second-quarter sales and gave a lower-than-expected outlook for earnings in the current period.The weak financial results overshadowed stronger...
Seatrium marks turnaround with H1 net profit of S$36 million
OFFSHORE and marine specialist Seatrium on Friday (Aug 2) marked its turnaround with a net profit of S$36 million for the first half ended Jun 30, reversing from a...
OCBC Q2 profit up 14% at S$1.94 billion; S$0.44 per share interim dividend declared
OCBC’s net profit for the second quarter ended June rose 14 per cent to S$1.94 billion, from S$1.71 billion in the previous corresponding period. The bank on Friday (Aug...
Amazon’s quarterly profit doubles as cloud business grows
AMAZON reported on Thursday its profit in the recently ended quarter doubled to US$13.5 billion with the help of renewed momentum of its AWS cloud computing business.The e-commerce giant’s...
Jardine Matheson posts 33% fall in underlying net profit to US$550 million
JARDINE Matheson Holdings (JMH) on Thursday (Aug 1) posted a US$550 million underlying net profit for the six months ended June, down 33 per cent from the year-ago period....
