Profit
Jardine Cycle & Carriage H1 underlying profit falls 14% to US$500 million
JARDINE Cycle & Carriage posted an underlying profit of US$500 million for the first half of 2024, down 14 per cent from US$583 million in the year-ago period. The group’s...
MUFG profit beats estimates with tailwind from rising rates
MITSUBISHI UFJ Financial Group reported quarterly profit that beat estimates, joining smaller rival Mizuho Financial Group in pointing to higher revenue from loans driven by rising rates in Japan....
DHL beats expectations on Q2 sales and profit
GERMAN logistics giant DHL reported second-quarter revenue and earnings slightly above expectations on Thursday (Aug 1) as air and ocean freight volumes showed modest improvements from a low starting...
China woes cut BMW’s auto profit margin in Q2
BMW on Thursday (Aug 1) reported a lower-than-expected profit margin in its core automotive segment during the second quarter, as heightened competition and weaker demand in China weighed on...
Hugo Boss misses Q2 operating profit expectations
HUGO Boss reported a 42 per cent drop in second-quarter operating profit on Thursday (Aug 1), below market expectations, two weeks after the German fashion house slashed its annual...
Japfa reverses into the black with US$51.7 million H1 net profit
JAPFA reported on Wednesday (Jul 31) a net profit of US$51.7 million for the first half of the year, reversing into the black from a loss of US$53.6 million...
Keppel H1 profit from continuing operations up 7% at S$513 million
Its board of directors is proposing a tax exempt one-tier interim cash dividend of S$0.15 per shareKEPPEL posted a 7 per cent increase in net profit to S$513 million...
Plantation business powers Indofood Agri Resources’ H1 net profit to 297.9 billion rupiah
INDOFOOD Agri Resources posted a net profit of 297.9 billion rupiah (S$24.5 million) for the first half ended Jun 30, up 236 per cent from the 88.6 billion rupiah...
