Profit
Coca-Cola raises annual sales, profit forecasts on steady demand
COCA-COLA raised its annual organic sales and profit forecasts on Tuesday (Jul 23), signalling consumers are willing to spend more for the beverage giant’s higher-priced sodas, energy drinks and...
Ryanair quarterly profit plummets as customers baulk at higher fares
The airline is struggling to sell its higher-priced tickets after removing lower-priced fares for last-minute ordersLOW-COST carrier Ryanair’s profits slumped by almost half in the three months to the...
Brokers’ take: RHB raises ST Engineering target on upbeat dividend, profit growth
This comes after the group increases its commercial aerospace capabilities with new contractsRHB Research has lifted its target price on ST Engineering by 11.1 per cent to S$5 from...
India’s Reliance Industries Q1 profit misses estimates on lower fuel sales margin
INDIA’S Reliance Industries, a retail-to-telecom conglomerate, reported first-quarter profit on Friday (Jul 19) that missed estimates, hurt by lower margins on fuel sales.The billionaire Mukesh Ambani-led company, India’s largest...
AmEx’s quarterly profit beats estimates on robust spending
CREDIT card giant American Express raised its full-year profit forecast on Friday (Jul 19), as its wealthy customers persisted in splurging on travel, dining and entertainment.
The company also reported...
Abbott raises annual profit forecast as strong medical device sales power quarterly beat
The company now expects a profit of US$4.61 to US$4.71 per share for the full yearABBOTT Laboratories raised its annual profit forecast and beat Wall Street estimates for second-quarter...
Blackstone posts modest Q2 profit jump on private equity, credit gains
BLACKSTONE said on Thursday (Jul 18) its second-quarter distributable earnings rose 3 per cent from a year earlier, as a jump in asset sales in its private equity and...
TSMC is set to report a strong profit but Trump comments pummel its stock