Profit

Uniqlo owner posts 29% jump in Q3 operating profit
Uniqlo owner posts 29% jump in Q3 operating profit
The company raised its full-year profit forecast to 475 billion yen from 450 billion yenJapan’s Fast Retailing, the owner of clothing brand Uniqlo, said on Thursday (Jul 11) its...
Top Thai budget carrier expects 2024 core profit to hit record
Top Thai budget carrier expects 2024 core profit to hit record
ASIA Aviation, owner of Thailand’s biggest low-cost airline, expects record earnings from core operations this year as a surge in overseas visitors boosts seat demand and airfares.Thai AirAsia, the...
Top Thai budget carrier expects 2024 core profit to hit record
Top Thai budget carrier expects 2024 core profit to hit record
ASIA Aviation, owner of Thailand’s biggest low-cost airline, expects record earnings from core operations this year as a surge in overseas visitors boosts seat demand and airfares.Thai AirAsia, the...
Tan Chong expects 86% fall in profit after tax for H1 2024 on ‘severe drop in sales’
Tan Chong expects 86% fall in profit after tax for H1 2024 on ‘severe drop in sales’
Markets with ‘significant losses’ include Malaysia, Thailand, Taiwan, Singapore and the PhilippinesAUTO dealer Tan Chong International is expecting an 86.6 per cent fall in profit after tax to HKD$25...
Battery maker LG Energy’s profit sinks on global EV slowdown
Battery maker LG Energy’s profit sinks on global EV slowdown
BATTERY maker LG Energy Solution’s second-quarter profit missed analyst estimates, as sales of electric vehicles (EVs) continued to slow. Operating profit for three months ended Jun 30 dropped 58...
Samsung stock hits three-year high on profit leaping 15-fold
Samsung stock hits three-year high on profit leaping 15-fold
SAMSUNG Electronics posted its fastest pace of sales and profit growth in years, reflecting a recovery in memory chip demand as AI development accelerates globally. The world’s largest maker...
Samsung flags better-than-expected rise in second-quarter profit as chip prices jump
Samsung flags better-than-expected rise in second-quarter profit as chip prices jump
SAMSUNG Electronics estimated on Friday a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor prices driven by the artificial intelligence boom lifted earnings from a...
AI frenzy expected to have boosted Samsung Q2 profit 13-fold
AI frenzy expected to have boosted Samsung Q2 profit 13-fold
SAMSUNG Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices.Operating...
No profit, no problem: Singapore’s digital banks in six charts
No profit, no problem: Singapore’s digital banks in six charts
IT’S been just over two years since Green Link Digital Bank (GLDB) became the first digital bank to start operations in Singapore. This was followed in quick succession by ANEXT,...
Britain’s Revolut surges to record profit as it seeks US billion valuation
Britain’s Revolut surges to record profit as it seeks US$40 billion valuation
BRITISH fintech company Revolut made a record pretax profit of £438 million (S$753 million) in 2023 on strong user growth and soaring interest-related income, it said on Tuesday (Jul...