Profit
Golden Agri Q1 profit falls 60% to US$37 million on weaker crude palm oil prices
Golden Agri-Resources’ (GAR) net profit for the first quarter ended March stood at US$37 million, down 60 per cent on the year amid continued weakness of crude palm oil...
First Resources posts 86.6% higher Q1 profit of US$36.1 million
FIRST Resources’ net profit grew 86.6 per cent to US$36.1 million for the first quarter ended March 2024, from US$19.3 million a year prior. On Wednesday (May 15), the...
Jack Ma-backed Ant’s profit fell 19% as regulations curb growth
ANT Group’s quarterly earnings fell 19 per cent as the Chinese fintech pioneer founded by Jack Ma struggles to find new drivers of growth following regulatory clampdowns at home.
The...
Frencken Q1 earnings up 73% to S$9 million on back of revenue growth, higher gross profit margin
SEMICONDUCTOR player Frencken Group : E28 0% reported a net profit of S$9 million for the first quarter ended Mar 31 for FY2023, up 73 per cent from S$5.2...
StarHub posts 8.1% rise in Q1 net profit to S$40.1 million despite flat revenue
StarHub : CC3 0%on Tuesday (May 14) posted an 8.1 per cent rise in net profit to S$40.1 million for the first quarter ended Mar 31, from S$37.1 million...
China’s Alibaba beats quarterly revenue estimates, profit drops
CHINA’S Alibaba Group Holding beat analysts’ estimates for fourth-quarter revenue on Tuesday (May 14), as a focus on low-cost goods in response to cautious consumer spending helped boost domestic...
China’s Alibaba profit tumbles 86% though revenue beats estimates
CHINA’S Alibaba Group Holding reported an 86 per cent plunge in fourth-quarter profit on Tuesday (May 14) primarily due to valuation changes from equity investments, pushing its US-listed shares...
ComfortDelGro posts 23.8% rise in net profit on higher fees and fares
LAND transport conglomerate ComfortDelGro : C52 0% on Tuesday (May 14) posted a 23.8 per cent rise in year-on-year net profit to S$40.6 million in Q1 ended Mar 31,...