Profit
Fox profit beats estimates as lower costs help offset ad revenue weakness
Fox Corp beat Wall Street estimates for third-quarter profit on Wednesday (May 8), due to lower expenses, even as its revenue tumbled more than 15 per cent on weakness...
AEM Holdings Q1 net profit tumbles 85% to S$2.4 million
SEMICONDUCTOR equipment maker AEM Holdings : AWX 0%’ net profit fell 85 per cent to S$2.4 million for the first quarter of its 2024 fiscal year ended Mar 30,...
Indian winemaker Sula Vineyards’ Q4 profit slips on mounting expenses
Sula Vineyards, India’s biggest wine maker by revenue, reported a 5 per cent drop in fourth-quarter profit on Wednesday (May 8), as mounting expenses overshadowed steady demand for its...
New York Times beats profit estimates on bundle strength
NEW York Times reported first-quarter profits that beat analysts’ expectations, driven by the strength of the publisher’s online offerings.
Earnings came to 31 cents a share, excluding some items, the...
Toyota sees 20% full-year profit decline after blockbuster Q4
Toyota Motor forecast a 20 per cent profit decline in the current financial year on Wednesday (May 8), citing cost of investment in suppliers and strategy, after the world’s...
BMW says costs, low used car prices to weigh on 2024 pre-tax profit
BMW said on Wednesday (May 8) it expects a slight drop in pre-tax profit this year due to higher research and development, manufacturing and personnel costs, with a decrease...
UOB CEO ‘cautiously optimistic’ on 2024; Q1 profit down 1.6% to S$1.49 billion
UOB chief executive Wee Ee Cheong is “cautiously optimistic” on the bank’s outlook for 2024 given the growth potential in South-east Asia, even as higher-for-longer interest rates and a...
South Korea’s Coupang slides after quarterly profit misses estimates
COUPANG, facing mounting competition in e-commerce, declined in late trading after first-quarter earnings came in shy of analysts’ estimates.Adjusted earnings before interest, taxes, depreciation and amortisation rose 17 per...
