Profit
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
JAPANESE trading house Sumitomo Corp reported net profit for the fiscal year ended in March fell 31.7 per cent from a year earlier to 386.4 billion yen (S$3.4 billion),...
Moody’s tops quarterly profit estimates on strong product demand
MOODY’S on Thursday (May 2) beat Wall Street estimates for first-quarter profit, helped by demand for its research and analytics products.The New York-based company recorded robust sales of its...
Hugo Boss profit tops expectations, but China lags
Hugo Boss beat first-quarter operating profit expectations on Thursday (May 2), as it managed to rein in costs while still investing in its brand and products to boost sales.However,...
Shell maintains pace of buybacks as profit beats estimates
Shell kept up the pace of share buybacks as first-quarter profit dropped less than expected, maintaining the focus on shareholder returns that has become a hallmark of the oil...
Maersk raises full-year profit guidance after strong quarter
Shipping group Maersk raised its full-year profit guidance after posting better than expected quarterly earnings on Thursday (May 2), citing strong container shipping demand and the diverting of vessels...
ING unveils 2.5 billion euros buyback as profit beats estimates
ING Groep announced a fresh share buyback after reporting a first-quarter profit that beat estimates .The Netherlands’ biggest bank will repurchase stock worth as much as 2.5 billion euros...
DBS chief expects 2024 earnings to hit new highs as Q1 profit rises 15% to S$2.95 billion
THE net profit of DBS : D05 0% for 2024 will likely be able to exceed its record levels in 2023, said chief executive Piyush Gupta. Gupta expects it...
Standard Chartered Q1 profit rises 5.5%, beats estimates
STANDARD Chartered posted on Thursday a 5.5 per cent rise in its first-quarter pretax profit, beating estimates, as higher interest rates bolstered earnings at the emerging markets-focused lender.StanChart, which...
