Profit
Lufthansa doubles profit in 2023 as demand booms
GERMAN airline giant Lufthansa said Thursday (Mar 7) it had doubled profits in 2023 on booming demand, as the aviation sector extends a rebound from the coronavirus pandemic. The...
TDCX’s Q4 profit rises 27.8% to S$32 million on higher margins
NEW York-listed digital customer solutions provider TDCX posted a net profit of S$32 million for its fourth quarter ended December 2023, up 27.8 per cent from S$25 million in...
Lloyd’s of London insurer Hiscox posts record annual profit, launches new buyback
LLOYD’S of London insurer Hiscox on Tuesday (Mar 5) posted a record annual profit and launched a share buyback as higher interest rates and strength in its commercial business...
Boeing supplier Senior posts profit jump, boosts dividend
BRITISH aerospace engineer Senior raised its dividend on Monday (Mar 4) after 2023 profits nearly doubled, buoyed by an increase in civil aircraft production rates and robust demand in...
Elon Musk sues OpenAI and Sam Altman, saying company putting profit over the public good
Elon Musk, the multi-billionaire owner of Tesla and X, is suing artificial intelligence company OpenAI, accusing the firm of prioritising profit over developing AI for the public good. Mr...
TA Corp H2 net profit up 9% to S$11.7 million
PROPERTY and construction company TA Corporation posted a 9 per cent rise in net profit to S$11.7 million for its second half ended Dec 31, 2023, from S$10.8 million...
Elon Musk sues OpenAI for abandoning original mission for profit
ELON Musk has sued ChatGPT-maker OpenAI and its CEO Sam Altman, saying they abandoned the startup’s original mission to develop artificial intelligence for the benefit of humanity and not...
PropertyGuru reports S$1.1 million net profit in Q4 amid higher Singapore revenue
ONLINE property portal PropertyGuru posted a net income of S$1.1 million for the fourth quarter ended December, reversing from a net loss of S$5.2 million a year prior and...
