Profitability
Xiaomi rides fan base to EV profitability faster than Tesla
China’s mature EV supply chain helps Xiaomi to reach scale without needing heavy capital[BEIJING] Xiaomi parlayed its popularity with an existing customer base to rake in orders for its...
AirAsia owner Capital A swings to annual loss on forex losses, expects profitability in 2025
Capital A swung to an attributable loss of RM475.1 million (US$106.5 million) in 2024, from a profit of RM255.3 million in the previous yearMALAYSIA’S Capital A Berhad, owner of...
Cordlife expects to be in the red for FY2024; ‘no assurance’ of profitability in FY2025
PRIVATE cord-blood bank Cordlife expects to post a loss for the 2024 fiscal year due to the financial fallout from lapses discovered in the storage of its cord-blood units...
STI’s new high: A narrow group of companies unlocking value, lifting profitability has driven the run
GIC shouldn’t allocate funds to ‘pump-prime’ the market; another vehicle should be formed to seize the economic benefits of a more vibrant local market ecosystemThe Straits Times Index (STI)...
Rajinder Singh Mann: Balancing Profitability and Sustainability in Vancouver’s Real Estate Market
As we usher in 2025, many aspiring investors are inspired by Rajinder's achievements in the real estate business where he has advised many outshining investors to make sound decisions...
Singapore investors think AI investments boost companies’ productivity, profitability: PwC survey
SINGAPORE investors think technological advances will be the most significant driver of change for the businesses they invest in – ahead of factors such as government regulation, geopolitics, supply...
Rivian says lower-cost second generation EVs to help in push for profitability
MATERIAL cost of Rivian’s second-generation R1 electric SUVs and pickups will be 20 per cent lower than the current version, CEO RJ Scaringe said on Thursday (Jun 27), after...
Walmart to shut all health centers in US over lack of profitability
WALMART plans to close all 51 of its health centres across five states in the US as well as its telehealth operations, the company said on Tuesday (Apr 30),...