DBS, UOB, OCBC’s Q1 outperformance lifts optimism for 2024 profits
THE chief executives of the three local banks – DBS, UOB and OCBC – were noticeably more optimistic at their ...
Tag: Profits
BP profits drop to US$2.7 billion, refinery outage offsets higher output
BP reported on Tuesday (May 7) first-quarter earnings of US$2.7 billion, down 40 per cent from a year earlier and ...
Weight-loss drugmaker Novo Nordisk’s profits soar further
Danish pharmaceutical giant Novo Nordisk reported more soaring profits on Thursday (May 2) thanks to the popularity of anti-diabetes and ...
Samsung says Q1 operating profits soar nearly tenfold on-year
SAMSUNG Electronics said on Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year - a 931.8 per cent ...
Meta profits soar but costs of AI cause worry
FACEBOOK-OWNER Meta on Wednesday (Apr 24) said its quarterly profits soared last quarter, but worries about the cost of artificial ...
Lloyds bank says quarterly profits sink on higher costs
BRITAIN’S Lloyds Banking Group said on Wednesday (Apr 24) that net profit sank by almost a third in the first ...
Tesla profits tumble but shares rise on new vehicle plan
TESLA reported a big drop in quarterly profits on Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied ...
Spotify profits up, but lower marketing hits user growth
SPOTIFY’S quarterly gross profit topped one billion euros (S$1.5 billion) for the first time after it reined in marketing spending, ...
ASML profits, bookings down amid China chip spat
DUTCH tech giant ASML, which supplies chip-making machines to the semiconductor industry, on Wednesday (Apr 17) reported a drop in ...
Record bond-sale spree fuels profits for Goldman, Citi, JPMorgan
BANKS are getting an earnings boost from underwriting fees as companies sell debt in the US at a record pace.The ...
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