Sales
Yangzijiang Shipbuilding H1 profit rises 77% to 3.1 billion yuan on robust sales, production revenue
Yangzijiang Shipbuilding on Monday (Aug 12) posted a net profit of 3.1 billion yuan (S$553.7 million) for the six months ended Jun 30, an increase of 77.2 per cent...
UMS Q2 profit falls 20% to S$9.3 million on softer sales
UMS Holdings posted a 20 per cent drop in net profit to S$9.3 million for its second quarter ended Jun 30, 2024, from S$11.6 million in the previous corresponding...
TSMC sales grow 45% in July on strong AI chip demand
TAIWAN Semiconductor Manufacturing Co’s (TSMC) revenue rose 45 per cent in July, accelerating its pace of growth from the June quarter and bolstering hopes for sustained strong demand for...
Delta sees US$380 million in lost sales from system breakdown
DELTA Air Lines expects US$380 million in lost revenue this quarter from the CrowdStrike Holdings technology outage that forced the carrier to cancel thousands of flights last month.The sales...
Burger King owner’s sales hurt by deepening restaurant slump
RESTAURANT Brands International’s sales grew less than anticipated in the second quarter, the latest sign of consumer malaise hitting restaurants.
The company missed estimates for sales growth at restaurants open...
China auto market hits milestone as EVs, hybrids make up half of July sales
HALF of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the...
Tokyo Electron ups forecast after AI demand helps sales beat
TOKYO Electron raised its profit forecast for the fiscal year to March after reporting a better-than-expected surge in sales.
The Japanese provider of semiconductor-patterning systems said it sees operating profit...
Honda Q1 profit jumps 23%, helped by hybrid vehicle sales
JAPAN’S Honda Motor reported a 23 per cent increase in first-quarter profit on Wednesday (Aug 7) as the automaker benefited from a weaker yen, higher pricing and growing hybrid...
