Sales
Best World Q4 net profit drops 15.2% to S$40.4 million on China’s sales decline, rising distribution costs
BEST World International posted a 15.2 per cent drop in net profit to S$40.4 million for the three months ended Dec 31, 2023, from S$47.7 million in the corresponding...
Delfi H2 net profit down 14.1%; special dividend proposed on rising confidence, strong net sales
CHOCOLATE confectionery company Delfi on Tuesday (Feb 27) posted a net profit of US$21.1 million for the six months ended Dec 31, 2023, marking a 14.1 per cent decrease...
US retailer Macy’s forecasts annual sales below estimates, to shutter 150 stores
MACY’S forecast annual sales largely below market expectations on Tuesday (Feb 27) on weak demand for its apparel and shoes, and said it would close 150 stores through 2026...
US corporate bond sales hit US$153 billion in February record
BLUE-CHIP companies in the United States sold a record US$172 billion of bonds in February after falling yields spurred investors to buy debt and pushed companies to take advantage...
Zoom gains after sales top estimates on enterprise customers
ZOOM Video Communications reported quarterly sales and profit that topped analysts’ estimates, a sign that corporate customers are sticking with the software company. The shares gained more than 10...
Smartphone makers bet on AI to revive sales
SMARTPHONE makers are packing their latest devices with flashy new artificial intelligence tools such as real-time voice translation and advanced photo editing in efforts to reignite consumer demand. The...
Haw Par H2 profit surges 58.1 per cent to S$112.4 million on strong recovery of healthcare sales
MAKER of Singapore’s famous Tiger Balm ointment Haw Par Corporation posted a net profit of S$112.4 million for the six months ended Dec 31, 2023, a 58.1 per cent...
Japan’s Asahi eyes overseas M&A to quadruple sales of Super Dry beer
JAPAN’S Asahi Group Holdings is on the hunt for acquisition targets in the United States and elsewhere to quadruple overseas sales of its flagship Super Dry beer by 2030,...
