Business
Trust Bank’s FY2024 loss narrows to S$93.4 million
Deposit balances double to S$3.8 billion, from S$1.9 billion a year ago, attributable to the launch of Trust+ Trust Bank on Friday (May…
Tag
FY2024
Business
InnoTek conducts buybacks following robust FY2024
Over the five trading sessions from Apr 17 to 24, institutions were net sellers of Singapore stocks, with net institutional outflow of…
Business
CDL group CEO Sherman Kwek gives up long-term incentive of S$1.35 million; total compensation for FY2024 down 15.4%
City Developments Ltd (CDL) group chief executive officer Sherman Kwek has voluntarily forgone his long-term incentive grant of S$1.35…
Business
Sheng Siong CEO Lim Hock Chee’s compensation for FY2024 up 20.6% at S$7.06 million
Supermarket operator Sheng Siong’s chief executive officer Lim Hock Chee received S$7.06 million in total compensation for FY2024, an…
Business
Sheng Siong CEO Lim Hock Chee’s compensation for FY2024 jumps 20.6% to S$7.06 million
Supermarket operator Sheng Siong’s chief executive officer Lim Hock Chee received S$7.06 million in total compensation for FY2024, an…
Business
PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
ESR Group warns of FY2024 loss on marked-to-market losses
Hong Kong-listed real asset manager ESR Group, the sponsor of Singapore Exchange-listed ESR Real Estate Investment Trust (ESR-Reit),…
Business
Prudential eyes growth in India as it posts 2% decline in new business profit for FY2024
New business profit in Singapore is up 15%, underpinned by 11% increase in annual premium equivalent sales Prudential is betting on India…
Business
China Everbright Water’s FY2024 profit falls 14% to HK$1 billion
CHINA Everbright Water’s net profit for the full year ended Dec 31 fell 14 per cent to HK$1 billion (S$175.5 million) from HK$1.2 billion…
Business
Wee Ee Cheong raises UOB stake after FY2024 record net profit
OVER the five trading sessions from Feb 14 to Feb 20, institutions were net sellers of Singapore stocks, leading to a net institutional…
Business
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…
Business
UOI’s net profit increases 10% to S$27 million in H2 FY2024
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$27 million for the second half of its 2024 fiscal year ended…
Business
Fu Yu warns of loss for FY2024 on non-cash impairments of S$4 million
Excluding these, the group expects to post an operating profit and an improvement in financial performance for the fiscal year…
News
QAF lifts guidance for FY2024
Improvement is attributed to better business performance and lower non-cash impairments of joint venture Source link
Business
LMIRT could fail to meet minimum interest coverage ratio for FY2024, expects no financial consequences
This is mainly due to non-operational accounting adjustments made to Ebitda and interest expenses in Q2 and Q3 LIPPO Malls Indonesia…
Business
Manulife US Reit to post FY2024 loss as its portfolio value falls 9.3%; divestment talks continue
THE portfolio value of Manulife US Real Estate Investment Trust (MUST) as at Dec 31, 2024 fell 9.3 per cent or US$116.6 million to US$1.1…
Business
Car dealer Tan Chong expects unrealised loss of HK$29 million for FY2024
TAN Chong International said on Wednesday (Jan 8) that it expects to record an unaudited unrealised loss of HK$29 million (S$5.1 million)…
Business
Soup Holdings expects to report loss for FY2024 on outlet closures, rising costs
Two newly opened outlets and a recently established central kitchen have underperformed SOUP Holdings expects to report a loss for the…