Business
Jefferies profit triples in sign dealmaking slump is ending
JEFFERIES Financial Group’s profit soared on a rebound in mergers and acquisitions (M&A ) and a surge in equity-trading revenue, signs…
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profit
Business
Samsung Q4 profit outlook misses estimates by large margin as chip issues drag
SAMSUNG Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as…
Business
Alibaba's supermarket Freshippo records 9 straight months of profit, CEO says
Freshippo, Alibaba Group Holding's grocery chain known as Hema in its home market, was profitable for nine straight months in 2024, the…
Business
Nio’s mass market push draws scorn as EV maker promises a profit
IT’S a wonder three little headlights can stir up such debate. But that’s what many netizens in China have been driven to comment on…
Business
Top Glove swings back to black with RM5.5 million Q1 net profit
GLOVE manufacturer Top Glove posted a net profit of RM5.5 million (S$1.7 million) for the first fiscal quarter ended November, reversing…
Business
Stamford Tyres H1 profit tumbles 75% to S$401,000 on increased expenses
Revenue falls 1.2 per cent to S$94.5 million but other expenses shoot up 80.3 per cent to S$2.9 million TYRE and wheel distributor…
Business
Stamford Tyres H1 profit tumbles 75.1% to S$401,000 on increased expenses
Revenue falls 1.2% to S$94.5 million but other expenses shoot up 89.6% to S$2.9 million TYRE and wheel distributor Stamford Tyres reported…
Business
Vibrant Group reverses into black with S$3.3 million H1 profit
The logistics company booked a loss of S$3.2 million in the previous corresponding period LOGISTICS company Vibrant Group has posted a net…
Business
Vibrant Group returns to black with S$3.3 million H1 profit
The logistics company booked a loss of S$3.2 million in the previous corresponding period LOGISTICS company Vibrant Group has posted a net…
Business
Panin Bank acquisition could add 2-3% to DBS’ or OCBC’s profit: RHB
Broker notes that a sale is attractive, given the scarcity of such deals and Jakarta-listed bank’s status as a mid-sized lender with total…
Business
Panin Bank acquisition could add 2-3% to DBS or OCBC profit: RHB
Broker notes that a sale is attractive, given the scarcity of such deals and Jakarta-listed bank’s status as a mid-sized lender with total…
Business
Del Monte Q2 net loss widens to US$22.2 million on subsidiary’s lower profit, higher interest expense
PHILIPPINE food-and-beverage manufacturer Del Monte Pacific on Wednesday (Dec 11) posted a net loss of US$22.2 million for the second…
Business
Alaska Airlines sees US$1 billion jump in profit after merger with Hawaiian Airlines
ALASKA Airlines on Tuesday unveiled a plan to generate US$1 billion in additional profits by 2027 by leveraging its acquisition of…
Business
GameStop reports third-quarter profit on spending cuts
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including…