Business
LG Energy Solution Q3 profit likely up 34% on US EV sales rush
The company has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, as the US automaker looks to reduce…
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profit
Business
Australia’s central bank swings to A$11 billion profit, again skips paying dividend to government
Australia’s central bank swung to an accounting profit last financial year on lower bond yields and a depreciating currency, though it…
Business
ByteDance to get about 50% of TikTok US profit under Trump deal: sources
TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority…
Business
IHH Healthcare Q2 net profit falls 28.9% on higher staff costs
Integrated healthcare provider IHH Healthcare posted a 28.9 per cent drop in net profit to RM443 million (S$134.7 million) for its second…
Business
Jack Ma-backed Ant’s profit dives 60% after AI, global expansion
ANT Group’s quarterly profit fell 60 per cent, after the Chinese digital payments giant made more inroads overseas and invested in…
Business
Malaysia's Petronas says it will undergo 'strategic transformation' as H1 profit falls
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) said on Friday (Aug 29) that it was undergoing a ‘strategic transformation’…
Business
Chinese banks face profit squeeze as loan growth falters
Top Chinese banks’ first-half results on Friday (Aug 29) will underline the impact of slowing loan growth in a deflationary economy, a…
Business
GuocoLand falls by nearly 3% after reporting slump in H2 net profit to S$32.4 million
Shares of GuocoLand tumbled by close to 3 per cent on Friday (Aug 29) morning, following the announcement of its net profit for the second…
Business
GuocoLand’s H2 net profit falls 48% as China losses offset Singapore growth
Property developer GuocoLand posted a 48 per cent drop in net profit to S$32.4 million for its half year ended Jun 30, from S$62.4 million…
Business
Australian grocer Woolworths posts 19% drop in annual profit
RALIA’S Woolworths Group reported a 19 per cent drop in its full-year underlying profit on Wednesday, as lower spending by customers…
Business
Sats rises 5.7% to three-week high on Q1 profit growth
Shares of ground handler and in-flight caterer Sats climbed in early trade on Thursday (Aug 21), a day after the group posted higher…
Business
Sats grows Q1 profit 9.1% to S$70.9 million with higher cargo, food service volumes
AIRLINE caterer Sats grew its Q1 earnings 9.1 per cent year on year to S$70.9 million for the first quarter ended Jun 30, 2025, boosted by…
Business
Investors chase CNMC Goldmine to new high on record profit, trebled dividend
Shares of CNMC Goldmine soared more than 10 per cent on Friday (Aug 15) afternoonafter the gold producer posted record first-half earnings…
Business
ST Engineering price targets raised by analysts after strong H1 net profit
The price target for ST Engineering was raised by multiple analysts on Friday (Aug 15) after it reported a strong financial performance in…
Business
Yanlord Land back in the black with H1 net profit of 379.2 million yuan
Yanlord Land recorded a net profit of 379.2 million yuan (S$67.8 million) for the first half of 2025, reversing from a net loss of 486…
Business
Ho Bee Land H1 net profit increases over four times to S$49.8 million
Ho Bee Land recorded a net profit of S$49.8 million in the first half of the year, a more than 400 per cent increase from S$8.8 million in…
Business
Golden Agri-Resources’ H1 net profit rises 56.5% to US$160.3 million
Golden Agri-Resources recorded a net profit of US$160.3 million for the first half of 2025, a 56.5 per cent jump from the year-ago period,…
Business
Telstra logs higher annual profit, announces A$1 billion buyback
Australian telecom firm Telstra Group forecast higher operating earnings for fiscal 2026 and reported a 31 per cent rise in its fiscal…
Business
Delfi H1 net profit down 37.7% to US$12.2 million on softer performance in Indonesia
Delfi posted a 37.7 per cent drop in net profit to US$12.2 million for its first half ended Jun 30, 2025, from US$19.6 million in the…
Business
Valuemax H1 net profit up 35.5% at S$48 million
It attributes improvement to robust performance across all its core business segments – pawnbroking, moneylending, gold and jewellery…
Business
QAF H1 net profit drops by 69% to S$3.9 million
QAF posted a drop of 69 per cent in its net profit to S$3.9 million for the half-year of FY2025 ended June, impacted by a marginal dip in…
Business
Apac Realty’s H1 net profit more than doubles to S$11.3 million on higher home sales
Real estate services player Apac Realty’s net profit more than doubled to S$11.3 million for its first half ended Jun 30, 2025. This was…
Business
UOB-Kay Hian posts 12.9% lower net profit for H1
Earnings per share for the half-year fell to S$0.106, from S$0.1264 in the year-ago period UOB-KAY Hian posted a 12.9 per cent…
Business
Centurion H1 net profit falls 38% to S$73.9 million on net fair value loss
Centurion Corporation, a provider of purpose-built dormitories for workers and students, saw its first half-year of FY2025 net profit drop…