Business
Alibaba revenue beats estimates as signs of a comeback mount
ALIBABA Group Holding posted its fastest pace of revenue growth in more than a year, reflecting a turnaround in its commerce business and…
Tag
Revenue
Politics
With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue
Anyone who wants to keep up with President Trump’s views knows to go to his Truth Social account. There, one finds his reasoning on a…
Business
Money Talk: Why Revenue Doesn't Equal Profit
When you’re running a business, it might seem like revenue is the ultimate goal. After all, more money coming in means you’re doing well,…
Business
ThaiBev Q1 revenue up 2.4% to 92.3 billion baht
Improvement driven by stronger sales of beer, non-alcoholic beverages and food segments THAI Beverage on Thursday (Feb 13) reported that…
Business
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
CISCO Systems raised its annual revenue forecast on Wednesday (Feb 12), betting on higher demand for its cloud networking gear amid an…
Business
Robinhood revenue doubles, fuelled by surge in crypto trading
ROBINHOOD Markets reported revenue that more than doubled as the online-trading firm was buoyed by crypto-market transactions around the…
Business
Coca-Cola posts surprise revenue jump on higher prices, steady demand
It’s focused on capturing demand in emerging markets such as India and expanding its portfolio in North America Coca-Cola posted a…
Business
Frasers Property registers S$1 billion in pre-sold revenue as at end-2024; net gearing at 86.4%
FRASERS Property registered S$1 billion in pre-sold revenue across Singapore, Australia, Thailand and China as at Dec 31, 2024, its…
Business
SGX’s H1 net profit rises 20.7% to S$340 million following high growth in all revenue segments
THE Singapore Exchange (SGX) on Thursday (Feb 6) posted a net profit of S$340 million for the first half ended December, up 20.7 per cent…
Business
Huawei chairman says 2024 revenue exceeded 860 billion yuan
HUAWEI’S chairman said on Wednesday (Feb 5) that the tech company’s annual revenue exceeded 860 billion yuan (S$159.6 billion) last year,…
Business
Infineon more positive on revenue outlook after Q1 stronger than expected
It expects revenue for the fiscal year until end-September 2025 to be flat to slightly up compared with the prior year German chipmaker…
Business
Higher casino takings drive MBS’ revenue for Q4 2024
MARINA Bay Sands (MBS) posted a 7.2 per cent rise in net revenue to US$1.14 billion for the fourth quarter ended Dec 31, 2024 amid ongoing…
Business
Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales
After Apple unveiled artificial intelligence features for iPhones last year, the company’s stock soared in anticipation that the new…
Business
Intel’s quarterly revenue tops expectations as investors await new CEO
INTEL on Thursday posted December-quarter results that beat analysts’ low expectations, while its forecast for current-quarter revenue…
Business
Meta warns first-quarter revenue will miss Wall Street expectations
META Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday (Jan 29) but the company predicted sales in the current…
Business
Wolfspeed beats Q2 revenue as business transition takes hold
CHIPMAKER Wolfspeed topped Wall Street estimates for second-quarter revenue and reported a smaller-than-expected net loss on Wednesday…
Business
Japan Foods warns of loss for 9-month period amid lower revenue, higher expenses
This was mainly due to weak sales in November and December 2024, despite a higher number of operating outlets JAPAN Foods expects to…
Business
Hyundai Motor forecasts slowing revenue growth in 2025 after Q4 miss
SOUTH Korea’s Hyundai Motor expected on Thursday (Jan 23) its 2025 sales growth would halve due to softening vehicle demand and rising…
Business
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US…
Politics
Trump Pitches External Revenue Service to Collect Tariffs: What to Know
President Trump has promised to generate a “massive” amount of revenue with tariffs on foreign products, an amount so big that the…
Business
Marco Polo Marine responds to Sias on why it increased wages, bonuses despite revenue drop
INTEGRATED marine logistics company Marco Polo Marine said that the increase in its wages, salaries and bonuses in FY2024 was “in line…
Business
Marco Polo Marine responds to Sias on why it raised wages, bonuses despite revenue drop
INTEGRATED marine logistics company Marco Polo Marine said that the increase in its wages, salaries and bonuses in FY2024 was “in line…
Business
Goldman rakes in record wealth revenue from ultra-rich in Asia
GOLDMAN Sachs’s revenue from its Asia-Pacific wealth unit hit a record last year as ultra-rich clients turned to the bank to navigate…
Politics
What Is External Revenue Service and How Will It Operate? Trump Announces Powerful New Department to Collect Billions in Foreign Tariff
Donald Trump announced on Tuesday the creation of a new government agency designed to generate billions in taxes and tariffs from foreign…