Bukit Sembawang’s H1 FY2025 earnings surge to S$62.9m
PROPERTY developer Bukit Sembawang reported a 149 per cent surge in earnings to S$62.9 million for the first half of FY2025 ended Sep 30, from S$25.2 million the previous year. In a bourse…
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F&N FY2024 earnings rise 12.7% to S$150.2 million on higher revenue
BEVERAGE and publishing company Fraser and Neave (F&N) on Friday (Nov 8) announced a 12.7 per cent rise in net profit to S$150.2 million for the financial year ended Sep 30, from S$133.2…
Delivery Hero sees 2024 earnings at low end of previous forecast
DELIVERY Hero tempered profit expectations for the year, a sign of strain in the company’s strategic overhaul in the competitive food delivery market. The German firm reported…
Brokers’ take: RHB raises Sheng Siong price target to S$2 on earnings growth momentum
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price target represents a roughly 25 per cent upside…
Mastercard earnings top estimates as consumers keep spending
MASTERCARD reported profit that beat analysts’ estimates, helped by a boost in cross-border transactions. The company posted adjusted earnings per share of US$3.89 in the third quarter on…
Strong wealth segment likely to boost Q3 earnings at Singapore banks: analysts
They expect local lenders to continue posting stable results amid lower net interest margins STRONG wealth management fees are likely to have continued boosting earnings at the three local…
DHL cuts earnings outlook on weak B2B volumes
DHL cut its guidance for 2024 earnings before interest and taxes (Ebit) on Wednesday (Oct 30), citing continuously weak business-to-business mail volumes and lower-than-expected margins in…
US: Wall St subdued at open as investors weigh earnings, data
US stock indexes were subdued at the open on Wednesday (Oct 30), as investors assessed mixed earnings reports and data that showed the economy maintained a solid pace of growth in the…
US: Wall Street slips amid earnings deluge, rising Treasury yields
Wall Street opened lower on Tuesday (Oct 29) as investors assessed a host of corporate results and looked ahead to Google-parent Alphabet’s earnings later in the day, while gains in US…
KKR earnings surge 58%, joins half-trillion club in private markets race for scale
KKR & Co reported a third-quarter profit that beat Wall Street estimates as the alternative asset manager generated record transaction fees for its capital markets business. Adjusted net…
US: Wall St dips at the open as yields rise, earnings weigh
Wall Street’s main indexes opened lower on Wednesday (Oct 23), pressured by rising Treasury yields and as investors focused on earnings from companies including Coca-Cola, Boeing and…
GM results exceed Wall Street targets; company is upbeat on full-year earnings
General Motors continued to defy Wall Street’s expectations this year, posting third-quarter results ahead of analyst projections on the back of steady petrol-engine truck and SUV sales…
S-Reits announce their schedule for upcoming earnings season
AROUND three-quarters of real estate investment trusts (Reits) and property trusts in Singapore have confirmed the release dates for their financial results or business updates for their…
Jardine Matheson leads losses; STI closes flat ahead of earnings
SINGAPORE stocks fell minimally on Tuesday (Oct 15) ahead of earnings results, led by Jardine Matheson and its subsidiary DFI Retail Group, while Chinese stocks fell sharply amid a fading…
Europe: Stocks gain with rates outlook, earnings in focus
EUROPEAN stocks gained on Friday (Oct 11) as investors assessed the impact of hotter-than-expected US inflation data and the third-quarter earnings season kicked off. The Stoxx Europe 600…
US: Dow, S&P 500 rally to fresh records on bank earnings
THE Dow and S&P 500 rallied to fresh records Friday (Oct 12) behind solid bank earnings, adding to weekly gains as markets shrugged off mixed economic data. The Dow Jones Industrial…
Result preview: India Inc earnings, revenue growth in Q2 may stay muted
4 min read Last Updated : Oct 08 2024 | 12:02 AM IST Brokerages expect slower growth in industry’s volumes and revenue in July-September 2024 (Q2FY25). But they anticipate a pickup in…
ExxonMobil expects third-quarter earnings were hit by lower oil prices
A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major signalled in a regulatory filing published on Thursday…
Inbound tourists trail pandemic levels, but forex earnings up: Report
3 min read Last Updated : Sep 25 2024 | 5:56 PM IST Inbound tourism in the country is trailing the pandemic levels as foreign tourist arrivals (FTAs) in January-June this year stood at…