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 revenue and higher costs. In a regulatory filing…
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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 driven by “robust activity” in the new private…
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 year-on-year dip in its net profit to S$99.2 million for the…
Hong Leong Finance H1 net profit down 38.7% to S$32.2 million on compressed net interest margins
Hong Leong Finance posted a 38.7 per cent year-on-year fall in net profit to S$32.2 million for the six months ended Jun 30, 2025. This was driven by compressed net interest margins, at…
SGX H2 net profit dips 2.6% to S$308 million
The group is working with the Monetary Authority of Singapore and key ecosystem partners to boost the competitiveness of the Singapore equities market Singapore Exchange (SGX) announced on…
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 38 per cent from S$118.2 million to S$73.9…
UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported
Shares of UOB fell by more than 2 per cent on Thursday (Aug 7), on the back of the local bank’s second-quarter results, which saw a 6 per cent year-on-year decline in its net profit of…
Straits Trading expects to swing to net loss for H1
But its overall financial position remains healthy with sufficient liquidity to meet its operational and financial commitments, says the group The Straits Trading Company is expected to…
iFast books S$50.3 million net institutional inflow in five sessions
Over the five trading sessions from Jul 25 to 31, institutions were net sellers of Singapore stocks. The net institutional outflow of S$351 million was a reversal from the S$334 million…
Trump’s Truth Social Parent Company Posts $20 Million Loss on $883,300 in Net Sales for Q2, Ends Quarter With $3.1 Billion in Assets
Trump Media & Technology Group, the parent company of Truth Social that is majority-owned by President Donald Trump, posted earnings results for the second quarter of 2025. The company…
Indofood Agri Resources’ H1 net profit up 13.4% at 337.8 billion rupiah amid higher commodity prices
Indofood Agri Resources on Friday (Aug 1) posted a 13.4 per cent rise in net profit to 337.8 billion rupiah (S$26.6 million) for its first half ended June, from 297.9 billion rupiah in the…
StanChart CEO says ‘shame on’ big banks quitting net zero group
The chief executive officer of Standard Chartered, Bill Winters, has some strong words for banks that have recently walked back their commitment to achieving net zero emissions. “Shame on…
Sheng Siong H1 net profit rises 3.5% to S$72.3 million on improved sales mix
Supermarket operator Sheng Siong reported a 3.5 per cent increase in H1 2025 net profit to S$72.3 million, from S$69.9 million in H1 2024 on Wednesday (Jul 30). Revenue for the period grew…
AstraZeneca quarterly net profit jumps on record US growth
British pharmaceutical giant AstraZeneca on Tuesday (Jul 29) said net profit rose 27 per cent in the second quarter, boosted by record growth in its key US market. Profit after…
Keppel Infrastructure Trust back in black with S$60 million H1 net profit
Keppel Infrastructure Trust (KIT) swung back into the black with a net profit of around S$60 million for its first half ended Jun 30, compared with a net loss of S$23.9 million in the…
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the corresponding quarter a year ago. This was due to…
iFast surges 11.3% after strong Q2 net profit
Shares of iFast surged just minutes after market open on Monday (Jul 28), after the digital bank and wealth management platform reported a strong second-quarter net profit on Friday. The…
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June to S$22.1 million, from S$16 million in the…
First half net profit plunges 22% at French luxury group LVMH
French luxury group LVMH saw net profit plummet 22 per cent in the first half of 2025, the company announced on Thursday, blaming the plunge on an “unsettled economic and geopolitical”…
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly, revenue declined by 50.3 per cent to S$185.4…
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first quarter ended Jun 30, up 29.2 per cent from S$33.2…
Industrials take sector lead in 2025 net institutional inflow
Over the five trading sessions from Jul 4 to 10, institutions were net buyers of Singapore stocks, with net institutional inflow of S$94 million adding to the S$184 million net inflow for…
Jack Ma-backed Ant to add Circle’s stablecoin to global net: sources
Jack Ma-backed Ant Group is working with Circle Internet Group to adopt its stablecoin on the Chinese fintech company’s blockchain platform, according to people familiar with the matter.…
Navigating the “Subversive Safety Net” in Venice Beach
The patina of “peace and love” belies the fact that Venice remains a highly policed public space, where “the rules of the game continued to change” for those on the margins, Orrico writes.…