Airbus first-half profit climbs 85% to US$1.7 billion
European aerospace group Airbus posted an 85-per cent rise in first-half profit Wednesday to US$1.7 billion, even though it delivered fewer commercial planes compared with the same period…
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profit
Robinhood tops profit expectations as trading frenzy sweeps across asset classes
Robinhood Markets exceeded second-quarter profit estimates on Wednesday (Jul 30), driven by a massive surge in volumes as investors traded options, crypto and stocks. The strong results…
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…
Adidas Maintains Guidance After Q2 Sales, Operating Profit Increase
BERLIN – German sportswear giant Adidas continued its successful run in 2025, posting net sales of 5.95 billion euros in the second quarter and growth of 12 percent on a currency-adjusted…
Mercedes-Benz profit plunges on tariff, China woes
Premium German carmaker Mercedes-Benz said Wednesday (Jul 30) its second-quarter profit plunged nearly 70 per cent due to US tariffs and weak sales in China, prompting it to lower its…
Porsche cuts outlook as US tariffs, model revamp eat into profit
Porsche cut its outlook for the third time this year, with US President Donald Trump’s 15 per cent tariffs on European autos piling further pressure on the maker of 911 sports…
Rio Tinto posts smallest first-half profit in five years
It reported underlying earnings of US$4.81 billion for the six months ended June 30 Rio Tinto reported its smallest first-half underlying profit in five years on Wednesday (Jul…
UBS beats expectations with US$2.4 billion second-quarter profit
The firm expects trading and transactional activity to become more normalised in the quarter ahead said on Wednesday (Jul 30) that second-quarter profit more than doubled from…
UBS second-quarter profit doubles to $2.4 billion, beats estimates
UBS’ second-quarter profit more than doubled from a year earlier, comfortably ahead of expectations, as it joined other major banks in making the most of a surge in trading activity amid…
HSBC first-half profit falls 26%, misses estimates
— reported a 26 per cent slide in first-half pretax profit on Wednesday, missing analyst estimates, as impairments from its investment in…
HSBC first-half profit slumps 26% as China losses mount
HSBC Holdings reported a 26 per cent slide in first-half pretax profit on Wednesday (Jul 30), missing analyst estimates, as impairments from its investment in China’s Bank of…
Gucci owner Kering posts 46% profit slump before new CEO arrives
French luxury group Kering reported on Tuesday a 46 per cent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new…
Samudera Shipping H1 profit doubles to US$41.8 million
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9 million in the corresponding year-ago period. Revenue…
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of 2025 to S$8.6 million, from S$14.2 million in the…
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…
Nomura profit exceeds estimates on stock trading boom
Nomura Holdings’ profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fuelled earnings for Wall Street banks. Net income rose 52 per cent from a…
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a better-than-expected 23 per cent, the…
Analysts downgrade SIA, cut price targets amid lower Q1 profit, Air India losses
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profits plunged 58.8 per cent for its first quarter ended June. On…
SIA shares sink over 7% as analysts downgrade carrier on sharp Q1 profit drop
Analysts downgraded their calls on Singapore Airlines (SIA) and slashed price targets for the national carrier after its profit plunged 58.8 per cent for its first quarter ended June. The…
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…
Raffles Medical H1 profit rises 4.8% to S$32.1 million
Raffles Medical Group on Monday (Jul 28) posted a net profit of S$32.1 million for its first half ended Jun 30, up 4.8 per cent from S$30.6 million in the same period a year prior. This…
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…