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Samsung Electronics’ profit shrank more than expected after encountering hiccups in plans to sell cutting-edge artificial intelligence (AI) memory to Nvidia. South Korea’s largest company…
South Korea’s LG Energy Solution (LGES), an electric car battery supplier for General Motors and Tesla, on Monday (Jul 7) estimated a 152 per cent rise in its quarterly operating…
Business performance is affected by increased operating costs, unfavourable foreign exchange movements, and a higher non-cash impairment of its investment in its joint venture Food…
Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended May, 31 per cent down from a profit of RM50.7…
Nomura Holdings more than doubled Kentaro Okuda’s pay last year, rewarding the chief executive officer for guiding Japan’s largest brokerage to a record annual profit. Okuda’s compensation…
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter ended Mar 31, reversing a net loss of US$4.5 million…
TRAFIGURA Group warned that market volatility may not translate to opportunities for its traders, as the commodity giant reported first-half results that showed its dividend payments…
Manufacturing-service provider Grand Venture Technology (GVT) on Tuesday (Jun 3) posted a first-quarter net profit after tax of S$2.6 million for the three months ended Mar 31, up 27.7 per…
Temasek’s Mapletree Investments reversed a loss from the previous year to turn a profit of S$227.2 million for the full-year ended Mar 31, on the back of narrowed overall revaluation…
Livingstone Health Holdings Limited booked a net profit of S$0.4 million for the second half-year ended Mar 31, a reversal of the net loss of S$2.9 million in the year-ago period. The…
Integrated healthcare operator IHH Healthcare on Thursday (May 29) posted a 33 per cent fall in net profit to RM514 million (S$156.3 million) for its first quarter ended Mar 31, from RM768…
HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings forecast, pointing towards a weaker economy and…
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as its domestic platform suffered from intense local competition and…
Electronics manufacturing services provider Valuetronics on Wednesday (May 28) posted net profit of HK$79.9 million (S$13.1 million), up 3.1 per cent from HK$77.4 million in the same…
Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024 increased 58 per cent to S$59.1 million compared to the year-ago period. This came…
Maybank’s net profit for the quarter ended Mar 31, 2025, increased 4 per cent to RM2.6 billion (S$790 million), up from RM2.5 billion in the previous corresponding period. Earnings per…
The company controls nearly 70% of China’s delivery market, but rising competition could drive up costs and squeeze margins, analysts say China’s leading food delivery group…
The Hour Glass has reported a 6 per cent drop in net profit to S$74.4 million in the six months ended March 2025, from S$79.5 million in the year-ago period. Revenue was at S$622.6…
In-flight caterer Sats on Friday (May 23) reported net profit of S$38.7 million for the three months ended Mar 31, 2025, gaining 18.3 per cent from S$32.7 million in the corresponding…
Changi Airport Group (CAG) saw its net profit almost double to S$841 million for the full year ended Mar 31, up from S$431 million in the year-ago period. The 95 per cent rise in net…
China’s Lenovo, the world’s largest personal computer manufacturer, on Thursday reported a worse-than-expected 64 per cent fall in fourth-quarter profit, which it said was mostly…
Singtel returned to the black with a net profit of S$2.8 billion for its second half ended March 2025, compared with a net loss of S$1.3 billion for the previous corresponding period. This…
Yoma Strategic Holdings posted a 12.4 per cent decline in net profit for the second half-year ended Mar 31 to US$18.3 million, from US$20.9 million in the same period last year. This was…
Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit slid…
