ST Engineering expects positive H2 net profit
ST Engineering on Tuesday (Dec 30) said that it expects to report a positive net profit for the second half of 2025, after considering all the one-off effects for the half-year period.…
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profit
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024 THE standoff between China and Japan threatens to exacerbate a seasonally weak…
TikTok owner ByteDance on track for US$50 billion profit in 2025
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major inroads into e-commerce and new markets. The…
FedEx posts higher quarterly results, raises low end of full-year profit forecast
It lifted its 2026 revenue outlook, calling for 5 to 6 per cent year-over-year growth FEDEX posted higher second-quarter profit and revenue on Thursday and lifted the low end of its…
Micron surges as global memory chip shortage boosts profit forecast
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold MICRON Technology shares rose nearly 14 per cent in premarket trading on Thursday (Dec 18),…
Top Glove Q1 profit surges more than 600% as costs fall
The glove maker reports a drop in operating expenses to RM842.9 million for the quarter Malaysian glove maker Top Glove on Wednesday (Dec 17) reported a 605 per cent jump in net profit for…
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales Pfizer on Tuesday (Dec 16) forecast 2026 profit below Wall Street estimates as it…
Apac airlines to increase net profit by 6.5% to US$6.6 billion in 2026: Iata
Asia-Pacific airlines are projected to record US$6.6 billion of net profit in 2026, up from S$6.2 billion in 2025, the International Air Transport Association (Iata) said in a media…
Marco Polo Marine shares rise 7.5% on H2 profit surge
For the full year, net profit surges 169.7% to S$58.5 million, from S$21.7 million the year before Shares of Marco Polo Marine climbed 7.5 per cent or S$0.009 to S$0.129 after the market…
Marco Polo Marine H2 profit quadruples to S$47.9m on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains Marco Polo Marine posted on Saturday (Nov 29) a nearly four times rise (348 per cent)…
Marco Polo Marine H2 profit jumps over 4 times to S$47.9 million on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains Marco Polo Marine posted on Saturday (Nov 29) a more than four times, or 348 per cent…
CIMB Q3 profit up 2.3% at RM2.08 billion
CIMB’s net profit for the third quarter ended Sep 30 rose 2.3 per cent to RM2.08 billion (S$653.5 million) from RM2.03 billion in the year-ago period, the company said on Friday (Nov 28).…
Fair value losses drag LHN H2 net profit down 82.7% to S$5.9 million
Property player LHN group posted a net profit of S$5.9 million for the half-year ended Sep 30, 2025, down 82.7 per cent from S$34.3 million in the year-ago period, on the back of fair…
Singapore Flyer operator Straco Q3 profit down 8% at S$10.7 million
Singapore Flyer operator Straco posted a net profit of S$10.7 million for its third quarter ended Sep 30, 8 per cent down from S$11.7 million in the year-ago period. Its revenue fell 13.4…
Snapchat is nearing 1 billion monthly users. Why can't it turn a profit?
Snapchat, an app whose disappearing messages and silly face filters made chatting with loved ones more casual, is close to a milestone that few social media platforms achieve: reaching 1…
IHH Healthcare’s Q3 net profit rises 15% to RM616 million
Revenue is up 16% at RM6.6 billion, on the back of strong performances from key markets Malaysia and India IHH Healthcare on Wednesday (Nov 26) posted a net profit of RM616 million…
Coliwoo reports 75.1 per cent fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million in the second half ended Sep 30, a 75.1 per cent drop from S$22.9 million in the year-ago period. Revenue for the group,…
Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million for the second half ended Sep 30, a 75.1 per cent drop from S$22.9 million for the year-ago period. Revenue for the group,…
ThaiBev’s full-year net profit falls 6.8% to 25.4 billion baht
Thai Beverage posted a 6.8 per cent drop in net profit to 25.4 billion baht (S$1.02 billion) for the full year ended Sep 30, 2025, from 27.2 billion a year earlier. In a bourse filing on…
Jack Ma-backed Ant’s profit grew 10% after AI, global expansion
Ant Group’s quarterly profit grew 10 per cent after the Chinese digital payments giant bolstered its artificial intelligence capacity via AI models, humanoid robots and health care. The…
Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore Marine logistics company Marco Polo Marine on Monday (Nov 24) said…
BRC Asia H2 profit falls 5% to S$52.2 million
Steel solutions provider BRC Asia reported a 5 per cent decrease in net profit for the second half of the year to S$52.2 million, from S$55 million in the year-ago period. Revenue rose 16…
Mandarin Oriental posts ‘stable’ underlying net profit for Q3
Hotel group Mandarin Oriental, which is undergoing a privatisation bid from its majority shareholder Jardine Matheson, posted a “stable” underlying net profit for the third quarter of 2025…
Maybank Q3 profit up 3.3% at RM2.62 billion
Maybank’s net profit for the third quarter ended Sep 30 rose 3.3 per cent to RM2.62 billion (S$828 million), from RM2.54 billion in the same period a year earlier, the company said on…