OCBC Q3 profit flat at S$1.98 billion, beats expectations
OCBC’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 7). Net profit for the three months ended Sep 30,…
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profit
Thakral’s profit triples to S$19.5 million on divestment of Osaka property
Investment and lifestyle group Thakral Corporation’s net profit more than tripled to S$19.5 million for the third quarter ended Sep 30, up from about S$4.1 million in the previous…
Far East Orchard’s 9M profit more than doubles to S$37.6 million
Hospitality and student housing player Far East Orchard’s net profit more than doubled to S$37.6 million for the nine months ended Sep 30, up from S$16.9 million in the same period a year…
Genting Singapore Q3 net profit rises 19% to S$94.6 million amid higher VIP volume, win rate
Genting Singapore posted a 19 per cent year-on-year increase in net profit to S$94.6 million for the third quarter ended Sep 30, with improved VIP rolling volume and win rate contributing…
UOB’s S$885 million allowance build-up ‘prudent’ despite Q3 profit hit: analysts
UOB’s S$885 million move to shore up its allowances is a “prudent” step that brings its provision ratios in line with those of DBS and OCBC, analysts said, even as it resulted in a huge…
Nissan returns to operating profit in Q2
Nissan booked 51.5 billion yen (S$437.4 million) in operating profit for July-September Nissan Motor swung back to an operating profit in the second quarter on Thursday (Nov 6) reporting…
Maersk lifts full-year profit guidance range, posts Q3 profit above forecast
Shipping group AP Moller-Maersk on Thursday (Nov 6) reported third-quarter operating profit above expectations and raised the lower end of its full-year profit forecast. Maersk said…
Australia’s NAB CEO says housing is greatest societal challenge as bank books A$7.09 billion profit
NAB and the rest of Australia’s ‘Big Four’ banks rely heavily on the strength of the housing market National Australia Bank (NAB) chief executive Andrew Irvine said Australia needs to…
Commerzbank profit falls 7.9% in Q3, defying expectations for increase
Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, said on Thursday (Nov 6) that net profit fell 7.9 per cent in the third quarter, defying expectations for an…
Commerzbank Q3 profit unexpectedly falls 8% as higher tax rates, costs weigh
Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, reported an unexpected 7.9 per cent drop in third-quarter net profit on Thursday (Nov 6) as higher tax rates…
UOB Q3 net profit tumbles to S$443 million as it shores up pre-emptive general allowances
UOB’s net profit for the third quarter ended Sep 30, 2025, fell as the lender “pre-emptively set aside” additional allowances. Net profit for the quarter stood at S$443 million, down 72…
Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges
The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market Nippon Steel, Japan’s biggest steelmaker, said it expects to…
Toyota raises profit outlook, bets it can ride out tariffs
The world’s top-selling carmaker now expects operating profit of 3.4 trillion yen (S$28.9 billion) for the financial year to end-March Toyota raised its full-year profit forecast on…
BMW boosts profit margin for cars in third quarter
BMW reported an operating margin of 5.2% for its automotive unit in the July-to-September period German carmaker BMW posted a higher-than-forecast profit margin in its core car business in…
Hong Kong exchange profit jumps 56% on trading, IPO boom
The benchmark index has surged 29% driving stock and derivatives trading to records Hong Kong’s stock exchange reported another record quarter as trading and initial public offerings…
Saudi oil giant Aramco reports $26.9 billion profit in third quarter, beating expectations
Saudi oil giant Aramco reported Tuesday a $26.9 billion profit in the third quarter, down slightly from last year as global energy prices remain depressed over concerns of too much oil…
Uber misses on profit even as rideshare, delivery trips soar
The company says that adjusted Ebitda for the fourth quarter will be US$2.41 billion to US$2.51 billion Uber Technologies shares fell after the company posted a miss on third-quarter…
Pfizer boosts profit view as it battles for obesity startup
Pfizer raised its 2025 profit forecast for the second time this year, as ongoing cost cuts helped make up for slow sales growth that’s driving its battle for the obesity start up Metsera.…
SIA Engineering net profit up 13.5% to S$40.4 million for Q2 of FY2026
SIA Engineering had a 13.5 per cent improvement in net profit to S$40.4 million for the quarter ended September, as the increase in revenue outpaced that in expenditure, and contributions…
SIA Engineering Q2 net profit up 13.5% at S$40.4 million
Its rise in revenue outpaced that of its rise in expenditure; contributions from associated and joint-venture companies also increased SIA Engineering had a 13.5 per cent improvement in…
BP profit beats expectations, helped by refining margins
It made an underlying replacement cost profit, or adjusted net income, of US$2.21 billion Oil major BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday…
Aramco profit beats estimates in first sign of easing pressure
Net income adjusted for one-time items rose 0.8% to US$28 billion in the third quarter from a year earlier Saudi Aramco reported profit that beat analysts’ estimates as a boost in…
Grab reports Q3 earnings of US$37 million on positive operating profit
Ride-hailing giant Grab posted third-quarter 2025 earnings of US$37million on Tuesday (Nov 4), up from US$26 million in the previous corresponding period. This was primarily due to…
India’s Bharti Airtel posts surge in quarterly profit as higher-paying users grow
Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its sixth straight quarterly profit rise on Monday (Nov 3), as users upgraded to higher-margin 4G and 5G…