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Fibre network provider NetLink NBN Trust on Monday (Nov 3) posted a 10.2 per cent drop in net profit to S$43.5 million for the half-year ended Sep 30, from S$48.5 million in the previous…
Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in…
ExxonMobil beat Wall Street estimates for third-quarter earnings on Friday (Oct 31), underpinned by higher oil and gas production in Guyana and the Permian Basin which offset lower oil…
Australia’s ANZ warned on Friday that its earnings would take a hit of A$1.11 billion (S$937.5 million) after tax in the second half of fiscal 2025 due to charges related to restructuring,…
Toyota plans to launch 15 new and refreshed models in India by the end of the decade while deepening its rural network, sources said, as record profits in the country make the market…
China’s three biggest airlines posted their first collective quarterly profit in a year in the third quarter on the back of the peak summer season, but the recovery could be fleeting as…
Mastercard reported a jump in third-quarter profit on Thursday (Oct 30), as sustained consumer spending boosted payment volumes on its networks. Consumer spending has proven resilient,…
Fox Corporation said profit in its first fiscal quarter fell due to higher operating expenses, even as overall revenue rose 5% or $174 million, tied to increased cash from advertising and…
Net profit hits 7.8 billion yuan as revenue slips 3.1%, marking first decline in five years — Chinese electric vehicle maker BYD posted a 32.6…
The consecutive quarterly profit fall comes amid intensifying competition at home market — Chinese electric vehicle maker BYD’s third-quarter…
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results Singapore-based agribusiness group Wilmar International posted a net loss of US$347.7 million for the…
The performance is largely a result of the bank’s wealth management unit and global banking STANDARD Chartered lifted its income and returns outlook as it reported third-quarter profit…
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell posted third-quarter profit that beat analyst estimates, helped by a rebound in…
Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30. The insurance company also announced the departure…
Memory chip business is a key pillar of the company’s empire, which spans smartphones and home appliances Samsung Electronics’ semiconductor arm reported a stronger-than-expected rise in…
Growth is driven by robust results from shareholders’ fund segment, which is up 45% on the year for the nine months ended Sep 30 Insurer Great Eastern on Thursday (Oct 30) posted a net…
Meta recorded a nearly $16 billion onetime charge in the third quarter related to President Donald Trump’s so-called big beautiful bill, and said its capital expenditure next year would be…
UBS Group profit beat expectations in the third quarter as investment banking revenue and lower-than-forecast legal costs boosted performance. The Zurich-based bank said net income was…
It is 2% lower on a same-store basis after excluding acquisitions and divestments CapitaLand Ascott Trust’s (Clas) gross profit rose 1 per cent year on year for the third fiscal quarter…
VF Corp. is progressing on its turnaround plan, besting Wall Street’s expectations in the second quarter. For the second quarter ended Sept. 27, VF posted net income of $189.8 million, or…
United Parcel Service (UPS) smashed Wall Street’s third-quarter profit expectations, sending its shares soaring and fuelling confidence in the courier’s comeback plans. The company also…
Bank of China reported a 5 per cent increase in third-quarter profit, as the lender managed to stabilise its net interest margin despite mounting challenges from weakening credit demand.…
Net income climbed to 132.9 billion yuan (S$24.2 billion), from 119.2 billion yuan a year earlier Ping An Insurance (Group) said profit rose 11.5 per cent in the first nine months of this…
Stubbornly cheap international air fares for Chinese travellers are hurting attempts by the country’s biggest carriers to claw their way back to profitability. Ticket prices have lingered…
