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Revenue for the quarter is up 14.5% at RM42.6 million amid stronger customer demand Malaysian retail group Duty Free International reported on Tuesday (Oct 7) a net profit of RM2.6 million…
TikTok’s Chinese parent company will likely get about half of the profit from the platform’s US operation even after it sells majority ownership to American investors as part of a deal…
Despite a verdict from the Indonesian Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines and a compensation of 11.9 trillion rupiah on…
The rise in earnings comes amid a boost in fee and commission income, as well as forex income Standard Chartered (StanChart) Singapore’s net profit climbed 12.4 per cent year on year to…
Canned-food brand Del Monte Pacific has returned to the black with a net profit of US$5.5 million for its first quarter ended Jul 31, 2025, compared with a net loss of US$36.7 million a…
This is due to higher sales from both the company’s domestic market in the Philippines and international markets Canned-food brand Del Monte Pacific has returned to the black with a net…
Thailand’s second-largest lender Kasikornbank abandoned a key earnings target on concerns that the already weak economy may deteriorate further, denting loan demand and increasing…
The fallout is becoming impossible to ignore in the fierce battle among Chinese carmakers. With BYD reporting a staggering 30 per cent plunge in quarterly profit last Friday (Aug 29), its…
Integrated healthcare provider IHH Healthcare posted a 28.9 per cent drop in net profit to RM443 million (S$134.7 million) for its second quarter ended Jun 30, 2025, from RM623 million in…
ANT Group’s quarterly profit fell 60 per cent, after the Chinese digital payments giant made more inroads overseas and invested in artificial intelligence (AI) to grow its revenue. The…
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) said on Friday (Aug 29) that it was undergoing a ‘strategic transformation’ to tackle operational challenges after reporting…
Top Chinese banks’ first-half results on Friday (Aug 29) will underline the impact of slowing loan growth in a deflationary economy, a piling up of bad loans as defaults by small…
Shares of GuocoLand tumbled by close to 3 per cent on Friday (Aug 29) morning following the announcement of its net profit for the second-half ended Jun 30 falling 48 per cent to S$32.4…
The board declares an interim dividend of HK$0.05 per ordinary share, unchanged from H1 2024 Hotel group Shangri-La Asia posted a net profit of US$57.9 million for the first half ended Jun…
Property developer GuocoLand posted a 48 per cent drop in net profit to S$32.4 million for its half year ended Jun 30, from S$62.4 million in the corresponding period a year ago. This…
— RALIA’S Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also…
The airline has been hamstrung by groundings due to extra maintenance on Pratt & Whitney and Rolls-Royce engines worldwide, and at one stage had 11 jets out of service in late 2024 …
AUSTRALIAN carrier Qantas Airways on Thursday posted its second-best annual underlying earnings and announced the highest full-year dividend payout in 17 years, as profits are bolstered by…
HP gave a profit outlook for the current quarter that may beat expectations, showing firming demand for computers and interest in new machines that can run the latest artificial…
Automotive group Tan Chong International posted a net profit of HK$11.7 million (S$1.9 million) for the first half ended Jun 30, reversing a net loss of HK$35.9 million from the same…
China’s leading food delivery group Meituan, reported on Wednesday (Aug 27) a fall of 89 per cent in second-quarter adjusted net profit as it looks to stave off rising competition in the…
Australian media giant Nine Entertainment Co. Holdings Limited posted revenue of AUD2.7 billion ($1.75 billion) and a net profit after tax of AUD133 million ($86.3 million) for the 12…
The growth is supported by higher annual premium equivalent sales and margin expansion Prudential on Wednesday (Aug 27) announced that its new business profit – a measure of profitability…
Prudential on Wednesday (Aug 27) announced that its new business profit – a measure of profitability for insurance businesses – rose to US$1.26 billion for its first half ended Jun 30.…
