Business
OUE to book net loss for FY2025 on China exposure, impairment loss
It owns 29.07% of an investee company whose business is adversely impacted by the slowdown of the property market in China OUE is expected…
Tag
impairment
Business
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…
Business
Marco Polo Marine H2 profit quadruples 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…
Business
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…
Unsorted
Analysts mixed on ST Engineering amid impairment from iDirect; CGS International upgrades to ‘add’
Analysts are mixed on ST Engineering – in the wake of the non-cash impairment of S$667 million incurred by the group on its satellite…
Business
Sri Trang Gloves Q3 loss widens to 106 million baht on impairment, derivative losses
The steeper net loss comes as its top line decreases 5.6% year on year to 6.1 billion baht, even as sales volume rises Sri Trang Gloves’…
Unsorted
Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarter Volvo Car posted a US$1.03 billion operating loss in…
Business
GlobalFoundries sinks into the red with US$730 million Q4 loss due to impairment charge
GLOBALFOUNDRIES, which operates a wafer plant in Singapore, sunk into the red with a net loss of US$730 million for its fourth quarter…