Business
Burberry Names William Jackson Chair in Year of Revenue, Profit Growth
LONDON – Burberry ended its 2026 fiscal year on a high, restoring retail sales to growth and naming a new chair, William Jackson, founder…
Tag
profit
Business
Santos to cut 10% jobs as growth projects near end, annual profit misses estimates
Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit on Wednesday (Feb 18), hurt by weak…
Business
National Australia Bank’s shares hit record high on robust first-quarter cash profit
Australia’s top business lender has posted cash earnings of A$2 billion for the quarter ended Dec 31 National Australia Bank’s (NAB)…
Business
Marco Polo Marine Q1 gross profit up 32% at S$14 million on fleet additions
Integrated marine logistics company Marco Polo Marine on Monday (Feb 16) posted revenue for its first quarter ended Dec 31, 2025, of…
Business
RHB downgrades StarHub to ‘sell’, Citi to ‘neutral’ as profit slides; DBS reviews rating
StarHub’s net profit of S$38.5 million for its second half is a 50.9% year-on-year drop Analysts on Friday (Feb 13) downgraded StarHub…
Business
iFast Q4 net profit rises more than 70% to S$32.9 million as banking operations turn profitable
Revenue for the quarter up 45.7% at S$151.7 million, driven by stronger contributions from ePension division Digital bank and wealth…
Business
BRC Asia reports S$27.3 million in Q1 net profit on sustained construction demand
Steel fabricator BRC Asia on Thursday (Feb 12) reported a net profit of S$27.3 million for the first quarter ended Dec 31, 2025. This…
Business
Lum Chang Creations H1 net profit more than doubles to S$11 million on strong operational performance
Newly listed Lum Chang Creations (LCC), the restoration and interior fit-out business of Lum Chang Holdings (LCH), recorded a net profit…
Business
Singtel Q3 net profit up 43.5% at S$1.9 billion on exceptional gain from Airtel stake sale
Optus is ‘continuing to invest in strengthening resilience’ after an independent review into the Triple Zero outage, says Singtel group…
Business
StarHub H2 net profit more than halves to S$38.5 million; guides lower earnings in FY2026
StarHub posted net profit of S$38.5 million for its second half ended Dec 31, 2025, a 50.9 per cent decline from S$78.4 million in the…
Business
Grab in black for first time as Q4 earnings drive full-year profit to US$268 million
Super app company announces US$500 million share buyback plan; acquires US-based digital financial services provider Stash Grab announced…
Business
ANZ Group cash profit jumps 17% as cost cuts take hold
The Australian bank said more than 60 per cent of the 3,500 job cuts it previously announced had taken place Group said on Thursday its…
Business
Societe Generale launches 1.5 billion euro buyback after profit beat estimates
The reacquisition follows two extraordinary share repurchase programmes launched in 2025, worth one billion euros each Societe Generale…
Business
EV maker Nio set to record first adjusted operating profit for Q4 FY2025
The turnaround is driven by ‘sustained growth’ in sales volume and a favourable product mix Electric vehicle manufacturer Nio expects to…
Business
BNP Paribas vows more cost cuts after profit tops forecast
BNP reported net income of 2.97 billion euros (S$4.46 billion) for the three months ending in December Paribas nudged up its 2028…
Business
Shell keeps buybacks steady as profit falls, misses expectations
It has a Q4 net profit of US$3.3 billion, dropping 11% from the year before amid lower oil prices Shell’s fourth-quarter net profit of…
Business
Sony lifts outlook after record quarterly profit, music and sensor units shine
The Japanese conglomerate also announces an expansion in its share buyback scheme — Japan’s Sony on Thursday (Feb 5) raised its full-year…
Business
Keppel rises 3.2% amid higher H2 net profit, Piyush Gupta’s appointment as chair-designate
Shares of Keppel rose on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced…
Business
Keppel up 4.5% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
Shares of Keppel rose on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced…
Business
Keppel up 5% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
Shares of Keppel rallied on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced…
Business
Keppel up 5.9% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
Shares of Keppel rallied on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced…
Business
Keppel closes up 6.1% at over-12-year high on profit growth, Piyush Gupta’s appointment as chair-designate
Shares of Keppel rallied on Thursday (Feb 5) after the asset manager posted a 27.2 per cent increase in second-half earnings and announced…
Business
Keppel H2 profit rises 27.2% to S$645.4 million; proposes special dividend of S$0.13 per share
Special dividend proposed given its strong progress in monetisation, says company Keppel posted a 27.2 per cent rise in net profit to…
Business
Keppel H2 profit from continuing operations rises 27.2% to S$645.4 million; proposes special dividend of S$0.13 per share
Special dividend proposed given its strong progress in monetisation, says company Keppel posted a net profit of S$645.4 million from its…