Business
Deutsche Bank posts better-than-expected Q2 profit
Deutsche Bank returned to a better-than-expected profit in the second quarter from a year ago despite mixed results at its global…
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profit
Business
Deutsche Bank beats profit expectations despite deal slump, strong euro
Deutsche Bank returned to a better-than-expected profit in the second quarter from a loss a year ago as trading earnings helped offset…
Business
Macquarie’s quarterly profit falls, CFO Harvey decides to step down
RALIA’S top investment bank, Macquarie Group, reported a decline in first-quarter net profit on Thursday and announced that chief…
Business
Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts
South Korea’s SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative…
Business
Moody’s profit tops estimates in sign of credit market’s rebound
Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38 Moody’s, a bond grader and financial data provider,…
Business
DFI Retail Group jumps 12.7% to three-year high on H1 profit growth
Shares of DFI Retail Group climbed in early trade on Wednesday (Jul 23) morning, after the supermarket and retail store operator posted…
Business
GM Q2 Profit Drops 32% Amid Tariff Pressure, Warns of Bigger Hit Ahead
General Motors (GM) reported a sharp 32% decline in second-quarter core profit on Tuesday, attributing the drop largely to escalating…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
Lockheed Martin's Q2 profit plummets on US$1.6 billion charge
Lockheed Martin reported on Tuesday (Jul 22) that its second-quarter profit plunged by about 80 per cent, after the US defence giant…
Business
Aztech Global net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…
Business
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…
Business
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first…
Business
HPH Trust records unchanged H1 DPU of HK$0.05 despite higher profit
Hutchison Port Holdings (HPH) Trust reported a distribution per unit of HK$0.05 for the first half ended Jun 30, 2025, unchanged from the…
Business
Julius Baer's first-half profit falls 35% on loan provisions, Brazil unit sale
Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per cent…
Business
Qian Hu posts 87.7% fall in H1 profit on higher costs
Mainboard-listed integrated fish service provider Qian Hu on Friday (Jul 18) reported a net profit of S$30,729 for its first half ended…
Business
TSMC profit surges again after AI drives big jump in sales
The company’s performance underscores resilient demand for high-end AI chips from the likes of Nvidia and Advanced Micro Devices, which is…
Business
Taiwan’s TSMC says second quarter profit up 60%
The quarterly results follow Trump’s latest barrage of tariffs and renewed threats to impose levies on pharmaceutical products and chips — …
Business
TSMC posts record quarterly profit on AI demand, but cautious on tariff impact
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record,…
Business
Citigroup shares hit highest since 2008 after profit beat, buyback plan
Citigroup’s shares briefly touched their highest since the 2008 financial crisis after the bank beat Wall Street estimates for…
Business
Citigroup profit beats estimates on trading, deals windfall
Citigroup’s quarterly profit beat Wall Street estimates on Tuesday (Jul 15), as its traders brought in a windfall from turbulent markets…
Business
Pop Mart says Labubu craze to spur 350% surge in profit
Chinese toymaker Pop Mart International Group expects the soaring global popularity of its Labubu plush toys to drive a threefold increase…
Business
Ericsson's Q2 profit beats expectations, says North America growth was good
Operating profit excluding restructuring charges was 7.0 billion crowns against a year-earlier loss of 11.9 billion Swedish telecom…
Business
Centurion shares jump more than 5% as group anticipates ‘significant increase’ in H1 profit
Shares of property management company Centurion Corporation surged as much as 5 per cent on Monday (Jul 14), after it lifted the trading…