Business
Bank of America profit climbs as trading surges in volatile markets
Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased…
Tag
profit
Business
JPMorgan profit falls on one-time Apple card deal charge
Profit fell to US$13 billion, or US$4.63 per share, in the three months ended December 31 JPMorgan Chase’s profit fell in the fourth…
Business
Shares in Primark Parent ABF Begin Slow Recovery After Shock Profit Warning
LONDON – Shares in Primark’s parent Associated British Foods began a slow recovery following Thursday’s shock profit warning due to…
Business
Uniqlo owner Fast Retailing reports jump in quarterly profit, raises annual forecast
It benefits from strong sales at home, and expansions in Europe and North America The Japanese operator of the Uniqlo clothing brand, Fast…
Business
Samsung expects record Q4 operating profit, beating expectations
Samsung Electronics on Thursday projected a 208 per cent jump in fourth-quarter operating profit from a year earlier, beating analysts’…
Business
Jefferies takes US$30 million hit on First Brands as profit drops
Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of…
Business
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800…
Business
Japan's Nikkei marks a closing high on improving corporate profit outlook
Japan’s Nikkei share average marked a record closing high on Tuesday (Jan 6) as the outlook for domestic company’s profits improved. The…
Business
Samsung likely to flag 160% jump in Q4 profit as AI boom stokes chip prices
Samsung Electronics is expected to flag a 160 per cent jump in its fourth-quarter operating profit spurred by a severe chip shortage that…
Business
ST Engineering expects positive H2 net profit
ST Engineering on Tuesday (Dec 30) said that it expects to report a positive net profit for the second half of 2025, after considering all…
Business
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024 THE standoff between China and…
Business
TikTok owner ByteDance on track for US$50 billion profit in 2025
BYTEDANCE is on track for profits of roughly US$50 billion in 2025, capping a record year for a Chinese social media leader making major…
Business
FedEx posts higher quarterly results, raises low end of full-year profit forecast
It lifted its 2026 revenue outlook, calling for 5 to 6 per cent year-over-year growth FEDEX posted higher second-quarter profit and…
Business
Micron surges as global memory chip shortage boosts profit forecast
It is set to add over US$30 billion to its market capitalisation, if premarket gains hold MICRON Technology shares rose nearly 14 per cent…
Business
Top Glove Q1 profit surges more than 600% as costs fall
The glove maker reports a drop in operating expenses to RM842.9 million for the quarter Malaysian glove maker Top Glove on Wednesday (Dec…
Business
Pfizer forecasts 2026 profit below expectations on lower Covid product sales
Pfizer has rolled out a sweeping cost reduction programme in response to the drop in Covid-19 sales Pfizer on Tuesday (Dec 16) forecast…
Business
Global airlines set for record US$41 billion net profit next year: Iata
Global airline trade body Iata said on Tuesday the airline sector would post record profits next year despite ongoing supply-chain issues…
Business
Apac airlines to increase net profit by 6.5% to US$6.6 billion in 2026: Iata
Asia-Pacific airlines are projected to record US$6.6 billion of net profit in 2026, up from S$6.2 billion in 2025, the International Air…
Business
3 Pricing Moves Early Stage Teams Use To Unlock Profit
You can feel when your pricing is holding your company back. You see interest in your product, but the revenue never quite catches up. The…
Business
Marco Polo Marine shares rise 7.5% on H2 profit surge
For the full year, net profit surges 169.7% to S$58.5 million, from S$21.7 million the year before Shares of Marco Polo Marine climbed 7.5…
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…
Business
CIMB Q3 profit up 2.3% at RM 2.08 billion
CIMB’s net profit for the third quarter ended Sep 30 rose 2.3 per cent to RM2.08 billion (S$653.5 million) from RM2.03 billion in the…