Business
SIA Engineering Q2 net profit up 13.5% at S$40.4 million
Its rise in revenue outpaced that of its rise in expenditure; contributions from associated and joint-venture companies also increased SIA…
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profit
Business
BP profit beats expectations, helped by refining margins
It made an underlying replacement cost profit, or adjusted net income, of US$2.21 billion Oil major BP reported a smaller than expected…
Business
Aramco profit beats estimates in first sign of easing pressure
Net income adjusted for one-time items rose 0.8% to US$28 billion in the third quarter from a year earlier Saudi Aramco reported profit…
Business
Grab reports Q3 earnings of US$17 million on positive operating profit
Operating profit rises to US$27 million in Q3 2025 from a loss of US$38 million in Q3 2024 Ride-hailing giant Grab posted earnings of…
Business
Grab reports Q3 earnings of US$37 million on positive operating profit
Operating profit rises to US$27 million in the quarter from a loss of US$38 million the previous year Ride-hailing giant Grab posted Q3…
Business
India’s Bharti Airtel posts surge in quarterly profit as higher-paying users grow
Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its sixth straight quarterly profit rise on Monday (Nov…
Business
NetLink Trust posts 10.2% drop in H1 profit to S$43.5 million on higher depreciation
Fibre network provider NetLink NBN Trust on Monday (Nov 3) posted a 10.2 per cent drop in net profit to S$43.5 million for the half-year…
Business
ANZ flags A$1.1 billion second-half profit hit from restructuring, compliance costs
Australia’s ANZ warned on Friday that its earnings would take a hit of A$1.11 billion (S$937.5 million) after tax in the second half of…
Business
Toyota steps up India expansion with new SUVs, rural push as profit surges
Toyota plans to launch 15 new and refreshed models in India by the end of the decade while deepening its rural network, sources said, as…
Business
Chinese airlines return to profit on summer surge, but challenges persist
China’s three biggest airlines posted their first collective quarterly profit in a year in the third quarter on the back of the peak…
Business
Mastercard quarterly profit rises as transaction volumes hold strong
Mastercard reported a jump in third-quarter profit on Thursday (Oct 30), as sustained consumer spending boosted payment volumes on its…
Business
BYD profit declines for second straight quarter
Net profit hits 7.8 billion yuan as revenue slips 3.1%, marking first decline in five years — Chinese electric vehicle maker BYD posted a…
Business
BYD reports biggest quarterly profit fall in over four years
The consecutive quarterly profit fall comes amid intensifying competition at home market — Chinese electric vehicle maker BYD’s…
Business
Wilmar posts US$347 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19 billion; all sectors enjoyed stronger operational results Singapore-based agribusiness group Wilmar…
Business
Wilmar posts US$347.7 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results Singapore-based agribusiness group Wilmar…
Business
StanChart raises outlook as quarterly profit beats estimate
The performance is largely a result of the bank’s wealth management unit and global banking STANDARD Chartered lifted its income and…
Business
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell’s profit was better than expected in…
Business
Prudential Q3 new business profit rises 14% to US$705 million; regional CEO leaves
Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30.…
Business
Samsung’s chip profit soars after AI fuels demand for memory
The spending spree is spilling over into demand for conventional memory products, where the chipmaker dominates Samsung Electronics’…
Business
Keppel 9M net profit rises 5% despite accounting loss from proposed sale of M1’s telco business
Keppel has reported a 5 per cent increase in net profit for the first nine months of FY2025, despite an accounting loss from the proposed…
Business
Great Eastern posts 36% higher Q3 net profit of S$372 million
Insurer Great Eastern on Thursday (Oct 30) posted a net profit of S$372 million for its third quarter ended September, 36 per cent up from…
Business
Great Eastern Q3 net profit up 36% at S$372 million amid higher new business embedded value
Growth is driven by robust results from shareholders’ fund segment, which rose 45% on the year for the nine months ended Sep 30 Insurer…
Business
Meta forecasts bigger capital costs next year, US$16 billion tax charge guts Q3 profit
Meta forecast “notably larger” capital expenses next year, thanks to investments in AI, and recorded a nearly US$16 billion one-time…
Business
UBS Q3 profit beats expectations as investment banking rebounds, legal costs ease
UBS Group profit beat expectations in the third quarter as investment banking revenue and lower-than-forecast legal costs boosted…