Business
Nvidia, AMD agree to pay US 15% of China chip sale revenue
Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from chip sales to China to the US government as part…
Tag
Revenue
Business
Sembcorp H1 earnings flat at S$536 million on lower gas revenue
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to…
Business
Sembcorp H1 earnings flat at S$536 million on lower gas revenue; share price tumbles 14.7%
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to…
Business
Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States,…
Business
BHG Retail Reit H1 DPU falls 12% on lower revenue, forex impact
BHG Retail Reit’s distribution per unit (DPU) fell by 12 per cent to S$0.0022 for its first half year ended June, from S$0.0025 the year…
Business
Genting Singapore H1 profit falls 34% to S$234.7 million on weaker gaming, room revenue
Resort and casino operator Genting Singapore reported a 34 per cent drop in profit for the first half of the year to S$234.7 million.…
Business
Siemens revenue climbs on robust demand for rail products
To improve profitability, the company is pivoting towards software-driven product lines in all its units Siemens’s revenue and orders rose…
Business
Beyond Meat misses quarterly revenue estimates as plant-based demand weakens
ND Meat missed Wall Street estimates for second-quarter revenue on Wednesday, hurt by weak demand for its plant-based meat products in the…
Business
Wall Street bonus pool to grow as bank revenue boosted by rally
The outlook for Wall Street bonuses is improving, with payouts now set to rise across most sectors of the finance industry as the market…
Business
F&N’s 9-month profit dips 3.9% to S$118.2 million, despite 10% revenue growth
Beverage maker Fraser and Neave (F&N) posted a net profit of S$118.2 million for the nine months ended Jun 30, a 3.9 per cent decrease…
Business
Palantir reports revenue up 48%, cites ‘astonishing’ AI impact
Palantir Technologies reported a 48 per cent increase in revenue for the second quarter to more than US$1 billion, citing the “astonishing…
Business
Shein revenue neared US$10 billion in first quarter before tariffs: sources
Shein Group’s net income rose to over US$400 million and revenue was almost US$10 billion in the first quarter as consumers snapped up the…
Business
OpenAI hits US$12 billion in annualised revenue, The Information reports
GPT-MAKER OpenAI roughly doubled its revenue in the first seven months of the year, reaching US$12 billion in annualised revenue, The…
Business
Grab reports a Q2 2025 earnings of US$35 million on higher revenue and margins
Superapp Grab reported Q2 2025 earnings of US$35 million, reversing from a loss of US$53 million in the same year-ago period. This was…
Business
Grab Holdings beats quarterly revenue estimates
Grab Holdings beat Wall Street expectations for second-quarter revenue on Wednesday, as consumers boosted spending on its ride-hailing and…
Business
Macau casino bulls see stock rally extending as revenue grows
Eased travel policy and railway improvements are among the factors seen keeping the uptrend going Macau casino stocks are poised to…
Business
Intel says revenue rose as it cut ranks
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its workforce to be…
Business
Marina Bay Sands H1 revenue rises 17% to US$2.6 billion as travel spend in Asia expands
Adjusted property Ebitda rose 23.8% to US$1.4 billion, up from US$1.1 billion in the first half of 2024 Net revenue for Marina Bay Sands…
Business
Creative Technology warns H2 revenue may be below target, with operating loss similar to that in H1
It says US tariffs and global trade tensions weakened consumer sentiment, which dragged on revenue Creative Technology said that revenue…
Business
Levi sees revenue growth offsetting most of tariff impact
Levi Strauss jumped in late trading after raising its revenue outlook, with the maker of 501 jeans expecting sales growth to outweigh the…
Business
TSMC revenue climbs 39% in latest sign of AI spending boom
For 2025, investors remain wary about the impact of tariffs on the global economy and the electronics sector Taiwan Semiconductor…
Business
Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial…
Business
AEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13 Semiconductor test solutions provider AEM…
Business
Top Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended…