Business
SingLand H2 net profit rises 76% to S$180.5 million on higher revenue from hotel ops
SINGAPORE Land Group (SingLand) reported a net profit of S$180.5 million in the second half ended Dec 31, up 76 per cent from S$102.4…
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Revenue
Business
Zoom issues dour revenue forecasts as demand slows
ZOOM Communications forecast revenue for the full year and the first quarter below Wall Street estimates on Monday as the company…
Business
Alibaba Makes AI-driven Comeback, Revenue Jumps 8%
Alibaba reported a sharp revenue jump for its latest third quarter, thanks to robust AI products and e-commerce growth. For the three…
Business
Money Talk: Why Revenue Doesn't Equal Profit
When you’re running a business, it might seem like revenue is the ultimate goal. After all, more money coming in means you’re doing well,…
Business
ThaiBev Q1 revenue up 2.4% to 92.3 billion baht
Improvement driven by stronger sales of beer, non-alcoholic beverages and food segments THAI Beverage on Thursday (Feb 13) reported that…
Business
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
CISCO Systems raised its annual revenue forecast on Wednesday (Feb 12), betting on higher demand for its cloud networking gear amid an…
Business
Coca-Cola posts surprise revenue jump on higher prices, steady demand
It’s focused on capturing demand in emerging markets such as India and expanding its portfolio in North America Coca-Cola posted a…
Business
Kering Group Revenue Falls 12% in Q4, CEO Sees ‘Stabilization’
PARIS – Kering posted better-than-expected sales in the fourth quarter despite the continued freefall of its star brand Gucci, and chief…
Business
Higher casino takings drive MBS’ revenue for Q4 2024
MARINA Bay Sands (MBS) posted a 7.2 per cent rise in net revenue to US$1.14 billion for the fourth quarter ended Dec 31, 2024 amid ongoing…
Business
Intel’s quarterly revenue tops expectations as investors await new CEO
INTEL on Thursday posted December-quarter results that beat analysts’ low expectations, while its forecast for current-quarter revenue…
Business
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025 - The Business Times
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US…
Business
Global airlines forecast US$1 trillion 2025 revenue despite plane shortage
GLOBAL airlines body International Air Transport Association (Iata) has forecast industry-wide 2025 revenue of more than a trillion US…
Business
Salesforce’s third-quarter revenue beats on strong cloud demand
SALESFORCE beat Wall Street estimates for third-quarter revenue on Tuesday (Dec 3) and raised the lower end of its annual revenue…
Business
Marco Polo Marine H2 net profit dips 41.5% to S$10.7 million on lower revenue
MARCO Polo Marine posted lower net profit of S$10.7 million for its second half of the financial year ended Sep 30, 2024, down 41.5 per…
Business
Ng Yu Zhi trial: Defence accuses investor of caring only about revenue
NG YU ZHI’S lawyer on Nov 29 accused investor Veronica Shim Wai Han of caring only about generating income from his client’s nickel…
Business
Chinese food delivery giant Meituan beats quarterly revenue estimates
CHINA’S largest food delivery firm Meituan posted a bigger-than-expected 22.4 per cent rise in third-quarter revenue on Friday (Nov 29),…
Business
Temu-owner PDD reports 44% rise in Q3 revenue; misses market estimates
CHINA’S PDD Holdings reported a 44 per cent rise in third-quarter revenue on Thursday (Nov 21), but still fell short of market estimates.…
Business
China’s Baidu says advertisers still subdued as revenue falls 3%
CHINA’S Baidu on Thursday (Nov 21) said it had not yet seen any notable improvement in advertising spending patterns or consumer spending…
Business
ST Engineering Q3 revenue up 14% at S$2.8 billion; interim dividend at S$0.04 per share
ST Engineering’s revenue for the third quarter ended September rose 14 per cent to S$2.8 billion, from S$2.4 billion in the previous…
Business
China’s Alibaba misses quarterly revenue estimates
ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer…
Business
CSE Global reports higher revenue for Q3 2024, but order intake falls
The electrification segment has fallen the most, due to the absence of several major projects secured CSE Global reported a 15.4 per cent…
Business
Cordlife posts S$1.6 million Q3 net loss on revenue decline
CORDLIFE remained in the red for the third quarter ended September 2024, after having fallen into a net loss position for the first half…
Business
Tencent’s revenue climbs 8% after blockbuster games summer
TENCENT Holdings’ revenue rose 8 per cent after the summer release of Dungeon & Fighter Mobile helped China’s most valuable company resist…
Business
Grab returns to profit in third quarter, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on year Grab on Tuesday (Nov 12) reported…