Business
Japans largest lender MUFG logs 6% growth in third-quarter profit
Japan’s Mitsubishi UFJ Financial Group (MUFG) booked a 6 per cent rise in third-quarter net profit, it said on Wednesday (Feb 4). The…
Tag
thirdquarter
Business
Xiaomi reports 81% jump in third-quarter profit on strong EV sales
Adjusted net profit reaches 11.3 billion yuan (S$2.1 billion), exceeding the average estimate of 10.3 billion yuan China’s Xiaomi reported…
Business
British Airways-owner IAG third-quarter profit inline with expectations
British Airways-owner IAG on Friday (Nov 7) reported a slight increase in operating profit for the third quarter, largely in line with…
Business
Yum Brands mulls Pizza Hut sale as Taco Bell drives third-quarter beat
YUM Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain struggling in a highly competitive fast-food…
Business
Intel beats third-quarter profit estimates as cost cuts, investments pay off
INTEL beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its…
Business
Beauty, Wellbeing Sales Fuel Third-quarter Growth at Unilever
LONDON – Beauty and wellbeing sales are steaming ahead at Unilever, and drove underlying group sales growth up 3.9 percent to 14.7 billion…
Business
Tesla earnings miss despite record third-quarter sales surge
Investors have largely bought into Musk’s vision, driving the shares up 8.7% so far this year Tesla’s profit plunged more than expected as…
Business
Kering beats third-quarter forecasts as smaller brands cushion Gucci decline
Kering’s overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and…
Unsorted
VinFast third-quarter e-bike sales jump following Hanoi motorbike ban
Vietnam’s VinFast said on Wednesday (Oct 22) it delivered more than 120,000 electric two-wheelers in the third quarter, a 73 per cent…
Business
Foxconn’s third-quarter revenue hits record, misses market forecast
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial…
Business
National Australia Bank third-quarter cash earnings rise marginally
ONAL Australia Bank reported a slight increase in its cash earnings for the third-quarter on Monday, helped by improved margins and growth…
Business
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted…
Business
GameStop reports third-quarter profit on spending cuts
GAMESTOP reported a third-quarter profit on Tuesday (Dec 10) as the video game retailer ramps up its cost-saving efforts, including…
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
Nasdaq’s third-quarter profit rises on fintech strength
NASDAQ reported a rise in third-quarter profit on Thursday (Oct 24), helped by strong demand in its solutions business that houses the…
Business
LSEG’s third-quarter income tops forecasts, shares hit record
LONDON Stock Exchange Group said on Thursday (Oct 24) that its income rose a better-than-expected 9.5 per cent in the third quarter after…
Business
Heineken third-quarter beer volumes hit by weak Americas
HEINEKEN reported worse-than-expected beer volumes due to declines in the Americas and Asia-Pacific as consumers failed to ramp up…
Business
LVMH third-quarter sales fall 3% as China weighs
FRENCH luxury giant LVMH reported a 3 per cent fall in third-quarter sales on Tuesday (Oct 16), its first decline in quarterly sales since…
Business
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
TAIWAN Semiconductor Manufacturing Company (TSMC), the main producer of advanced chips used in artificial intelligence (AI) applications,…
Business
TSMC’s third-quarter revenue easily beats market forecast
TAIWAN Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported on Wednesday (Oct 9) third-quarter…
Business
ExxonMobil expects third-quarter earnings were hit by lower oil prices
A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major…