News
Singtel’s net profit surges 43% in Q1 2024
Singtel’s net profit surges 43% in Q1 2024
The increase was due to a rebound from a net loss in Q1 2023.
MAS partners with banks, tech on quantum security enhancement
The central bank also launched a grant scheme to fund quantum projects.
Figtree reports loss of $1.7m for H1; loss per share is 0.45
It is mainly due to no revenue from the OJJ Foods project.
Seatrium delivers fourth rig to Borr Drilling
It can drill to depths of up to 35,000 feet.
UOB seeks to double wealth AUM, trade loans by 2026
It aims to be the number 1 cross-border trade bank in ASEAN.
StarHub’s net profit rises 8.7% in H1 2024
The increase was due to higher contributions from the service segment.
Wing Tai braces for up to $236.7m loss in H1
Impairment provisions and change in property values totalled over HK$1b.
CapitaLand Investment redesignates Gabriel Lim as non-independent director
This follows Lim's retirement from MTI and recent appointment at Temasek.
Food Empire net profit drops by 12.8% in H1 2024
This was due to profit depreciation in the Russian market.
Keppel enters JV to boost Thailand’s cooling sector
By 2025, the JV will expand Keppel’s cooling-as-a-service design capacity in Thailand by 50%
Bumitama Agri net profit drops by 27.9% in H1 2024
Their gross profit also fell by 16.5%.
Manufacturing and trade sectors set to drive economic growth in 2H24
Experts predict a boost for manufacturing from global tech recovery.
Hotel Properties narrows H1 losses to $4.9m with improved revenue
Revenue for the period rose 8.9%.
Wilmar International’s net profit up 5.2% in H1 2024
The increase was due to better performances in the Feed & Industrial Products and Food Products segments.
Nanofilm narrows net loss by 51.1% in H1 2024
Net loss for the period was reduced to $3.7m from $7.6m.
UOL’s H1 net profit dips 3% to $130.4m due to fair value losses
Fair value losses for the period amounted to $12.2m.
Nam Cheong’s profit skyrockets to $189.2m in H1 2024
Thanks to improved daily charter rates and higher utilisation of larger vessels.
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