Culture
JD.com’s food delivery foray unnerves investors as shares lag
INVESTORS in shares of JD.com face a gut check in next week’s earnings report from the online retailer as it girds for battle in the food-delivery space currently dominated...
Daiwa House Logistics Trust H2 DPU Drops 10.3% to S$0.0234
The manager of Daiwa House Logistics Trust on Friday (Feb 28) posted a distribution per unit (DPU) of S$0.0234 for its second half ended Dec 31, down 10.3 per...
HPL swings into the black with S$32.1 million H2 net profit, reversing H1 loss
HOTEL Properties Limited (HPL), the real estate player owned by tycoon Ong Beng Seng, posted net profit of S$32.1 million for the second half ended Dec 31, plunging from...
Olam shares fall 11% amid steep profit drop
SHARES of Olam Group dived about 11 per cent just after the market open on Friday (Feb 28), as it posted an 83.4 per cent fall in net profit.At...
Australia’s Star Entertainment expects to get liquidity offers, shares slump on pending results
The company is expected to report an underlying loss of A$79.5 million for the six months ended Dec 31, according to Visible Alpha consensus estimatesCASINO operator Star Entertainment said...
Stocks to watch: IHH Healthcare, Jardine C&C, Olam, ComfortDelGro, Sheng Siong
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 28).IHH Healthcare: The integrated healthcare operator on Thursday announced net profit of RM732...
Zheneng Jinjiang H2 profit surges over 26 times to 411.6 million yuan; S$0.023 cash divided proposed
This translates to an earnings per share of 0.2838 yuan for the half-year period, up from 0.0105 yuan the previous yearCHINA-BASED waste treatment group Zheneng Jinjiang Environment reported a...
Olam H2 profit falls 83.4% to S$38.4 million; pares proposed dividend to S$0.03 per share
Company blames earnings slide on higher net finance costs, exceptional losses in a ‘tough year for the industry’AGRIBUSINESS giant Olam Group on Friday (Feb 28) reported a net profit...
Apple launches ‘age assurance’ tech as US states mull social media laws
APPLE on Thursday (Feb 27) said it will introduce a way for parents to share the age of a child with app developers without revealing sensitive information such as...
HP sees weaker profit on tariffs; will cut over 1,000 jobs
HP GAVE a profit outlook for the current quarter that fell short of expectations, citing the impact of rising component costs and tariffs on goods from China.Earnings, excluding some...
