News
Grab cuts losses by 54% to $68m in Q2 as adjusted EBITDA turns positive
Grab cuts losses by 54% to $68m in Q2 as adjusted EBITDA turns positive
Adjusted EBITA for the period rose to $64m.
Sri Trang Agro-Industry net profit surges 471% to $23.6m in Q2
Total revenue for the quarter also rose 21.6% YoY.
Non-oil domestic exports grow 15.7% in July after June decline
Growth in electronics and non-electronics drove the increase.
Frencken Group profit jumps 50.3% in H1 2024 on mechatronics growth
Its Mechatronics Division reported a 7.9% YoY revenue increase.
Haw Par H1 2024 profit up 17.1%, but cost pressures weigh on margins
Its gross margin dipped to 54.6%
CapitaLand Investment unit prices $350m senior notes due 2035
The notes are offered at a fixed rate of 3.58% per annum.
Singapore and the Philippines ink MOU on carbon credits
The parties will exchange best practices and knowledge of carbon markets.
Daily Markets Briefing: STI up 0.88%; Top stock is ST Engineering
ST Engineering is the top stock with a 4.35% increase.
Far East Orchard’s H1 profit jumps 259.2% on strong PBSA segment earnings
The PBSA segment reported a 22.8% YoY revenue increase.
Genting Singapore’s profit increases 29% in H1, led by strong gaming revenue
Gaming revenue rose 28% YoY to $957.6m.
ComfortDelGro’s PATMI rises 21.4% in H1 on strong revenue growth
Revenue for the period rose to $2.12b.
Developers' sales soar by 236% MoM in July with mass market driving gains
July marked the second-highest monthly sales in 2024.
Sri Trang Gloves establishes new unit in China
This will be for gloves packing and distribution.
OIO Holdings wins case with ex-chairman, court orders $12,000 payment
Fan Chee Seng filed a case against the company for wrongful termination.
Hoe Leong’s earnings rebound in H1
It recovered from a loss of $720,000 a year ago.
Huationg Global’s net profit skyrockets 107.2% to $10.8m in H1 2024
Net profit increased by $5.6m.
AsiaMedic taps Yu Hui Xian Syenny as new CFO
The company also announced Stanley Woo Ah Toong's resignation as group financial controller.
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