Staff Reporter
AEM Holdings net profit slumps 95% in H1 2024
Their revenue decreased by 37% to $173.6m.
China Aviation Oil’s net profit surges 117.8% YoY to $55.8m
Higher contributions from its associates drove the increase.
Cordlife widens net loss by $10.2m in H1 2024
The loss is due to the decline in revenue and refunds for clients affected by the high-risk blood cord tanks.
JTC rejects Penjuru Road site bids
The site received four bids.
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.
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