Staff Reporter
Nam Cheong’s profit skyrockets to $189.2m in H1 2024
Nam Cheong’s profit skyrockets to $189.2m in H1 2024
Thanks to improved daily charter rates and higher utilisation of larger vessels.
Hong Leong Asia’s profit soars 60.9% to $49.5m in H1 2024
EPS stood at 6.62 Singaporean cents in H1 2024.
ESR-Logos issues new $100m securities priced at 6%
Funds raised will be used for acquisitions and investments.
Straits Trading's EBITDA declines15.7% amidst trade, policy uncertainties
Earnings per share is 1.2 Singapore cents for H1.
Yangzijiang Financial’s net profit sinks 33.9% in H1 2024
Total income for the period also declined 21.7%.
Halcyon Agri narrows loss to $31.6m in H1
The company posted a loss of US$24m.
CapitaLand Investment secures initial $222m for China business park fund
CBPF III is expected to boost CLI’s funds under management by $370M when fully deployed.
Princeton Digital Group acquires Yahoo S’pore’s SG3
The data centre will run as a third-party operator.
United Hampshire US REIT’s NPI slips 1.7% YoY to US$25.4m in H1
The REIT cited the divested Big Pine Center for the decline.
Currency woes drag Delfi Limited’s PATMI down 22.3%
PATMI for the period was US$19.6m.
Prime US REIT’s distributable income drops 14.0% YoY to US$23.3m
The REIT credited the drop to higher finance costs and lower occupancy.
Golden-Agri’s profit sinks 44% YoY despite revenue and EBITDA gains
Revenue and EBITA rose 5% YoY and 4% YoY, respectively.
CapitaLand Investment’s profit drops 6% YoY, hit by higher expenses
PATMI for the period was $331m.
Sea Limited's Q2 net income declines 75.9% YoY despite revenue growth
In Q2, GAAP revenue rose 23.0% YoY.
Olam Group’s PATMI up 0.4% YoY, driven by strong subsidiary performance
Ofi reported an EBIT growth of 71.54% YoY.
PropNex earnings drop 13.8% to $19m in H1 2024
There were fewer private resale launches during the period.
First Resources’ net profit surges 45.4% in H1 2024
Sales for the period increased 1.9%.
Read Here
Advertise
Sign Up
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation