Financial Statements
SATS returns to profit with $65m Q1 gain on strong business volumes
SATS returns to profit with $65m Q1 gain on strong business volumes
A one-off gain from a loan settlement also helped boost profit.
Don Agro net loss increases to $13.8m in H1 2024
Their gross profit also decreased to $11.4m.
Uni-Asia reports $15.4m net profit loss in H1 2024
They also had an operating loss of US$9.8m.
UOB KayHian’s H1 net profit soars 64.3%
Revenue also grew 10.2%.
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.
Grab cuts losses by 54% to $68m in Q2 as adjusted EBITDA turns positive
Adjusted EBITA for the period rose to $64m.
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%
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.
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.
Yanlord Land Group turns to loss in H1 2024
EPS stood at $0.046.
Food Empire net profit drops by 12.8% in H1 2024
This was due to profit depreciation in the Russian market.
Bumitama Agri net profit drops by 27.9% in H1 2024
Their gross profit also fell by 16.5%.
Nanofilm narrows net loss by 51.1% in H1 2024
Net loss for the period was reduced to $3.7m from $7.6m.
Commentary
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
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices
Could Singapore lead the world's next management revolution?
RIE2030’s real test: Turning innovation into impact
What Singapore logistics operators often overlook when electrifying fleets
Singapore's mid-market leadership problem nobody is talking about