Philip Chua Business Blog

Posts Tagged ‘net profit’

ST Engineering
Nov 5 close: S$2.97
DBS GROUP RESEARCH, Nov 4

THIRD quarter 2009 revenue of S$1.35 billion (down 2 per cent year-on-year, 4 per cent quarter-on-quarter) and net profit of S$120 million (down 7 per cent y-o-y, up 11 per cent q-o-q) were in line, and nine-months 2009 net profit of S$314 million equates to 74 per cent of our full year projections.
Q3 2009 pre-tax profit of S$149 … more

IT’S earnings season and most of the focus rightly is on the financial numbers reported by companies.
So far, the figures haven’t been bad. At the end of last week, the combined net profit of $693.4 million for the 21 Singapore Exchange-listed companies that have filed results for Q3 2009 was a 24.6 per cent increase over the same period last year. Of the 21 companies, 13 reported higher profits … more

OCBC Bank led the way on Monday and now United Overseas Bank (UOB) has trumped the tipsters by posting better-than-expected numbers, with an upbeat forecast added for good measure.

UOB yesterday reported net profit of $470 million for the second quarter – 22 per cent down on a year ago but better than analyst expectations of $441 million, according to Reuters.

OCBC Bank had earlier surprised t… more

THE rush back to the markets by investors has allowed the Singapore Exchange (SGX) to finally turn the corner on its falling profitability.

Net profit for the fourth quarter ended June 30 inched up 0.9 per cent to $91.17 million from the same period last year.

Although only a tiny rise, it is still a stunning 64.8 per cent jump over the earnings of $55.3 million for the third quarter ended Mar… more

Amazon.com Inc. posted a quarterly net profit that fell by 10 percent as foreign currency fluctuations and a legal settlement hit earnings at the world’s largest online retailer.

Amazon.com Inc. posted a quarterly net profit that fell by 10 percent as foreign currency fluctuations and a legal settlement hit earnings at the world’s largest online retailer.

Reuters – Ford Motor Co posted a $2.3 billion quarterly net profit, mainly due to debt restructuring actions, with global markets still reeling from a recession that helped to push U.S. rivals General Motors and Chrysler into bankruptcy.