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Wilmar's profit down 34% to $255.9m in Q1
The decline was largely due to the lower oil seeds and grains business.
Wilmar's profit down 34% to $255.9m in Q1
The decline was largely due to the lower oil seeds and grains business.
SOS: NOL loses US$254m in Q1
The container shipping and logistics company also lost money in the same period in 2011 but a mere US$10 million compared to this latest net loss.
SingTel profit up 30% to S$1.29b in Q4
Thanks to an exceptional net tax credit of S$270 million.
Sembcorp Marine winning streak will continue: DBS
The company is well-positioned to clinch more yard contracts even as it racked up its sixth order for the year.
COSCO looks to offshore for its comeback
With its shipping segment in a major revenue slump, the firm will pin its hopes on higher margin offshore deals.
Tighter regulations set for sale of special investment products
Intermediaries are now required to check whether a customer has sufficient investment knowledge before a sale gets a greenlight.
Sembcorp Marine profit fall not a sign of weakness?
Revenue is still robust and the first quarter dip resulted only from issues in timing and not underperformance, argues Maybank Kim Eng.
Singapore millionaires getting richer despite global recession
70% of those surveyed by Royal Skandia said their wealth had risen between 2008 and the end of 2011.
SingTel responds to OpenNet media release
SingTel and OpenNet are currently involved in disputes over the contractual arrangements for the NextGen NBN.
SingTel's market leadership expands to nearly 46%
Their mobile customer base increased 8.3% to 3.58 million as of 31 March 2012.
OUE profit down 92% to S$21.7m
To blame is the absence of fair value gains in the first quarter of 2012.
COSCO profit down 25% to $27.8m
No thanks to lower profit contributions from dry bulk shipping and shipyard operations.
Sembcorp Marine unit to build US$208M drilling rig for Perisai
It also has an option to construct an additional unit of a similar specification jackup rig worth US210m for delivery in 2Q15.
SIA Engineering growth hinged on joint ventures success
A big chunk of its profits now come from this lucrative segment and the outlook is only getting rosier by the minute.
SIA Engineering to defy global demand drought
Earnings growth will average at a relatively healthy 6% for the next three years, predicts CIMB.
Have shipping rates peaked already?
Asia-Europe prices will likely remain steady for the summer as carriers meet increasing resistance to rate hikes.
SIA Engineering net profit up by 4% in 4Q
Operating margins however were subdued at 10.3%.
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