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Business 01 Jun 2003 | 12:00 AM

EON reports lower profits as car sales dip

Edaran Otomobil Nasional Bhd (EON), which recorded a more than 31% drop in new car sales for the first three months, posted lower unaudited net profits of RM62.2mil for the first quarter ended March 31, 2003, compared with RM105.9mil in the same period last year.

Economy 27 Jun 2018 | 11:10 PM

China's solid industrial profits tamp trade war worries for now

BEIJING: Profits at China's industrial firms rose sharply in May, maintaining the previous month's sizzling pace despite signs of slowing momentum in the world's second-largest economy and an intensifying trade spat with the United States.

Corporate News 29 Jun 2017 | 7:46 AM

Share buybacks by Japanese firms plunge even as profits rise

TOKYO: Share buybacks by Japanese companies are sharply down from last year despite rising profits, suggesting that Japan Inc’s commitment to raising shareholder returns could be waning.

Business 29 May 2017 | 12:00 AM

China’s industrial profits increase 14% as global trade improves

HONG KONG: Chinese industrial profits rose 14% in April from a year earlier as global trade increased.

Business 01 Aug 2013 | 12:00 AM

MUFG, Mizuho post higher net profits

TOKYO: Mitsubishi UFJ Financial Group Inc, Japan’s top lender by assets, and No. 2 Mizuho Financial Group Inc said their quarterly net profits had risen by more than a third, driven by a rally in Japanese stocks that pushed up the value of their equity portfolios.

Business 23 Aug 2011 | 12:00 AM

AirAsia likely to equity account associates’ profits in 2013

PETALING JAYA: Low-cost carrier AirAsia Bhd will only start equity accounting its share of profits from Thai AirAsia (TAA) and Indonesia AirAsia (IAA) when the amount of unrecognised losses from these associates have been reversed, the airline told i>StarBiz/i>. Some analysts say that can take place as soon as the year after next.

Business 03 Aug 2010 | 12:00 AM

DSM reports sharp rise in Q2 profits

AMSTERDAM: Royal DSM NV, the Dutch maker of chemicals, performance materials and food supplements, said Monday its second quarter profits soared on a mix of strong demand, cost-cutting and a weak dollar.

Business 31 Aug 2010 | 12:00 AM

Q2 company profits surge in Australia

SYDNEY: Australian companies enjoyed the biggest boost in profits in a decade last quarter led by a record 63% jump in the mining industry as strong Asian demand fuelled skyhigh prices for iron ore and coal.

Business 04 Jun 2007 | 12:00 AM

Cash flow and paper profits

The Transmile debacle has reminded investors to get back tobasics in placing priority on the quality of earnings growth. Companies are expected to produce free cash flow, not just profits on paper.

Business 13 May 2005 | 12:00 AM

BA profits slide for fourth quarter, increase for full year

British Airways' fourth quarter pretax profits fell to 5 million pounds (US$9.3 million; euro7.3 million) from 45 million pounds a year earlier, largely because of rising fuel costs, but the carrier's full-year pretax profits jumped sharply, it said Friday.