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Business 17 Jul 2007 | 12:00 AM

Philips Q2 profit rises 22% to US$416mil

Philips Electronics reported a 22% rise in its second-quarter operating profit yesterday, in line with expectations, and said it was on track to meet its sales and profit margin targets.

Business 18 Jul 2007 | 12:00 AM

Electrolux posts strong second quarter results

Electrolux, the world's second-largest appliances maker, pleased investors with a strong quarterly performance in the slowing US market.

Business 25 Aug 2007 | 12:00 AM

BCHB profit for Q2 surges 103%

Bumiputra-Commerce Holdings Bhd (BCHB) posted a 103% gain in net profit for its second quarter ended June 30, versus the same period last year, helped largely by a robust capital market and better performing consumer banking operations.

Business 10 Oct 2007 | 12:00 AM

Sallie Mae sues to scrap takeover

US student lender Sallie Mae said on Monday it has filed a lawsuit, seeking damages of US$900mil, against the consortium that agreed to buy it for US$25bil but then proposed to revise its offer.

Business 19 Oct 2007 | 12:00 AM

AirAsia’s long-term prospects good

AirAsia Bhd may experience some 'growing pains,' but its long-term story is intact, given its strong earnings growth prospects.

Business 27 Oct 2007 | 12:00 AM

DBS result beats forecasts

DBS Group, South-East Asia's biggest lender, yesterday exceeded expectations by posting an 11% increase in quarterly profit on strong loan growth, despite taking a small hit from the credit market turmoil.

Business 13 Nov 2007 | 12:00 AM

BCHB net profit higher at RM2.3b

Bumiputra-Commerce Holdings Bhd (BCHB) posted a net profit of RM2.31bil in the nine months to Sept 30, or 118% higher against the same period last year on continued growth in consumer loans.

Business 15 Jan 2008 | 12:00 AM

Better Q1 results expected from TNB today

Despite rising fuel prices in the international markets, Tenaga Nasional Bhd (TNB) is expected to deliver a better set of results today for its first quarter ended Nov 30.

Business 19 Jan 2008 | 12:00 AM

Putrajaya Perdana order book set to rise sharply

Putrajaya Perdana Bhd, which has signed a memorandum of understanding (MoU) with Abu Dhabi-based Aldar Properties PJSC to undertake the construction, design and consultancy works of node 1 of the Iskandar Development Region (IDR), is set to see its order book rise substantially from March should the development take off then.

Business 22 Jan 2008 | 12:00 AM

Philips Q4 core earnings beat forecasts

Philips Electronics reported yesterday fourth-quarter core earnings above average analysts' forecasts, but said its key medical division still struggled with a weaker US market for imaging systems.