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Telekom Malaysia Bhd (TM) suffered a net loss of RM175.59 million during the third quarter ended Sept 30 compared with a net profit of RM211.82 million a year ago, due to an impairment loss on network assets recognised during the quarter. In a filing with…
Robinsons Retail Holdings has boosted net income by 9.8 per cent in the first nine months of this year, to PHP 3.8 billion (US$70.97 million). The improvement followed on from a 13.1 per cent increase in sales for the period, to PHP 91.8 billion ($1.71…
Beer maker Sabeco has reported after tax profits of $149 million in Jan-Sept 2018, down 6 percent year-on-year. The company’s total revenue in the first nine months of the year was VND25.5 trillion ($1.1 billion), 70 percent of its annual target. According to…
Kia Motors Friday reported a swing to profit in the third quarter from a loss a year earlier. For the three months ending Sept. 30, Kia posted a net profit of 297.74 billion won ($262 million) from a net loss of 291.77 billion won a year ago, the company said…
Puma worldwide sales increased by 17 per cent on a constant currency basis in the first nine months of this year as the sportswear label achieved growth in every region. Asia and the Americas drove sales, with both markets achieving double-digit growth…
Chinese pharmacy retailer China Jo-Jo Drugstores has finally turned a profit, thanks to booming online sales and partnerships with health insurers. The US-listed retailer achieved second quarter sales of US$22.6 million, up 22.4 per cent on the same period…
Clothing retailer Esprit Holdings Ltd reported a 14.9 percent slide in first-quarter turnover on Monday as sales in Europe lagged and it cut its store footprint. Turnover in Hong Kong dollar terms fell to HK$4.7 billion in the three months ended Sept. 30,…
Hong Kong listed fashion group Esprit says its full year financial loss masked a positive phase of its turnaround program. Full year turnover fell 11.5 per cent (or 19.8 per cent in Hong Kong dollars) and the company posted a loss of HK$3.683 billion, largely…
