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OCBC, the Singapore-based banking corporation, has reported that its profits remained stable in the third quarter of 2025. The bank’s net earnings for the period matched the previous year’s figures, standing at approximately S$2 billion ($1.5 billion). Income…
Amazon recently announced robust profit growth for the third quarter, showing sustained double-digit growth due to advancements across the company. Strong Sales and Revenue Growth The net income for the quarter ending on September 30 experienced a 13%…
Following a prosperous third quarter, Standard Chartered Bank, noted for its focus on emerging markets, has reported a rise in profits. The bank now anticipates meeting its return on tangible equity (RoTE) goal ahead of its original schedule by one year.…
Adidas, the renowned sportswear brand, recently announced a significant increase in their revenue for the third quarter. This surge was widespread, affecting all markets, categories, and channels. For the third quarter, the company’s total revenue skyrocketed…
In the third quarter of this year, Swedish fashion conglomerate H&M reported an operating profit increase of 40% to US$523 million, with its operating margin escalating from 5.9% to 8.6%. Key Factors driving the Increase The company attributed the favorable…
The second quarter of the financial year saw Chinese milk tea chain Chagee experiencing a double-digit increase in revenue, largely due to its network expansion. However, this growth was accompanied by a notable drop in profit. Financial Highlights Chagee,…
Lovisa, the popular jewelry chain, reported significant growth in its sales and profit in the past fiscal year, alongside an accelerated expansion program. Revenue and Sales Growth Lovisa’s revenue for the fiscal year, ending June 29, experienced a 14.2%…
Meituan, China’s top food delivery company, has reported an 89 per cent decrease in its net profit during the second quarter. The company attributes this major drop to escalating competition in the ‘instant retail’ sector, which specializes in delivering…
The retail conglomerate, Miniso, posted a decrease in profits despite its sales increasing by a double-digit percentage in the second quarter. Revenue Growth Miniso’s revenue for the quarter ending June 30th saw a massive increase of 23.1%, amounting to…
My Food Bag Group, a prominent meal kit company, has experienced a favorable upward trend in growth during the second half of the fiscal year 2025 (FY25). This positive trajectory is reflected in the company’s increased profitability and the successful launch…
In the first half of the fiscal year 2025, the globally renowned luggage behemoth, Samsonite Group, saw a decrease in net sales and profits. This decline was attributed to a reduced demand for travel within their most significant markets. Financial Details…
Jollibee Foods Corporation (JFC), a leading global fast-food company, has reported a 5.6% year-on-year rise in the second quarter’s attributable net income, reaching $57.78 million. This increase was primarily fueled by robust gains from the firm’s overseas…
South Korean retail behemoth Coupang has experienced substantial growth this year, boasting a record revenue of $8.52 billion in Q2, a rise of 19% year-over-year with an FX-neutral basis. This marks the first time the company has surpassed the $8 billion…
Hershey, the confectionery giant, has registered a significant increase in sales for the second quarter despite a drastic fall in profits. This arises from the escalating costs of cocoa, supply chain, and adverse effects from commodity hedging. In the most…
Grab Holdings, a Singapore-based tech company, surpassed Wall Street’s revenue expectations in Q2, with a surge in consumption across its ride-hailing and food delivery services, seemingly unaffected by global economic uncertainties. Superapp Drive Pays Off…
Hermes, the esteemed French luxury brand, has demonstrated impressive sales growth in the first half of the current year. This surge in revenue was experienced across all regions as affluent customers continued their patronage of the brand’s distinguished…
