Company results

Singtel’s shares down 6.4% as S’pore business weakens: Key takeaways from telco’s full-year results

Singtel revealed persistently tough conditions for its consumer business in Singapore.

Shopee delivers record results in Q1 on the back of AI usage

Shopee’s gross merchandise value grew 30 per cent year on year in the first quarter.

Genting Singapore rolls out new attractions as Middle East tensions weigh on earnings

Resorts World Sentosa (RWS) is stepping up efforts to refresh its attractions and broaden revenue streams as the conflict drives up costs and weighs on travel demand and consumer sentiment.

OCBC’s wealth business drives Q1 profit up 5% to $1.97 billion, more than expected

OCBC saw record non-interest income, led by strong growth in wealth management.

UOB to double wealth income by 2030 by better tapping growing pool of rich customers: CEO

Net profit for the quarter ended Mar 31 was $1.44 billion, down 4 per cent from $1.49 billion a year ago, but beating analysts’ expectations of $1.39 billion in a Bloomberg poll.

News analysis

From rides to routines: How Grab is shaping daily habits to keep users hooked

The number of people using the Grab app monthly climbed to 52 million in the first quarter - a 24 per cent year-on-year growth.

Chinese EV giant BYD reports 55% drop in Q1 net profit

Shenzhen-based EV and battery giant BYD achieved a profit of 4.08 billion yuan (S$763.7 million) during the first three months of the year, the statement showed, down 55 per cent year-on-year.

Marina Bay Sands posts strong Q1 earnings, but a bit of bad luck holds back profits

MBS’ earnings could have been about US$6 million higher if win rates at its high-stakes baccarat tables had come in at expected levels.

Keppel says little impact from Iran war so far but prolonged disruption could affect fund raising

Keppel flagged limited direct exposure to the Middle East conflict, with no notable impact so far.

Memory chip giant SK Hynix Q1 profit soars 406% to record high on AI boom

SK Hynix reported a 37.6 trillion won (S$32.4 billion) operating profit for the January-March period, up from 7.4 trillion won a year earlier.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.