Financial results

Marco Polo Marine H2 profit jumps over 4 times to S$47.9 million on impairment reversals

This is attributed to a combination of stronger underlying performance and several extraordinary gains

The bank says it will be returning up to RM2 billion of capital to shareholders by end-2027, through special dividends or share buybacks.

CIMB Q3 profit up 2.3% at RM2.08 billion 

The bank announces a special dividend of RM0.07 per share

In China, Didi maintains its leading position in ride-hailing while facing intensifying competition from rivals including Alibaba and Meituan.

China’s Didi Q3 revenue up 8.6% as costly overseas expansion accelerates

The company has accelerated overseas investment this year, notably expanding food delivery to additional cities

The company has been doubling down on artificial intelligence as a catalyst for growth across its cloud and consumer ecosystems, channelling billions of dollars into AI infrastructure, model development and product innovation.

Alibaba revenue tops estimates with strong instant retail, AI push

The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector

The co-living operator has recently commenced operations at the 62-room Coliwoo Bukit Timah Fire Station.

Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million 

The group has declared a final dividend of S$0.02 per share

Thai Beverage's revenue dipped amid macroeconomic challenges that led to “softening consumer sentiment across key markets”.

ThaiBev’s full-year net profit falls 6.8% to 25.4 billion baht

The board has declared a final dividend of 0.47 baht per share

Nio's vehicle deliveries in Q3 included 12,487 units of its small, smart high-end electric car brand, Firefly (above).

EV maker Nio trims Q3 loss to 3.5 billion yuan with 40% jump in vehicle deliveries 

Its losses narrow from the year-ago period, and revenue is up 16.7% on year

Ant is investing in AI as it seeks a new chapter after the regulatory crackdown that ended about two years ago.

Jack Ma-backed Ant’s profit grew 10% after AI, global expansion

The company contributes 2.7 billion yuan of profit to Alibaba Group Holding

Founded in Singapore in 2016, Ijooz’s machines have been deployed to 32 countries worldwide.

Ijooz squeezes US$2.5 million in net profit in FY 2024

The company aims to list on a US stock exchange by 2027

CEO Seah Kiin Peng expects BRS Asia to continue to perform well next year.

BRC Asia H2 profit falls 5% to S$52.2 million 

Revenue up 16% at S$837.4 million, driven by stronger project offtake