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dividend

China’s Li Ning feels the pain from consumption slowdown as first-half profit slips 8%

by Anas Siddiqui
China’s Li Ning feels the pain from consumption slowdown as first-half profit slips 8%

Chinese sportswear giant Li Ning hopes to “ride the wave” of the Paris Olympics in an effort to attract more customers, after posting an 8 per cent profit decline amid …

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Hong Kong’s Vitasoy reports 155% profit growth on new flavours, retail improvement

by Anas Siddiqui
Hong Kong’s Vitasoy reports 155% profit growth on new flavours, retail improvement

Hong Kong-based drink company Vitasoy International Holdings recorded a 2.5-fold increase in net profit despite a small revenue decline as a focus on product innovation paid off in successful launches …

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Beauty chain Sa Sa’s profit soars as mainland Chinese tourists return to shop in Hong Kong

by Anas Siddiqui
Beauty chain Sa Sa’s profit soars as mainland Chinese tourists return to shop in Hong Kong

The return of mainland tourists helped drive Sa Sa’s turnover up by 25 per cent to HK$4.37 billion, with sales in Hong Kong and Macau increasing by 35 per cent …

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Wheels India Ltd: Wheels India records 64.3 per cent rise in Q4 net at Rs 36.8 crore

by Horatio Thompson
Wheels India Ltd: Wheels India records 64.3 per cent rise in Q4 net at Rs 36.8 crore

Wheels India Ltd has reported a 64.3 per cent rise in its net profit for the January-March 2024 quarter at Rs 36.8 crore on the back of exports doing well, …

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Singapore Airlines staff to get nearly 8 months of bonus after record profit

by Walter Watson
Singapore Airlines staff to get nearly 8 months of bonus after record profit

The airline said that near-term demand for flights remains healthy as robust appetite for travel delivered a record full-year profit that even beat estimates despite a marginally weaker fourth quarter. …

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India, South Asia ‘squandering demographic dividend’, World Bank says

by Walter Watson
India, South Asia ‘squandering demographic dividend’, World Bank says

Job creation in South Asian economies is not keeping pace with the rise in the working age population, putting the region on a path that risks “squandering its demographic dividend”, …

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Standard Chartered 2023 profit jumps 18%, beating market estimates

by Anas Siddiqui
Standard Chartered 2023 profit jumps 18%, beating market estimates

Standard Chartered, one of Hong Kong’s three currency-issuing banks, reported an 18 per cent jump in profit, beating street estimates due to higher interest margins, while impairment charges on account …

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BMO raises dividend, even as profits slump and loan loss provisions increase

by Anas Siddiqui
BMO raises dividend, even as profits slump and loan loss provisions increase

BMO Financial Group raised its dividend as it reported its fourth-quarter profit fell compared with a year ago. The bank said Friday it will now pay a quarterly dividend of …

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Bad loans piling up at big banks as TD, Royal and CIBC reveal quarterly numbers

by Anas Siddiqui
Bad loans piling up at big banks as TD, Royal and CIBC reveal quarterly numbers

Three of Canada’s biggest lenders posted quarterly earnings on Thursday, and as was the case at Scotiabank earlier in the week, they’re all putting a lot more money aside to …

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Craig Jelinek CEO Of Costco Will Retire. Ron Vachris Is New CEO.

by Anas Siddiqui
Craig Jelinek CEO Of Costco Will Retire. Ron Vachris Is New CEO.

President, Ron Vachris, has been with Costco for more than 40 years.(AP Photo/David Zalubowski, … [+] File) Copyright 2022 The Associated Press. All rights reserved. Ron Vachris, President and COO …

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