Banks’ first-quarter profits show cautious optimism

Banks’ first-quarter profits show cautious optimism

Several banks posted solid first quarter results at their AGMs despite the profit challenges ahead.
ACB targets 16 per cent credit growth in 2025

ACB targets 16 per cent credit growth in 2025

Asia Commercial Bank (ACB) successfully held its AGM 2025 on April 8.
Banks confident of achieving profit targets

Banks confident of achieving profit targets

With credit growth gaining momentum in the last two quarters of the year, banks are optimistic about meeting their annual profit targets.
Lego profit rises as it gains market share

Lego profit rises as it gains market share

Lego, the world's largest toy maker, said Wednesday that its net profit grew 16 percent in the first half of the year as it gained ground in a slowing market.
Greenfeed reports surge in first-half profit

Greenfeed reports surge in first-half profit

Greenfeed has reported a net profit after tax of $26.3 million for the first half of 2024.
Vinachem bags buoyant performance so far in 2024

Vinachem bags buoyant performance so far in 2024

State-run chemical giant Vietnam National Chemical Group has registered rosy first-half performance, with many member units eyeing stellar profit growth in the year to date.
FPT sees strong growth in first quarter

FPT sees strong growth in first quarter

FPT saw increases in profit and revenue of about 20 per cent in Q1.
Nam Long Group targets $395 million pre-sales

Nam Long Group targets $395 million pre-sales

Nam Long Group is aiming for VND9.5 trillion ($395 million) this year.
Uniqlo operator upgrades full-year net profit forecast

Uniqlo operator upgrades full-year net profit forecast

The operator of Japan's high-street fashion giant Uniqlo on Thursday revised up its full-year net profit forecast to what would be a record performance, citing strong global sales.
HSBC reports 'record profit' of $30.3 bn in 2023

HSBC reports 'record profit' of $30.3 bn in 2023

HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further share buybacks.
Banks remain prudent about 2024 targets

Banks remain prudent about 2024 targets

Despite seeing billion-dollar profits in 2023, many banks remain cautious about their 2024 business targets amid the current economic vulnerabilities.
VIB's profit up 7 per cent on-year

VIB's profit up 7 per cent on-year

Vietnam International Bank (VIB) has announced its results for the first nine months of 2023.
Divergence in profit forecasts likely heading into 2024

Divergence in profit forecasts likely heading into 2024

Multiple securities reports have forecasted that the pre-tax profit of the entire banking industry will experience a deceleration and subsequently exhibit a significant divergence over the next year, but bank stocks are still highly sought after.
VIB's first-quarter profit up 18 per cent

VIB's first-quarter profit up 18 per cent

VIB announced positive results for Q1, with a return on equity of 30 per cent and a strong balance sheet.
Lenders manifest steady trajectory with profit figures

Lenders manifest steady trajectory with profit figures

Although first quarter business results of banks show deceleration compared to the final quarter of 2022, in the current macro context, this still is an encouraging growth.
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