Mitsui & Co. Targets Higher Net Profit Through AI and Cross‑Segment Synergies, CEO Says Mitsui & Co. will raise net profit by accelerating cross‑segment synergy and deploying AI to speed …
profit
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Business
Xiaomi reports quarterly profit nearly halved as handset margins shrink, EV ambitions strain capital
by Sato Asahiby Sato AsahiXiaomi’s Q2 Profit Plunges as Memory Costs Bite and EV Push Strains Capital Xiaomi Q2 adjusted net profit fell about 43% as rising memory costs and soft gadget demand squeezed …
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Business
BHP posts 30% profit surge as copper eclipses iron ore earnings
by Sato Asahiby Sato AsahiBHP copper profit jumps 30% as copper overtakes iron ore in annual results BHP’s underlying annual profit rose 30% as copper’s rally pushed the red metal ahead of iron ore, …
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Business
Geely posts 36% profit jump as exports and Zeekr offset China slowdown
by Sato Asahiby Sato AsahiGeely profit rises 36% in Q2 as exports and Zeekr offset weak China demand Geely profit climbed 36% year-on-year in the second quarter as the automaker ramped up exports and …
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Business
Vietnam’s Top Steelmaker Doubles First-Half Profit as Infrastructure Spending Rises
by Sato Asahiby Sato AsahiVietnam public investment surge doubles steel profits, lifts materials and infrastructure firms Vietnam public investment surge lifts materials and infrastructure earnings; the top steelmaker doubled first-half profit as construction demand …
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Business
Weak yen boosts Toyota, Sony and Muji full-year profit forecasts
by Sato Asahiby Sato AsahiWeak yen lifts profits as Toyota, Sony and Muji raise forecasts Toyota, Sony and Muji among Japanese multinationals lifting profit forecasts as the weak yen boosts export earnings and shifts …
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Business
SoftBank posts 18% quarterly profit drop as cheaper Chinese AI models raise financing concerns
by Sato Asahiby Sato AsahiSoftBank Group reports 18% quarterly profit drop amid soaring AI costs and market pressure SoftBank Group quarterly profit fell 18% as rising costs and derivatives losses outweighed investment gains, raising …
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Business
DBS Raises 2026 Earnings Guidance as Q2 Profit Hits Record $2.4bn
by Sato Asahiby Sato AsahiDBS raises 2026 earnings guidance after Q2 net profit climbs 9% to $2.4bn DBS raises full-year 2026 earnings guidance after Q2 net profit rose 9% to a record $2.4bn, driven …
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Business
Honda announces ¥400 billion profit forecast for fiscal 2027 fueled by motorcycle demand
by Sato Asahiby Sato AsahiHonda Motor Raises Full-Year Profit Forecast to ¥400 Billion on Weak Yen and Strong Motorcycle Demand Honda Motor expects ¥400 billion net profit for fiscal year ending March 31, 2027, …
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Business
Honda announces ¥400 billion profit forecast for fiscal 2027 after loss
by Sato Asahiby Sato AsahiHonda profit outlook brightens as company forecasts ¥400 billion net profit for fiscal year ending March 2027 Honda profit outlook improves as the automaker forecasts ¥400 billion net profit for …