ACN Newswire

Apple reports 2023Q1 results, Cook says supply problems resolved

indie
3 minutes

HONG KONG, Feb 14, 2023 - (ACN Newswire via SEAPRWire.com) - Earlier this month, Apple Inc. (AAPL) released earnings for first quarter that decreased from the same period last year and missed Wall Street expectations driven by a combination of a stronger US dollar, global economic malaise, and more strife at its China factories. The Revenue for the quarter fell 5.49% to US$117.15 billion from US$123.95 billion last year, earnings US$1.88 per share, below the US$1.94 expected by market analysts. Although this is the first revenue decline since 2019, there are also bright spots in Apple's financial results. On a geographic basis, the revenue in Greater China increased 54.5% from the same period last year to US$23.905 billion, due to the strong sales of new models launched in late September. Apple was the only major smartphone vendor to record month-to-month growth in October, accounting for 25% of the Chinese market, according to Counterpoint Research. With the end of zero-COVID policy, China's consumer confidence is gradually recovering.It was reported that Apple sold 26.09 million units of the iPhone 14 series in the first two months after its release. Most of the smartphones are p...

ACN Newswire

Apple reports 2023Q1 results, Cook says supply problems has resolved

indie
3 minutes

HONG KONG, Feb 14, 2023 - (ACN Newswire via SEAPRWire.com) - Earlier this month, Apple Inc. (AAPL) released earnings for first quarter that decreased from the same period last year and missed Wall Street expectations driven by a combination of a stronger US dollar, global economic malaise, and more strife at its China factories. The Revenue for the quarter fell 5.49% to US$117.15 billion from US$123.95 billion last year, earnings US$1.88 per share, below the US$1.94 expected by market analysts. Although this is the first revenue decline since 2019, there are also bright spots in Apple's financial results. On a geographic basis, the revenue in Greater China increased 54.5% from the same period last year to US$23.905 billion, due to the strong sales of new models launched in late September. Apple was the only major smartphone vendor to record month-to-month growth in October, accounting for 25% of the Chinese market, according to Counterpoint Research. With the end of zero-COVID policy, China's consumer confidence is gradually recovering.It was reported that Apple sold 26.09 million units of the iPhone 14 series in the first two months after its release. Most of the smartphones are p...

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Trintech Celebrates the 10-Year Anniversary of Cadency(R) by Trintech

indie
4 minutes

DALLAS, TX, Nov 11, 2022 - (ACN Newswire via SEAPRWire.com) - "The Avengers(TM)" came together in 2012 and have defeated numerous villains over the last 10 years. Similarly, Trintech's finance and technology experts also came together in 2012 to launch Cadency(R) - the world's first end-to-end Record to Report SaaS solution transforming the way enterprise finance and accounting professionals around the world close their books. Since then, Trintech has been laser-focused on continuing to help the Superheroes of Finance and Accounting defeat manual work by standardizing, streamlining, and automating their financial close processes."The Office of the CFO has evolved considerably over the last ten years, with CFOs serving as key superheroes within their organizations. Today, we celebrate the 10-year anniversary of Cadency and the role it has played in helping global organizations vanquish compliance headaches, rescue un-reconciled balance sheets, and bring peace to the world of transaction matching," said Teresa Mackintosh, CEO of Trintech. "The last three years have asked even more from the Office of Finance, as the pandemic introduced new challenges and increased expectations to conq...

JCN Newswire
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TOYOTA GAZOO Racing going for gold in Greece

ruth
5 minutes

TOKYO, Sep 2, 2022 - (JCN Newswire via SEAPRWire.com) - The TOYOTA GAZOO Racing World Rally Team aims to return to the top step of the podium on the legendary Acropolis Rally in Greece on September 8-11, round 10 of the 2022 FIA World Rally Championship.2022 GR YARIS Rally1 HYBRIDMap Acropolis Rally Greece 2022The Acropolis returned to the WRC calendar in 2021, having been an almost permanent fixture up until 2013 with a reputation for rocky mountain roads and high temperatures which combine to create a tough challenge for the cars, tyres and drivers.Kalle Rovanpera, who won the event at the first attempt last year, has a lead of 72 points with four rounds remaining and the possibility to write his name in history in Greece if he can finish the rally on the podium, depending on others' results.After finishing second last time out in Belgium, Elfyn Evans is third in the standings and one of those also still in contention for the drivers' title. Following two podiums in the last two rounds, Esapekka Lappi will contest the Acropolis for the first time since 2014, while Takamoto Katsuta will make his event debut with TGR WRT Next Generation.This year's rally begins with a Thursday nigh...

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Zijin Mining Announces 2022 Interim Results: Achieved 89.95% Increase in Net Profit Attributable to Owners

indie
6 minutes

HONG KONG, Aug 16, 2022 - (ACN Newswire via SEAPRWire.com) - Zijin Mining Group Co., Ltd. (2899.HK; 601899:SH; "Zijin Mining" or "The Company") announced its interim results for the six months ended 30 June 2022 ("Reporting Period"). The Company realised RMB132.46 billion in operating income, up 20.57% year-on-year, while net profit attributable to owners surged to RMB12.63 billion, representing an increase of 89.95% compared with the same period last year. The profit increase was largely driven by the completion of major mine projects, including Serbia Zijin Mining, Kamoa Copper in the Democratic Republic of the Congo (DRC) and Julong Copper in China, which have commenced production and reached their designated production capacities on schedule. During the reporting period, the production volume of mine-produced copper and mine-produced gold amounted to 410,000 tonnes and 27 tonnes, representing an increase of approximately 70.47% and 22.79%, respectively. Zijin Mining 2022 Interim Results Highlights:For the six months ended 30 June 2022, the Group realised an operating income of RMB132.46 billion, representing an increase of 20.57% compared with the same period last year (same pe...

JCN Newswire
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TOYOTA GAZOO Racing into Africa to defend Safari crown

ruth
5 minutes

TOKYO, Jun 17, 2022 - (JCN Newswire via SEAPRWire.com) - The TOYOTA GAZOO Racing World Rally Team heads to Safari Rally Kenya on June 23-26 with the goal of defending its crown on the iconic African event.2022 GR YARIS Rally1The Safari made a long-awaited comeback to the FIA World Rally Championship calendar in 2021 when Sebastien Ogier led a one-two finish for TOYOTA GAZOO Racing. Ogier is making Kenya his third WRC appearance of the 2022 season as the team targets a 10th victory on the event for the Japanese marque.The team's first priority is to return to the podium after a challenging previous round in Sardinia, although Kalle Rovanpera still left the Italian island having increased his drivers' championship lead to 55 points. Both Rovanpera and Elfyn Evans will be motivated for the trip to Kenya after experiencing its pitfalls on their debuts there last year. Takamoto Katsuta, on the other hand, travels back to the scene of his maiden podium finish (after finishing second to Ogier one year ago) as he looks to continue his 2022 scoring streak for TGR WRT Next Generation.Having previously featured incredibly long stages on roads that were still open to the public, today's Safari...

SeaPRwire

Internationally Renowned Artists, Gillie and Marc Are Back with Their Biggest Sculpture in the Coming ‘Love The Last March’ in Singapore

aseanpr
8 minutes

'Love The Last March', The World's Largest Public Sculpture Is Marching to Save All Wildlife Singapore, May 26, 2022 - (SEAPRWire) - On National Endangered Species Day 2023 (19th May), Singapore will play host to the largest sculpture in the world - Love The Last March. Snaking through the acclaimed horticultural attraction, Gardens by the Bay; a total of 45 world's most endangered species led by a great mountain gorilla, will be marching together. Depicting the greatest animal march on earth planet, it aims to bring awareness to the massive rate of wildlife extinction and to help save the animal kingdom. Internationally renowned artists, Gillie and Marc are back with their biggest sculpture yet. Well known for their monumental public sculptures of wildlife such as The Last Three for Northern white rhino and King Nyani for gorillas, they have been bringing awareness to wildlife through their art for decades. Why do they march? They march for solidarity. They march for power. And they march to affect change. They have seen how a march can revolutionise our society; Gandhi's salt march in 1930, the march on Washington in 1963, and the march for science in 2017, to name just a few. In...

JCN Newswire
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TOYOTA GAZOO Racing Back in Action on Challenging Croatian Roads

ruth
6 minutes

TOKYO, Apr 15, 2022 - (JCN Newswire via SEAPRWire.com) - The TOYOTA GAZOO Racing World Rally Team will aim to build upon its positive start to the FIA World Rally Championship's new hybrid era when the 2022 season resumes for round three at the Croatia Rally on April 22-24.2022 GR YARIS Rally1The team currently leads the manufacturers' championship with Kalle Rovanpera heading the drivers' standings after claiming the first victory for the GR YARIS Rally1 on the previous round in Sweden in February. Elfyn Evans has been among the pacesetters so far and will be keen to get back on the podium in Croatia, where he was part of a thrilling final-stage showdown with team-mate Sebastien Ogier when the country made its WRC debut one year ago.With the event not forming part of Ogier's programme of selected rallies for 2022, Esapekka Lappi again completes the TGR WRT line-up after finishing third on his comeback in Sweden. Fourth in Sweden was Takamoto Katsuta, who continues his full campaign with TGR WRT Next Generation on a rally he claimed two stage wins on in 2021.After the two winter rounds in Monte Carlo and Sweden, Croatia provides the first pure asphalt test for the new Rally1 cars. ...

JCN Newswire
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Dakar Victory for TOYOTA GAZOO Racing as Al-attiyah/Baumel Take the Win

ruth
6 minutes

TOKYO, Jan 17, 2022 - (JCN Newswire via SEAPRWire.com) - TOYOTA GAZOO Racing's Nasser Al-Attiyah and co-driver Mathieu Baumel brought their GR DKR Hilux T1+ home safely on the final stage of the 2022 Dakar Rally to win the event overall by 27min 46sec. This is the Qatari driver's second victory for the team, having previously won the event in 2019. At the same time, Henk Lategan and Brett Cummings won the closing stage of the rally, beating the opposition by 49sec.For Nasser and Mathieu, the final stage presented few real problems, despite challenging navigation. The pair had taken the lead in the rally during the opening stage of the event, and were never in danger of relinquishing that position. They won the prologue for the 2022 edition of the rally on January 1st, and powered to two more stage wins on their way to overall victory.This victory is significant for Nasser, as he has expressed the hope to win in the Arab world since the Dakar first moved to Saudi Arabia in 2020. He came agonisingly close in both 2020 and 2021, before securing his first win in Saudi Arabia in 2022. At the same time, the victory means a lot to the team who developed the new GR DKR Hilux T1+, which fea...

ACN Newswire
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Gemilang International Limited secures contract to deliver 140 units of fully-electric school buses to USA in 2022

indie
3 minutes

JOHOR, MALAYSIA, Jan 6, 2022 - (ACN Newswire via SEAPRWire.com) - Gemilang International Limited ("GML") - an Asia-leading bus and bus body manufacturer, is expected to deliver 140 units of fully-electric school buses to California, USA in 2022, as it continues to drive its mission to promote the adoption of environmentally-friendly solutions for buses and bus bodies.Based in Johor, GML has designed and manufactured bus bodies, and assembled buses for over 30 years. Its notable projects recently include the Iskandar Malaysia Bus Rapid Transit (IMBRT), Sarawak's 1st electric city bus for Kuching Metro, and an electric bus pilot project by the Sabah government for public transport.GML has also been supplying aluminium buses for Go KL, Rapid KL, Rapid Penang and MRT feeder buses for the last 13 years.The Hong Kong listed company (Stock Code: 6163.HK) said it has been supplying EV buses to the USA since 2016, while the market was still predominantly using fossil fuel powered vehicles."In fact, GML has been supplying bus bodies for various EV makers such as BYD and CRRC to several markets including Malaysia, Singapore, Australia since 2015, and we expect more countries to catch up with ...

SeaPRwire

Youth molested niece as he was addicted to hentai – a manga genre that has sexually explicit images

aseanpr
2 minutes

SINGAPORE - A youth who molested his young niece three times last year told police investigators that he committed the offences as he was addicted to hentai - a genre of Japanese manga and anime characterised by sexually explicit images. The Malaysian offender, who turned 20 in August this year, targeted the girl who was between six and seven years old at the time. The court heard that her mother is his older sister. The youth, who pleaded guilty to three counts of molestation on Friday (Dec 17), cannot be named due to a gag order to protect the victim's identity. Deputy Public Prosecutor Grace Teo said the offender moved to Singapore in March last year to live with his older sister and the victim. He later molested the child on two occasions while she was sitting on his lap. The youth, the victim and her mother were at a friend's home on June 27 last year when the mother saw her daughter sitting on the offender's lap, watching an anime show on his tablet. The woman thought that they looked as though they were "hiding something" from her and confronted her brother who admitted to molesting the girl. The mother alerted the police two days later and he told them that he molested his ...

SeaPRwire

Selected bus and train services to be extended on New Year’s Eve

aseanpr
1 minute

SINGAPORE - Revellers on New Year's Eve need not cut short their celebrations, with selected bus and train services extended on Dec 31 to allow commuters to return home, said SBS Transit on Friday (Dec 17). Train services on the Downtown Line (DTL) and North East Line (NEL) will be extended by about an hour. The last train on the DTL leaving Bukit Panjang station for Expo station will depart at 12.37am, while the last train in the other direction will leave at 12.41am. The last train on the NEL towards Punggol will depart from HarbourFront station at 1am, while the last train in the other direction will leave at 12.32am. The Sengkang-Punggol Light Rail Transit service will also run later until after the last NEL trains arrive at the town centre stations. To complement the extension of train operational hours, the last bus timings will also be extended for several services. This applies to 24 bus services under SBS, namely 60A, 63M, 114A, 181, 222, 225G, 228, 229, 232, 238, 240, 241, 243G, 261, 269, 291, 292, 293, 315, 325, 410W, 804, 812 and 974A. More on this topic Related Story New stops along Changi Business Park Vista, Aviation Park Road for SBS bus services 20 and 35 Related S...

SeaPRwire

Contact-free digital payments see big jump with Covid-19

elean
1 minute

SINGAPORE - More people are turning to digital payments amid Covid-19, with the volume of PayNow transactions set to far surpass that of last year. It has already hit $64 billion in value from January to October, well up on the $25 billion recorded in the same period last year, the Association of Banks in Singapore (ABS) told The Straits Times. The amounts cover both retail and corporate users. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

Consumers more likely to fall victim to phishing SMSes, says expert

aseanpr
1 minute

SINGAPORE - The gross merchandise value in Singapore's e-commerce sector is projected to increase by 45 per cent from $6.7 billion last year to $9.7 billion this year, according to an Internet economy research report by Temasek, Google and Bain & Company. Product categories featured in the study include consumer electronics, home and living, and beauty and personal care. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire

New lawyer for bus drivers tells court they are continuing with lawsuit against SBS Transit

aseanpr
3 minutes

SINGAPORE - Lawyer Lim Tean, who has taken over the case of 13 bus drivers suing SBS Transit over overtime pay, told the High Court on Monday (Nov 29) that his clients intend to continue with the legal action. This comes a week after a dramatic hearing last Monday on what was to be the first day of trial, when the drivers' former lawyer, Mr M. Ravi, accused Justice Audrey Lim of being biased and asked her to recuse herself. Mr Ravi also called the transport operator's lawyer, Senior Counsel Davinder Singh, a "clown", and said that he and his client, Mr Chua Qwong Meng, would be "discharging" themselves. Mr Chua, 62, is the lead plaintiff, whose suit is being heard as a test case. The court's decision and findings will be binding on the others. He issued a statement last Tuesday, saying that the drivers were "very embarrassed" by Mr Ravi's behaviour and have discharged him as their lawyer. On Monday, Mr Lim told Justice Lim: "It was never Mr Chua's intention to apply for your honour to recuse yourself. What happened last Monday struck Mr Chua like a thunderbolt." Mr Lim said he was contacted last Wednesday and agreed to represent Mr Chua. He confirmed that Mr Chua intended to contin...

SeaPRwire

Evergrande chief’s luxury assets in focus as his company scrambles to pay debts

elean
4 minutes

HONG KONG (REUTERS) - As developer China Evergrande Group scrambles to meet its debt obligations, its founder is freeing up funds from luxury assets including art, calligraphy and two high-end homes, according to filings and a source. The Chinese authorities have told Evergrande chairman Hui Ka Yan, 63, to use some of his personal wealth to help pay bondholders, two separate people with knowledge of the matter told Reuters last month. Evergrande's troubles in meeting bond repayments have rattled markets and left many of its investors, creditors and suppliers in financial chaos. Mr Guo Hui, whose cleaning business is owed more than 18 million yuan (S$3.8 million) by Evergrande, had to sell his Porsche Cayenne and an apartment to raise cash and pay debts. "He should be selling his things," Mr Guo told Reuters. "He had no choice once the authorities made him." Mr Hui pledged one of his Hong Kong mansions of around 5,000 sq ft in The Peak, Hong Kong's most prestigious residential enclave, for a loan from China Construction Bank last month, according to a filing with Hong Kong's Land Registry. Around HK$300 million (S$52 million) was raised to repay an overdue Evergrande bond, local med...