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Society Pass Inc (Nasdaq: SOPA) Reports Breakout 9 Month 2022 and 3Q 2022 Financial Results

indie
6 minutes

SINGAPORE, Nov 15, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), SEA's leading data-driven loyalty, fintech and e-commerce ecosystem, today announces a filing of its 3Q 2022 Form 10-Q with the Securities and Exchange Commission. Please see filing here. https://www.sec.gov/ix?doc=/Archives/edgar/data/0001817511/000160706222000677/sopa093022form10q.htmSummary Points:- Nine months 2022 unaudited revenues grew 2,870% year on year (from $100,823 for nine months ended 30 September 2021 to $2,994,416 for nine months ended 30 September 2022).- Third quarter 2022 unaudited revenues grew 2,354% year on year (from $83,534 for third quarter ended 30 Sep 2021 to $2,050,264 for third quarter ended 30 September 2022).- Third quarter 2022 unaudited revenues grew 311% quarter on quarter (from $499,062 for second quarter ended 30 June 2022 to $2,050,264 for third quarter ended 30 September 2022).- With cash on hand of $23 million on 30 September 2022, SoPa is well capitalised for roll out of Society Pass loyalty platform and continuing acquisitions of Southeast Asia ("SEA") companies in loyalty, lifestyle, food & beverage delivery, telecoms, digital...

JCN Newswire
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Honda Releases Production, Sales and Export Results for December 2021

ruth
2 minutes

TOKYO, Jan 28, 2022 - (JCN Newswire via SEAPRWire.com) - Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the month of December 2021.World ProductionCalendar Year of 2021- Production in Japan experienced a year-on-year decrease for the third consecutive year.- Production in regions outside of Japan experienced a year-on-year decrease for the third consecutive year.- Worldwide production experienced a year-on-year decrease for the the third consecutive year.December 2021- Production in Japan experienced a year-on-year increase for the second consecutive month.- Production in regions outside of Japan experienced a year-on-year decrease for the seventh consecutive month.- Worldwide production experienced a year-on-year decrease for the seventh consecutive month.Sales in the Japanese MarketCalendar Year of 2021- Total Japanese sales experienced a year-on-year decrease for the the third consecutive year.- New vehicle registrations experienced a year-on-year decrease for the fifth consecutive year.- Sales of mini-vehicles experienced a year-on-year decrease for the third consecutive year.- Freed was the industry's nint...

ACN Newswire
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Amid robust wheat prices, Don Agro International upgraded the winter wheat class of its harvest that commands up to USD5 more per tonne

indie
4 minutes

SINGAPORE, Dec 17, 2021 - (ACN Newswire via SEAPRWire.com) - Don Agro International Limited (the "Company" or "Don Agro") and its subsidiaries (collectively the "Group"), one of the largest agricultural companies based in the Rostov region of Russia, is pleased to announce that it has upgraded the winter wheat class of its harvest to third class, commanding up to USD5 more per tonne. With the completion of harvesting works for this year, the Company has harvested 72,300 tonnes of winter wheat as of November 2021, driven by land bank acquisitions and the implementation of innovative technologies.The upgrade in the Company's winter wheat class to third class is due to the increase in the content of protein from approximately 12.5% to 13.5%. Not only does the third class of wheat command an increased pricing of USD1.5 to USD5 as compared to the fourth class, the price of the third class of winter wheat reached USD313 per tonne at the end of November 2021 based on the Chicago Board of Trade, representing a 50% year-on-year increase from its price in November 2020. The last time prices of winter wheat were that high was in January 2013."The increase in the yield and quality of our produ...

SeaPRwire

askST: Will I lose fully vaccinated status if I don’t get third Sinovac or Sinopharm dose by Dec 31?

aseanpr
3 minutes

SINGAPORE - Those who have taken their second dose of the Sinovac or Sinopharm vaccine on or before Aug 31 have to get their third dose by Dec 31 if they want to maintain their fully vaccinated status from Jan 1. The Ministry of Health (MOH) said last Thursday (Dec 2) that it has sent SMS reminders to about 70,000 people who are due for their third jab. Unsure about what will happen to your vaccination status if you do not get your third shot by Dec 31? The Straits Times answers your questions. Q: I've had two doses of Sinovac or Sinopharm vaccine. When am I due for my third dose? A: You are eligible for your third dose at least three months after the second dose. Q: Will I lose my fully vaccinated status if I don't get my third dose by Dec 31? A: Those who have taken two doses of either the Sinovac or Sinopharm vaccine will be regarded as fully vaccinated for four months after the second dose, or Dec 31, whichever is later. MOH is reminding those who have taken their second dose at least three months ago to get their third jab before their fully vaccinated status loses validity. If you took your second dose on Nov 1, for example, you will be regarded as fully vaccinated until Feb ...

SeaPRwire

Singapore raises 2021 trade forecasts as non-oil exports grow 9% in Q3

elean
3 minutes

SINGAPORE - Singapore raised its trade forecasts for this year amid better-than-expected performance, robust global semiconductor demand and higher oil prices. Total merchandise trade is now expected to grow between 17 per cent to 17.5 per cent, said Enterprise Singapore (ESG) on Wednesday (Nov 24), up from 12 per cent to 14 per cent previously. It also raised its forecast for non-oil domestic exports (Nodx) to expand between 9.5 per cent and 10 per cent, from 7 per cent to 8 per cent earlier. For 2022, however, trade growth is expected to ease from the high base this year, said ESG. It gave a "cautiously optimistic forecast" of zero to 2 per cent growth for both total merchandise trade and Nodx. Singapore's key trade partners including China, the US and Eurozone are expected to see their growth ease from 2021's pace, though Asean and Japan are forecast to grow faster in 2022, having seen their recovery disrupted in 2021, ESG noted. The World Trade Organisation has forecast global merchandise trade to grow by 10.8 per cent in 2021 and slow to 4.7 per cent in 2022. "Supply-side issues such as semiconductor shortages and port backlogs may strain supply chains and weigh on trade, thou...

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Kingsoft Announces 2021 Third Quarter Results

indie
5 minutes

HONG KONG, Nov 16, 2021 - (ACN Newswire via SEAPRWire.com) - Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2021 ("period under review"). During the period under review, the revenue of Kingsoft increased 8% year-on-year to RMB1,510.2 million. Revenue from online games and others, and office software and services represented 47% and 53% of the Group's total revenue for the third quarter of 2021, respectively. Revenue from the office software and services business for the third quarter of 2021 increased 37% year-on-year to RMB803.7 million. Gross profit for the third quarter of 2021 increased 7% year-on-year to RMB1,241.0 million. Mr. Jun LEI, Chairman of Kingsoft, commented, "Our overall business grew steadily during the quarter. Kingsoft Office Group focused on addressing user needs to enhance its products and services, and continued to pursue its strategy of 'multi-screen, cloud, content, artificial intelligence ("AI") and collaboration'. Meanwhile, our online game business adhered its 'premium' games st...

SeaPRwire

WeWork shows more big losses in its first earnings report as a public company

elean
3 minutes

NEW YORK (NYT) - WeWork reported its first quarterly results as a public company Monday, revealing that its coworking business is still racking up big losses and hemorrhaging cash. But WeWork pointed to an uptick in customer leasing activity in the quarter as evidence that it was positioned to do well in office-space markets that had been upended by the pandemic. WeWork, which became public through a merger last month with a special purpose acquisition company, or SPAC, reported a net loss of US$802 million in the third quarter, an improvement on the loss of US$941 million in the same period a year earlier. WeWork's revenue, however, declined to US$661 million in the latest third quarter, from US$811 million a year earlier. The company reduced its loss by cutting its expenses significantly. WeWork leases huge amounts of office space and then charges its customers - large companies, small businesses and individuals - to use it. Customers might prefer being in a WeWork space because the lease agreements are shorter than for traditional office space, allowing for more flexibility. But the drawback for WeWork is that its customers can move out on short notice. WeWork was on the brink o...

SeaPRwire
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S’pore medical students flag future health crises fuelled by climate crisis in podcast series

aseanpr
5 minutes

SINGAPORE - A group of fledgling doctors are worried that in the future, hospital emergency departments and clinics will be flooded with patients agonised by heat exhaustion and mosquito-borne diseases - victims of climate change. Ms Anbudurai Manisha, 22, a fourth-year student at the National University of Singapore's (NUS) Yong Loo Lin School of Medicine, said: "We medical students are concerned about this because, with the escalation of climate-change impacts or heat-related disasters, the first responders would be us healthcare workers." Ms Manisha is part of a group of medical and healthcare students here who run a podcast called Third Spacing, which delves into healthcare issues and trends in the medicine scene. In each fortnightly 30-minute episode, the students speak to a professor or subject expert about topics such as medical education, and draw from social contexts to understand illnesses. The podcast takes its name from the medical term for the space between cells and vessels in the body, where fluid moves from one area to another. In sociology, the third space is where people meet to unwind and talk about things that matter to them, stated the podcast's website. The la...

SeaPRwire

S’pore’s economic growth moderates to 6.5% year-on-year in Q3: Flash data

elean
4 minutes

SINGAPORE - Singapore's economy expanded at a slower annual pace in the third quarter compared to the previous three-month period when growth was boosted by a low-base effect. Gross domestic product (GDP) rose 6.5 per cent on a year-on-year basis in the July-September period, moderating from 15.2 per cent growth in the previous quarter, said the Ministry of Trade and Industry (MTI) on Thursday (Oct 14). However, on a quarter-on-quarter seasonally-adjusted basis, the economy expanded by 0.8 per cent in the third quarter of 2021, a reversal from the 1.4 per cent contraction in the preceding quarter. MTI said that the strong annual growth recorded in the second quarter of 2021 was largely due to the low base in the corresponding quarter of 2020 when GDP fell by 13.3 per cent due to the Circuit Breaker (CB) measures implemented from April 7 to June 1 2020, as well as the sharp fall in external demand amidst the Covid-19 pandemic. A higher than expected year-on-year growth in the April-June period, plans for a gradual reopening of borders and easing of Covid-19 curbs have raised hopes of a faster economic recovery for Singapore this year. But analysts have also warned that the path to t...

SeaPRwire

Wall Street opens Q4 trading with gains

elean
2 minutes

WASHINGTON (AFP) - US stock indices rose at the end of Friday's (Oct 1) trading to end a rocky week that saw the third quarter end on a sour note. Traders began the first session of the month and the fourth quarter pleased with news of a possible Covid-19 treatment, although the drama in Washington over raising the US debt limit was viewed as curbing some enthusiasm. The benchmark Dow Jones Industrial Average finished 1.4 per cent higher at 34,326.46. The broad-based S&P 500 gained 1.2 per cent to hit 4,357.04. The tech-rich Nasdaq Composite Index climbed 0.8 per cent to 14,566.70. September is both the last month for the third quarter and a notoriously rocky stretch for trading, and the combination of inflation and Covid-19 fears as well as Washington gridlock caused the Dow and Nasdaq indices to post losses for the quarter and the S&P 500 to see only a small gain. October's first session began with government data showing inflation creeping higher in August, but also very welcome news from Merck and partner Ridgeback Biotherapeutics that a clinical trial of their oral antiviral prospect showed about a 50 per cent reduction in the risk of hospitalisation or death from Covid-19. "T...

SeaPRwire

US stocks tumble to end the third quarter with a thud

elean
2 minutes

NEW YORK (AFP) - Wall Street stocks endured another round of selling on Thursday (Sept 30), finishing the third quarter on a sour note amid worries over political uncertainty in Washington. Congress managed to avert a government shutdown, with the House and Senate approving in a bipartisan fashion a stopgap Bill to fund the government several hours before the end of the fiscal year, when the government would have shut down without an agreement. But yawning differences over raising the debt ceiling and President Joe Biden's sweeping infrastructure and social spending agenda remain unresolved. "There are a lot of things that still need to be worked out," said Tom Cahill, a portfolio strategist at Ventura Wealth Management, who said the array of unknowns "is definitely weighing on the market." The Dow Jones Industrial Average dropped 1.6 per cent to 33,843.33. The broad-based S&P 500 shed 1.2 per cent to 4,307.44, while the tech-rich Nasdaq Composite Index declined 0.4 per cent to 14,448.58. The S&P 500 mustered a 0.2 per cent gain for the quarter, but both the Dow and Nasdaq fell modestly. The losses - which were not as steep as those suffered in Tuesday's rout of a session - followe...

SeaPRwire

Suspension of Filipino nurse permits may affect S’pore’s nursing workforce

aseanpr
1 minute

SINGAPORE - The Philippines' move to immediately suspend permits for nurses who want to work abroad could impact Singapore where about a third of the nursing workforce comprises foreign nationals. The decision, coming as the country shores up its healthcare system amid a surge in local cases, affects nurses as well as nursing aides and assistants. Singapore's Ministry of Health (MOH) said that as at end 2019, about 7,600 employees in its nursing workforce were from the Philippines. 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
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More revenue for Singapore’s service sector in Q3 than Q2

elean
3 minutes

Singapore's service sector reported a 9.5 per cent year-on-year drop in receipts in the third quarter, although receipts improved on a quarterly basis compared with the second quarter - the Republic's circuit breaker period - according to the Singapore Department of Statistics (SingStat) yesterday. The third-quarter performance marks a smaller contraction than that seen during the second quarter's year-on-year decline of 13.4 per cent. All industries except information and communications services registered lower business receipts year on year, said SingStat. The figures exclude wholesale and retail trade and accommodation and food services. On a quarter-on-quarter non-seasonally adjusted basis, however, overall business receipts grew 5.4 per cent in the third quarter, compared with the low base of activities due to circuit breaker measures imposed during Singapore's partial economic shutdown in April and May. All industries except financial and insurance reported higher revenue quarter on quarter, SingStat said. Among all the categories, recreation and personal services saw the largest drop of 41.3 per cent in revenue, attributed mainly to companies in the attractions segment. On ...

SeaPRwire
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Singapore raises trade forecasts for 2020; non-oil exports up 6.5% in Q3

elean
3 minutes

SINGAPORE - Singapore's overall trade and non-oil domestic exports (Nodx) are forecast to grow in 2021, in line with predictions that the global economy will expand over the next year from a low base. Total merchandise trade is expected to rise by 1 to 3 per cent for 2021, while Nodx is projected to expand by 0 to 2 per cent, government agency Enterprise Singapore said in its report on Monday (Nov 23). It has also raised its forecast for the Republic's total merchandise trade in 2020, predicting it to shrink at a slower pace of 7 to 7.5 per cent over last year, compared to the -10 to -8 per cent slide forecast in August. 2020 Nodx is tipped to grow by 4 to 4.5 per cent year on year, compared with the previous forecast of 3 to 5 per cent. The revised predictions were made amid better-than-expected performance for specific products such as non-monetary gold and specialised machinery, as well as electronics. Shipments expanded by 6.5 per cent in the third quarter on growth in both electronic and non-electronic Nodx, adding to the 5.9 per cent rise from the previous quarter. This was largely bolstered by growth in non-monetary gold and specialised machinery trade, ESG said. Non-electro...

JCN Newswire
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Showa Denko Announces 2020 Third Quarter Financial Results

ruth
1 minute

TOKYO, Nov 5, 2020 - (JCN Newswire) - Showa Denko K.K. (SDK; TSE:4004) today announced its 2020 third quarter financial results. - 2020 Third Quarter Consolidated Financial Statements and summaryhttps://www.sdk.co.jp/assets/files/english/ir/library/fss2020-3q.pdfAbout Showa Denko K.K.Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/. Copyright 2020 JCN Newswire. All rights reserved....