Greater China
Net profit rose only 0.7% from a year earlier to 56 billion yuan, falling short of analyst expectations.
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World
“The result is driven by good returns in the equity market,” CEO Nicolai Tangen said.
Singapore
Revenue surged 48.1% to $7.79 billion, while gross profit climbed 47.3% to $3.55 billion.
India
Orders nearly doubled from the previous quarter to about 44,000 units.
Rest of Asia
GPIF’s $2 trillion portfolio is divided equally among domestic bonds, foreign bonds, domestic equities and foreign equities.
SGX performance reflects the strength of its multi-asset strategy.
It made an investment gain of 1.86 trillion yen over the quarter.
It expects Instamart’s GOV to more than quintuple to 1.5tr rupees by fiscal 2031.
Distributable earnings rose 18% YoY.
Indonesia
The proposed divestments include two mergers and four business closures.
