Philippines
General and administrative expenses plunged.
1
KKR-backed GrowSari trims losses in 2023 on cost discipline, higher revenue
2
Malaysia's Sunway plans to list healthcare unit in 2026
3
BYD's quarterly profit falls for first time in over 3 years as price wars bite
4
Key changes at Singapore's Temasek over the past two decades
5
Traditionally early-stage Indian VC Elevation Capital raises $400m for late-stage bets
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Greater China
BYD has faced challenges in recent months as Chinese authorities have called for a halt to a bruising price war.
Cloud revenue surged 26% to 33.40 billion yuan.
India
Employee benefit expenses, which form the bulk of the company’s costs, declined.
The company generated profit for shareholders in only its second year of operations.
Zepto faced rising costs as it scaled last year.
Vietnam
GIC has invested a total of $194m in 315.
The company reported a net loss of $25m in FY2024, down 49% from $49m in FY2023.
Companies in China are reining in ad spending to cut costs.
The company and its subsidiaries reported a net profit of $31.6m.
