The company predicted US$308 million (S$410.6 million) to US$313 million in adjusted full-year earnings before interest, taxes, depreciation and amortisation, more than the US$270 million it had forecast earlier.
Earnings for the third quarter ended September on that basis were US$90 million, exceeding the US$66.2 million analysts predicted, and Grab also posted its second net income.
Revenue in 2024 will be as much as US$2.78 billion, Grab said, rather than the up to US$2.75 billion it predicted earlier. Third-quarter revenue rose 17 per cent to US$716 million, compared with the US$697 million that analysts were expecting.
Denne historien er fra November 13, 2024-utgaven av The Straits Times.
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Denne historien er fra November 13, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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New camp for SAF soldiers on Exercise Wallaby in Australia now operational
Singapore soldiers who are on Exercise Wallaby and other training exercises in Australia now have a new camp to support them while they are away from home.
GIC will stay invested in US even as geopolitical tensions rise: SM Lee
It has most dynamic and resilient economy, and is destination of choice for global talent
Jail for man who demanded nearly $400k from workers to renew passes
A man has been jailed for 24 weeks after demanding close to $400,000 from foreign workers for the renewal of their work permits.
Scam syndicates sending foreigners to Singapore to cheat retailers
An emerging trend of foreigners being sent to Singapore by syndicates to commit credit card fraud has raised alarm bells, with retailers across the island being targeted.
6,000 Online listings selling vapes removed in first nine months of 2024
Figure is double that for whole of 2023, on the back of stepped-up enforcement
HPB to test if wearable trackers can help S'poreans better manage health
One project will monitor glucose levels; another will use data for health counselling
Eligible Singaporeans to get cash payouts and MediSave, CPF top-ups in December
Eligible adult Singaporeans in December will receive various monies meant to alleviate cost-of-living pressures, offset healthcare expenses and build up retirement savings.
BACKFLIPPING THEIR WAY TO EQUALITY
The women were competing, finally, at Red Bull Rampage in Virgin, Utah, considered the biggest and gnarliest mountain bike competition in the world.
Biden meets Trump at White House for transition talks
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Song Jae-rim made debut with K-drama The Moon Embracing The Sun
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