Southeast Asian corporate profits weather Trump tariff storm
Companies
Capital A, Gulf Development and Thai Airways emerge as winners after overhauls
U.S. President Donald Trump at the ASEAN summit in Malaysia in October. © Reuters
BANGKOK/SINGAPORE/HANOI — Net profits of listed Southeast Asian companies grew last year as big players in key industries like aviation and chemicals benefited from retooling their groups while the blow from U.S. tariffs proved lighter than feared.