1Q earnings

Results

TA Corp swings into 1Q losses of $1.7 mil on lower revenue

SINGAPORE (May 8): TA Corporation, the property and construction group, recorded a loss of $1.69 million in 1Q18 compared to earnings of $1.65 million in 1Q17.

Results

Perennial posts 86.7% drop in 1Q earnings to $5.1 mil on absence of one-off gain

SINGAPORE (May 8): Perennial Real Estate Holdings saw its earnings plunge 86.7% to $5.1 million for the 1Q ended March, from $38.7 million a year ago.

Results

Riverstone sees 7.6% drop in 1Q earnings to $10.5 mil on lower margins

SINGAPORE (May 8): Cleanroom and healthcare gloves manufacturer Riverstone Holdings posted a 7.6% decline in earnings to 31.1 million ringgit ($10.5 million) for the 1Q ended March, from 33.6 million ringgit a year ago.

Results

World Class Global's 1Q earnings tumble 82% to $0.3 mil on forex loss

SINGAPORE (May 7): World Class Global saw its earnings plunge 82% to $0.3 million for the 1Q ended March, from $1.9 million a year ago.

Results

AF Global posts 1Q earnings drop 45% to $1.56 mil

SINGAPORE (May 7): AF Global reported 1Q18 earnings declined by 45% to $1.56 million, compared to $2.84 million in 1Q17.

Results

Delfi posts 33.1% rise in 1Q earnings to $10.1 mil on higher revenue

SINGAPORE (May 7): Chocolate confectionery company Delfi saw its earnings grow 33.1% to US$7.6 million ($10.1 million) for the 1Q ended March, from US$5.7 million a year ago.

Results

OKP posts 43.7% drop in 1Q earnings to $2.8 mil

SINGAPORE (May 7): Infrastructure and civil engineering firm OKP Holdings recorded a 43.7% decline in earnings to $2.8 million for the 1Q ended March, from $5.1 million a year ago.

Results

Halcyon Agri's 1Q earnings plunge to $0.4 mil on lacklustre rubber market

SINGAPORE (May 7): Halcyon Agri saw its earnings plummet 98.3% to US$0.3 million ($0.4 million) for the 1Q ended March, from US$15.3 million a year ago.

Results

United Engineers posts 1Q earnings increase by 3% to $9.0 mil on lower costs

SINGAPORE (May 7): United Engineers reported a 3% rise in 1Q18 earnings to $9.0 million compared to $8.72 million in 1Q17.

Broker's Calls

LMIRT kept at 'reduce' as it suffers drag from higher costs and taxes

SINGAPORE (May 7): CGS-CIMB Securities is maintaining its “reduce” call on Lippo Malls Indonesia Retail Trust (LMIRT) with a target price of 33 cents.
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