1Q results

Broker's Calls

Small is beautiful for Roxy-Pacific

SINGAPORE (May 15): OCBC Investment Research is reiterating its “buy” rating on Roxy-Pacific with a fair value estimate of 60 cents.

Broker's Calls

Launch of Amber45 and The Tre Ver to give UOL a boost

SINGAPORE (May 15): OCBC is keeping its “buy” recommendation on UOL Group with a far value estimate of $10.63.

Broker's Calls

First Resources earnings held back by inventory build-up

SINGAPORE (May 15): RHB is reiterating its “neutral” call on First Resources with a fair value estimate of $1.75.

Broker's Calls

Singapore O&G still growing strong

SINGAPORE (May 15): Phillip Capital is maintaining its “accumulate” recommendation on Singapore O&G (SOG) with a target price of 42 cents.

Results

Banyan Tree sees 1Q earnings soar to $20.2 mil on one-off gain

SINGAPORE (May 14): Banyan Tree Holdings saw its earnings surge to $20.2 million for the 1Q ended March, from $1.2 million a year ago.

Results

Sunpower returns to profitability with 1Q earnings of $17.3 mil

SINGAPORE (May 14): Sunpower Group recorded 1Q18 earnings of RMB 82.3 million ($17.3 million), compared to a loss of RMB 83.5 million.

Results

First Resources posts 43% drop in 1Q earnings to $37 mil on lower revenue

SINGAPORE (May 14): First Resources reported 1Q18 earnings declined 42.8% to US$27.7 million ($37.0 million) from US$48.5 million in 1Q17.

Property

Wheelock Properties' 1Q earnings jump more than threefold to $30.8 mil on profits from associates

SINGAPORE (May 14): Wheelock Properties announced 1Q18 earnings increased more than threefold to $30.8 million, compared to $9.19 million in 1Q17 on higher share of profit of associates.

Results

Fu Yu Corp posts 3.2% rise in 1Q earnings to $0.5 mil

SINGAPORE (May 14): Fu Yu Corporation posts a 3.2% rise in earnings to $0.55 million for the 1Q ended March, from $0.53 million a year ago.

Results

CNMC Goldmine's 1Q earnings surge ninefold to $0.71 mil

SINGAPORE (May 14): CNMC Goldmine says 1Q18 earnings surged almost ninefold to US$0.53 million ($0.71 million), compared to US$0.05 million in 1Q17.
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