1Q results

Results

SIIC Environment posts 15.2% drop in 1Q earnings to $21.5 mil on one-off listing expenses

SINGAPORE (May 14): SIIC Environment Holdings saw its earnings fall 15.2% to RMB 101.9 million for the 1Q ended March, from RMB 120.1 million a year ago.

Results

Golden Energy and Resources' 1Q earnings up by 40.7% to $35.8 mil on higher revenue

SINGAPORE (May 14): Golden Energy and Resources (GEAR) reported 1Q18 earnings increased by 40.7% to US$26.8 million ($35.8 million), compared to US$19.0 million in 1Q17.

Results

Sakae swings back to profitability with 1Q earnings of $0.3 mil on lower expenses

SINGAPORE (May 14): Sakae Holdings reversed out of the red with earnings of $0.3 million for the 1Q ended March on the back of lower expenses, compared to losses of $1.3 million a year ago.

Results

YHI International sees 1Q earnings more than double to $4.5 mil on one-off gain

SINGAPORE (May 14): Tyre maker YHI International saw its earnings surge to $4.5 million for the 1Q ended March, from $1.8 million a year ago.

Results

Geo Energy posts 39% drop in 1Q earnings to $12 mil on lower sales and higher finance costs

SINGAPORE (May 14): Geo Energy Resources reported 1Q18 earnings ended March fell 39% to US$8.98 million ($12.0 million) from US$14.6 million in 1Q17.

Results

ISDN sees 1Q earnings treble to $5.2 mil

SINGAPORE (May 14): ISDN Holdings saw its earning treble to $5.2 million for the 1Q ended March, from $1.7 million a year ago.

Results

Roxy-Pacific's 1Q earnings up 19% to $7 mil on higher income from associates

SINGAPORE (May 14): Roxy-Pacific reported 1Q18 earnings increased 19% to $7.0 million, compared to $5.91 million in 1Q17.

Results

Sinarmas Land posts 26.3% decline in 1Q earnings to $28 mil on lower revenue

SINGAPORE (May 14): Sinarmas Land saw its earnings fall 26.3% to $28.0 million for the 1Q ended March, from $38.0 million a year ago.

Broker's Calls

CSE Global upgraded by CGS CIMB on higher margins

SINGAPORE (May 14): CGS CIMB Securities is upgrading its recommendation on CSE Global to “add” from “hold” previously with an increased target price of 50 cents.

Broker's Calls

Riverstone kept at 'buy' by CGS CIMB as it gradually shifts costs

SINGAPORE (May 14): CGS CIMB Securities is maintaining its “add” recommendation on Riverstone Holdings with a target price of $1.28.
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