1Q results

Broker's Calls

Analysts buoyant as China Aviation Oil sees growth driven by associates

SINGAPORE (May 10): China Aviation Oil (CAO) yesterday announced that its 1Q18 earnings have increased by 13.9% y-o-y to US$26.91 million ($36.1 million) from a year ago, mainly contributed by a higher share of results from its associated companies.

Results

Global Invacom 1Q earnings drop 46.1% to $0.44 mil

SINGAPORE (May 10): Global Invacom, the fully integrated satellite equipment provider, reported 1Q18 earnings dropped by 46.1% to US$0.33 million ($0.44 million) from US$0.61 million in 1Q17.

Results

Ayondo sinks to 1Q loss of $8.4 mil on IPO, finance costs

SINGAPORE (May 9): Ayondo, the fintech group which made its debut of the SGX Catalist board in March, has posted losses of CHF 6.3 million ($8.4 million) for the 1Q, more than doubling from losses of CHF 2.8 million a year ago.

Results

Trendlines' 1Q losses narrow 22.7% to $1.7 mil

SINGAPORE (May 9): The Trendlines Group posted losses of US$1.3 million ($1.7 million) for the 1Q ended March, improving some 22.7% from losses of US$1.7 million a year ago on the back of lower expenses.

Results

Maxi-Cash posts 39% drop in 1Q earnings to $1.8 mil on higher expenses

SINGAPORE (May 9): Maxi-Cash Financial Services Corporation saw its earnings fall 39% to $1.8 million for the 1Q ended March, from $3.0 million a year ago, on the back of higher expenses.

Results

CSE Global reports 90% jump in 1Q earnings to $5.7 mil on broad-based revenue growth

SINGAPORE (May 9): CSE Global saw its earnings soar 90% to $5.7 million for the 1Q ended March, from $3.0 million a year ago.

Results

Hyflux sinks to 1Q loss of $22.2 mil on lower revenue and absence of one-off gain

SINGAPORE (May 9): Water company Hyflux sank to a net loss of $22.2 million for the 1Q ended March, from a restated net loss of $64,000 a year ago.

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.
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