1Q results

Broker's Calls

Accumulate ComfortDelGro on dips given good track record: UOB

SINGAPORE (May 28): UOB Kay Hian recommends investors "buy" ComfortDelGro (CDG) on dips with a target price of $2.77 following the group’s results announcement.

Results

Kingsmen posts 47.4% drop in 1Q earnings to $0.2 mil on higher expenses

SINGAPORE (May 15): Kingsmen Creatives saw earnings decline 47.4% to $234,000 in 1Q19 from $445,000 in 1Q18 on higher expenses.

Results

UMS posts 38% drop in 1Q earnings to $7 mil on lower revenue

SINGAPORE (May 15): UMS Holdings reported 1Q19 earnings fell 38% to $7.0 million from $11.4 million in 1Q18.

Results

Delfi posts 21.6% growth in 1Q earnings to $12.6 mil on higher revenue

SINGAPORE (May 14): Delfi reported 1Q19 earnings ended March increased 21.6% to US$9.2 million ($12.6 million) from US$7.6 million in 1Q18.

Broker's Calls

EC World REIT's positive 1Q earnings and accretive acquisition of Fuzhou E-Commerce keep it at 'buy'

SINGAPORE (May 14): EC World REIT (ECW REIT) on May 10 announced a 2.2% increase in its 1Q19 DPU to 1.501 cents, compared to 1.469 cents in 1Q18.

Results

Tiong Seng posts 73% drop in 1Q earnings to $1.3 mil

SINGAPORE (May 13): Tiong Seng Holdings announced that its 1Q19 earnings have dropped by 73% to $1.3 million, compared to $4.9 million in 1Q18.

Results

Fragrance Group sinks into the red with 1Q loss of $3.7 mil on lower revenue, higher finance costs

SINGAPORE (May 13): Fragrance Group recorded a loss of $3.7 million in 1Q19, compared to earnings of $8.5 million in 1Q18.

Results

Food Empire posts 6.6% increase in 1Q earnings to $10.5 mil on lower expenses

SINGAPORE (May 10): Food Empire announced that its 1Q19 earnings rose 6.6% to US$7.7 million ($10.5 million) from US$7.2 million in 1Q18.

Results

UOL posts 5% decrease in 1Q earnings to $72.4 mil

SINGAPORE (May 10): UOL Group reported 1Q19 earnings of $72.4 million, 5% lower from $76.1 million in 1Q18, supported by a higher proportion of overseas profits with higher taxes and profits with higher non-controlling interests.

Results

Singapura Finance's 1Q earnings surge more than threefold to $4.1 mil on higher interest income and writeback on loan impairment losses

SINGAPORE (May 10): Singapura Finance reported 1Q19 earnings surged more than threefold to $4.1 million from $1.2 million in 1Q18.
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