1Q results

Results

Wilmar posts 26% rise in 1Q earnings to $351 mil on improvements in tropical oils and sugar segments

SINGAPORE (May 10): Wilmar International reported 1Q19 earnings came in at US$257.0 million ($350.5 million), 26.4% higher than the US$203.3 million recorded in 1Q18.

Results

Vicom posts 4.8% increase in 1Q earnings to $7.3 mil on higher revenue

SINGAPORE (May 10): Vicom declared 1Q19 earnings of $7.3 million, 4.8% higher than $7.0 million in 1Q18.

Results

iX Biopharma back in the black with 3Q earnings of $7.8 mil on one-off disposal gain

SINGAPORE (May 9): iX Biopharma announced 3Q19 earnings of $7.8 million, compared to a loss of $3.9 million in 3Q18, due to a one-off gain from the disposal of a subsidiary.

Results

Maxi-Cash declares 55% increase in 1Q earnings to $2.8 mil on lower costs and expenses

SINGAPORE (May 9): Maxi-Cash reported 1Q19 earnings of $2.8 million, 55% higher than $1.8 million in 1Q18.

Results

Genting Singapore posts 5% drop in 1Q earnings to $205.5 mil on lower gaming revenue

SINGAPORE (May 9): Genting Singapore (GENS) reported 1Q19 earnings fell 5% to $205.5 million from $217.2 million in 1Q18.

Broker's Calls

New outlet openings to boost Koufu's growth

SINGAPORE (May 9): Food court operator Koufu on Monday announced that its 1Q19 earnings have increased by 12.3% y-o-y to $7.0 million, on the back of a 4.9% y-o-y growth in revenue to $57.8 million.

Results

Haw Par 1Q earnings up 14% to $22.1 mil on higher revenue

SINGAPORE (May 8): Haw Par Corporation, the homegrown multinational group, reported a 14.1% rise in 1Q19 earnings to $22.1 million, compared to $19.3 million in 1Q18.

Broker's Calls

Despite declining revenue, UOB expects Overseas Education to perform well for FY19

SINGAPORE (May 8): UOB KayHian is keeping its “buy” call on Overseas Education (OEL) with a target price of 46 cents.

Results

Sing Holdings 1Q earnings surge fourfold to $9.9 mil on higher sales

SINGAPORE (May 7): Sing Holdings reported 1Q19 earnings increased 306.2% to $9.9 million from $2.4 million in 1Q18 on higher sales.
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