1Q17 results

SINGAPORE (May 12): Banyan Tree reported 1Q earnings more than doubled to $1.2 million from $0.5 million a year ago.

SINGAPORE (May 11): Geo Energy Resources, the Indonesian coal producer, announced 1Q earnings of US$14.6 million ($20.6 million) compared to a loss of US$2.9 million a year ago.

SINGAPORE (May 11): First Resources saw earnings in the first quarter ended March surge by 807.0% to US$48.5 million ($68.4 million), from US$5.3 million a year ago.

SINGAPORE (May 11): The manager of IREIT Global posts distribution per unit (DPU) of 1.44 cents for the first quarter ended March, some 8.9% lower than DPU of 1.58 cents a year ago.

SINGAPORE (May 11): SUTL Enterprise, the marina developer and owner of ONE°15 Marina Club in Sentosa Cove, reported a 1% rise in 1Q earnings to $0.79 million from a year ago due to its focus on cost containment and improving operational efficiencies.

SINGAPORE (May 11): Agribusiness Wilmar International reported a 51% rise in 1Q earnings to US$361.6 million ($509 million).

SINGAPORE (May 11): CSE Global saw earnings of $3 million in the first quarter ended March, a 45.5% decrease from earnings of $5.5 million a year ago.

SINGAPORE (May 11): Tiong Seng Holdings posted a 9.4% increase in earnings to $4.1 million in the first quarter ended March, from $3.7 million a year ago.

SINGAPORE (May 11): Nordic Group, the marine, vessel and offshore oil & gas engineering specialist, saw a 21% rise in earnings to $2.8 million from $2.3 million a year ago.

SINGAPORE (May 9): Challenger Technologies posted a 15% decline in earnings to $3.2 million for the first quarter ended March, from $3.8 million a year ago, on the back of lower revenue.