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1Q17
Results
Golden Agri’s 1Q earnings fall 60.1% to $52.2 mil on higher expenses and forex loss
SINGAPORE (May 15): Golden Agri-Resources has posted earnings of US$37.5 million ($52.2 million) for the 1Q ended March 31, declining 60.1% from the US$94.1 million earnings announced in the preceding year.
May 15, 2017
Broker's Calls
Long-term growth prospects remain intact for ST Engineering
SINGAPORE (May 15): UOB Kay Hian has downgraded ST Engineering from “buy” to “hold” even as it raised its target price to $3.90 from $3.70 previously.
May 15, 2017
Results
Olam reports 26.6% higher 1Q earnings of $143.9 mil on improved operational performance
SINGAPORE (May 15): Commodities trader Olam International announced $143.9 million in earnings for 1Q17, representing a 26.6% increase from $113.6 million in the previous year.
May 15, 2017
Results
Spackman Entertainment out of the red with 1Q earnings of $7.6 mil
SINGAPORE (May 15): Spackman Entertainment Group reported US$5.4 million ($7.6 million) of earnings for the 1Q ended March 31, reversing from its US$1 million net loss position in the same quarter a year ago on higher revenue.
May 15, 2017
Results
Midas 1Q earnings nearly treble to $5.8 mil on higher revenue
SINGAPORE (May 12): Midas Holdings has announced earnings of RMB28.7 million ($5.8 million) for the first quarter ended March 31, nearly three times up from the RMB10 million posted in the same quarter a year ago on a surge in revenue.
May 12, 2017
Results
Sino Grandness’s 1Q earnings fall nearly sevenfold to $10.8 mil
SINGAPORE (May 12): Sino Grandness Food Industry Group has announced RMB52.8 million ($10.8 million) of earnings for the 1Q ended March 31, down nearly seven times from the RMB360.2 million reported in the same quarter a year ago.
May 12, 2017
Broker's Calls
Food Empire’s positive outlook sustained by the rise of CIS markets
SINGAPORE (May 12): RHB Research is reiterating its “buy” call on Food Empire while raising its target price to 85 cents from 76 cents previously, after the food and beverage (F&B) maker posted a 58.8% rise in 1Q earnings to $8.9 million on Thursday.
May 12, 2017
Results
ST Engineering posts 6% decline in 1Q earnings to $103 mil
SINGAPORE (May 12): ST Engineering announced 1Q17 earnings of $103.4 mil, 6% lower from $110.2 million reported in the previous year on lower revenue.
May 12, 2017
Results
Far East Hospitality Trust’s DPS sinks 13.9% to 0.93 cents in 1Q on lower revenue
SINGAPORE (May 12): The manager of Far East Hospitality Trust (FEHT) has declared a distribution per stapled security (DPS) of 0.93 cents for the first quarter ended March 31, a 13.9% decrease from the 1.08 cents it reported in the same period a year ago
May 12, 2017
Results
Loyz Energy back in the black with 3Q earnings of $0.4 mil on oil price rally
SINGAPORE (May 12): Oil explorer Loyz Energy has announced earnings of US$0.3 million ($0.4 million) for 3Q17, reversing from the US$18.2 million loss posted in the same period a year ago.
May 12, 2017