1Q17

SINGAPORE (May 12): Vard Holdings, the offshore and specialised vessel builder, has posted a loss of NOK27 million ($4.4 million) for the first quarter ended March 31 compared to a gain of NOK43 million in the same period a year ago.

SINGAPORE (May 11): Food Empire Holdings has announced first quarter earnings of US$6.3 million ($8.9 million), up 58.8% from the US$4 million a year ago on higher revenue.

SINGAPORE (May 11): Property group City Developments announced $85.5 million in earnings for the 1Q ended March, 18.9% lower than the $105.3 million it posted in the same quarter a year ago.

SINGAPORE (May 11): Haw Par Corp, the manufacturer of Tiger Balm ointment with interest in the leisure and property sectors, has announced 1Q17 earnings of $17.3 million, up 21.8% from the $14.2 million the year before.

SINGAPORE (May 11): Transport operator SBS Transit posted earnings of $10.2 mil for the 1Q ended March, 26.6% higher compared to the same quarter a year ago.

SINGAPORE (May 11): CIMB Research is maintaining its “hold” recommendation on chocolate confectionery distributor Delfi with an unchanged target price of $2.30, despite the group’s slow start to FY17F with its 1Q results falling short of the researc

SINGAPORE (May 11): RHB has downgraded its call on Fu Yu Corporation from “buy” to “neutral” with a lower target price of 23 cents from 27 cents previously, following a disappointing 1Q17 set of results. 

SINGAPORE (May 11): Satellite communications equipment provider Global Invacom has announced US$0.6 million ($0.85 million) in earnings for the 1Q ended March 31, reversing from its loss of US$0.7 million in the comparable period last year.

SINGAPORE (May 11): Hatten Land, the property development arm of Malaysian conglomerate Hatten Group, reversed to a loss of RM74.2 million ($24.1 million) for the third quarter ended March 31, compared to its RM5.6 million of earnings posted in the same q

SINGAPORE (May 9): Centurion Corporation reported earnings of $10.7 million for the 1Q ended March, 15% up from the $9.4 million of earnings posted a year ago on higher revenue.