1Q17

SINGAPORE (May 9): Raffles Education reported net loss attributable to shareholders widened to $9.4 million for the 9M17 ended March from $6.5 million a year ago.

SINGAPORE (May 9): Best World International reported 1Q17 earnings of $9.7 million, representing a 63.1% increase from the $6 million reported in the previous year on higher revenue.

SINGAPORE (May 9): QAF, the multi-industry food company, reported earnings of $14.2 million for the first quarter ended March 31, 13% down from the $16.4 million reported in the same quarter a year ago on the back of lower revenue.

SINGAPORE (May 9): Private investment manager Brandywine Global, a Legg Mason affiliate, is expecting the current period of “remarkable reflation” in the global economy to settle down to a “more gradual, but self-sustaining” economic expansion.

SINGAPORE (May 9): DBS Vickers Securities is maintaining its “buy” rating on Perennial Real Estate holdings with a target price of $1.05, following its strong 1Q17 set of results boosted by gains from its partial divestment of TripleOne Somerset in Ja

SINGAPORE (May 9): Oversea-Chinese Banking Corporation (OCBC) has posted a net profit after tax of $973 million for 1Q17, 14% above $856 million in 1Q16.

SINGAPORE (May 8): CIMB is upgrading Riverstone Holdings to “add” and revising its target price to $1.11 from $0.91.

SINGAPORE (May 5): Roxy-Pacific Holdings, the property and hospitality group, has announced earnings of $5.9 million for the 1Q ended March, 40% down from $9.9 million a year ago.

SINGAPORE (May 5): Property developer GSH Corp sunk into losses of $1.35 million for the first quarter ended March, versus a profit of $2.8 million posted in the same quarter a year ago.