1Q18

Results

Wing Tai's 1Q earnings rise nearly eightfold to $8.2 mil

SINGAPORE (Oct 23): Property group Wing Tai Holdings saw its 1Q earnings ended Sept rise nearly eightfold to $8.2 million from $1.1 million a year ago, on the back of disposal gains and higher contributions from overseas associates.

Results

Lian Beng's 1Q earnings fall 29% to $8.9 mil on revenue decline

SINGAPORE (Oct 12): Construction firm and property developer Lian Beng Group reported earnings of $8.9 million for the 1Q18, down 29.4% from $12.7 million in 1Q17 due to lower profits from its construction segment.

Results

The Hour Glass posts 18% decline in 1Q earnings to $7 mil on one-off expense

SINGAPORE (Aug 14): Luxury watch retailer The Hour Glass Group announced earnings of $7 million for the 1Q18 ended June, down 15% from $8.2 million posted in 1H17 on higher expenses which were largely attributable to a one-time relocation cost.

Broker's Calls

Why mm2 Asia remains a golden ‘buy’ even without cinema deal

SINGAPORE (Aug 14): DBS is reiterating its “buy” call on mm2 Asia after lowering its target price estimate on the stock to 60 cents from 75 cents previously to account for share dilution post its equity fundraising exercise, as well as the cancellatio

Results

mm2 sees 1Q earnings rise 30% to $6.4 mil on higher revenue

SINGAPORE (Aug 14): Entertainment group mm2 Asia has announced earnings of $6.4 million for the first quarter of FY18, up 30% from the $4.9 million in earnings it posted a year ago on higher revenue.

Results

Metro’s 1Q earnings more than double to $25.4 mil on one-off gain

SINGAPORE (Aug 11): Metro Holdings has announced earnings of $25.4 million for 1Q18, which is more than double of the $9.8 million reported in 1Q17.

Results

SingPost reports 13.6% decline in 1Q earnings to $31 mil

SINGAPORE (Aug 4): Singapore Post (SingPost) posted 1Q earnings of $31 million, down 13.6% from $35.9 million a year ago on higher expenses and loss from associated companies and joint ventures.

Results

Stamford Land reports 33% rise in 1Q earnings to $11.1 mil

SINGAPORE (July 28): Stamford Land Corporation has announced earnings of $11.1 million for 1Q18 ended June, up 33% from $8.3 million in 1Q17 on a surge in 1Q revenue.
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