1Q19

Results

OKP Holdings 1Q earnings fall 62% to $1.1 mil on lower revenue

SINGAPORE (May 6): OKP Holdings posted earnings of $1.1 million for the 1Q ended March, falling 62.4% from earnings of $2.8 million in 1Q18 on lower revenue and gross profit, together with a share of loss of associated companies and joint ventures.

Broker's Calls

UOB valuations & yield still deemed attractive after share price run-up

SINGAPORE (May 6): Jefferies, DBS Vickers Securities and RHB Research are maintaining their “buy” calls on United Overseas Bank (UOB) with the respective price targets of $31, $29.20  and $30.80 following last week’s release of the bank’s 1Q19

Results

StarHub reports 14.2% lower 1Q earnings of $54 mil due to higher expenses

SINGAPORE (May 3): StarHub reported earnings of $54 million for the 1Q ended March, 14.2% lower compared to a year ago due to higher operating expenses. 

Results

Great Eastern's 1Q earnings more than double to $342.7 mil on favourable market conditions

SINGAPORE (May 3):  Great Eastern Holdings, a member of the OCBC Group, saw its earnings for 1Q19 more than double y-o-y to $342.7 million from $152.9 million due to higher non-operating profit and profit from shareholders’ fund.

Results

UOB reports 8% higher 1Q earnings of $1.05 bil on interest income growth

SINGAPORE (May 3):  UOB Group reported earnings of $1.05 billion for the 1Q ended March, up 8% from a year ago on higher net interest income.  

Results

OUE Hospitality Trust's 1Q DPU down 6.3% to 1.18 cents on lower revenue

SINGAPORE (May 2): The manager of  OUE Hospitality Trust (OUE HT) has declared a 1Q19 distribution per unit (DPU) of 1.18 cents, declining 6.3% from its DPU of 1.26 cents a year ago due to lower income from the hospitality segment as well as higher expen

Results

SIIC Environment announces 47.3% higher 1Q earnings of $30.3 mil on higher revenue

SINGAPORE (May 2): SIIC Environment has announced 1Q19 earnings of RMB 150.1 million ($30.3 million), rising 47.3% on-year from RMB101.9 million due to higher revenue and lower administrative expenses.

Results

Procurri Corp posts 75% higher 1Q earnings of $1.75 mil on higher revenue & margin

SINGAPORE (May 2): Procurri Corporation reported a 75% rise in 1Q19 earnings to $1.75 million from $1 million previously, due to higher revenue and gross profit margin.  

Results

CapitaLand's 1Q earnings decrease 7.4% to $296 mil on lower contributions from Singapore & China markets

SINGAPORE (April 30): CapitaLand reported earnings of $295.6 million for the 1Q ended March, down 7.4% from 1Q18 earnings of $319.1 million due to lower operating profit after tax and minority interests (PATMI) and lower the write-back of impairments.

Results

China Sunsine's 1Q earnings fall 26% to $22.3 mil in tandem with lower raw material prices

SINGAPORE (April 29): China Sunsine Chemical Holdings announced a 26% y-o-y decrease in 1Q earnings to RMB110.2 million ($22.3 million) from RMB149.5 million a year ago, due to lower revenue as a result of reduced average selling price (ASP) for rubber ch
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