1Q19

SINGAPORE (April 29): Raffles Medical Group (RMG) says Raffles Hospital Chongqing saw around 500 patients over 1Q19 since it opened in January this year. The new hospital currently has between 100 and 150 beds, and the group intends to roll out more beds

SINGAPORE (April 29): Raffles Medical Group (RMG) has announced earnings of $13.65 million for the 1Q ended March, down 13.7% y-o-y from $15.8 million on start-up costs for Raffles Hospital Chongqing.

SINGAPORE (April 28): iFAST Corporation has reported $1.5 million in earnings for the 1Q ended March, down 42.5% from $2.7 million in 1Q18 due to lower revenue.

SINGAPORE (April 25): China Aviation Oil (CAO) has announced 1Q19 earnings of US$26.3 million, down 2.12% y-o-y from US$26.9 million a year ago due to lower revenue.

SINGAPORE (April 22): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has announced a 1Q19 DPU of 0.75 cent, down 14.8% y-o-y from 0.88 cents a year ago due to lower revenue and net property income (NPI).

SINGAPORE (April 19): The manager of CapitaLand Commercial Trust (CCT) has reported a 1Q19 distribution per unit (DPU) of 2.20 cents, rising 3.8% y-o-y from 2.12 cents due to higher contributions from Gallileo and Asia Square Tower 2.

SINGAPORE (Feb 20): RHB Research is maintaining “neutral” on Kimly Limited with a lower target price of 24 cents after lowering FY19F PATMI by 5% and says it sees limited potential upside to the stock despite its reasonable valuations.

SINGAPORE (Feb 15): CGS-CIMB Research is maintaining its “add” call on Jumbo Group while lowering its target price to 52 cents from 54 cents previously to reflect 2-3% lower FY20-21F EPS on the account of weaker China operations.

SINGAPORE (Jan 30): Property developer Keong Hong Holdings saw its earnings double y-o-y to $4 million in 1Q19 from $1.8 million, mainly due to a $4.4 million share of gain from a joint venture company.