1Q19

Broker's Calls

Further acquisition deals, Paragon to serve as key re-rating catalysts for SPH REIT

SINGAPORE (Jan 7): OCBC Investment Research and Maybank Kim Eng are maintaining their “hold” calls on SPH REIT with an unchanged fair value estimate and price target of 99 cents and $1.02, respectively.

Results

Grand Banks Yachts posts 10.1% dip in 1Q earnings on lower revenue, higher expenses

SINGAPORE (Nov 14): Grand Banks Yachts’ net profit for 1Q19 dipped 10.1% y-o-y to $1.1 million from the group’s restated earnings of $1.3 million on the back of lower revenue and higher operating expenses.

Results

Creative Tech sinks into 1Q losses in absence of patent settlement gains

SINGAPORE (Oct 31): Creative Technology reported a loss of US$6.1 million ($8.5 million) for the 1Q ended Sept (1Q19), reversing into the red from its earnings of US$22.8 million in 1Q18 in the absence of other gains recorded in the latter period.

Results

Singtel reports 6.6% lower 1Q earnings of $832 mil

SINGAPORE (Aug 8): Singtel posted 1Q19 earnings of $831.5 million, down 6.6% y-o-y compared to $889.8 million in restated 1Q18 earnings due to weaker results from Airtel and Telkomsel, reduced stake in NetLink NBN Trust, higher withholding taxes and adver

Results

NetLink NBN Trust exceeds projected 1Q19 earnings by 26.9% at $19 mil

SINGAPORE (Aug 3): NetLink NBN Trust reported earnings of $19 million for 1Q19, 26.9% higher than the projected $15 million as disclosed in the group’s IPO prospectus.

Results

The Hour Glass 1Q earnings double to $14.2 mil on improved consumer sentiment

SINGAPORE (Aug 2): The Hour Glass has announced earnings of $14.3 million for the 1Q ended June, doubling from its 1Q18 earnings of $7 million due to improved margins and higher revenue.

Results

Mapletree Industrial Trust posts 2.7% rise in 1Q DPU to 3 cents

SINGAPORE (July 24): The manager of Mapletree Industrial Trust (MIT) has announced a distribution per unit of 3 cents for the 1Q ended June, 2.7% higher than its 1Q18 DPU of 2.92 cents a year ago.

Broker's Calls

Mapletree Logistics Trust kept at 'buy' by OCBC following strong start to FY19

SINGAPORE (July 24): OCBC Investment Research is maintaining its “buy” call on Mapletree Logistics Trust (MLT) with a fair value estimate of $1.34, after its manager posted a set of 1Q19 results which came in line with the research house’s expectati

Results

Yoma sinks into the red in 1Q19 with $15.9 mil loss despite revenue growth

SINGAPORE (July 24): Yoma Strategic Holdings reported a loss of $15.9 million for 1Q19 compared to earnings of $2.8 million a year ago on higher finance expenses, lower other income, as well as greater share of losses of joint ventures and associated comp

Results

Duty Free International reports 40% lower 1Q earnings of $3.1 mil on revenue slips

SINGAPORE (July 11): Duty Free International (DFI) posted earnings of RM9.05 million ($3.06 million) for the 1Q ended May, down 39.9% from RM15.05 million a year ago on lower revenue, donations and the absence of a gain arising from changes in fair value
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