2Q results

Results

Best World 2Q earnings drop 24% to $9.1 mil on lower revenue; declares 1.2 cents interim dividend

SINGAPORE (Aug 7): Best World reported 2Q18 earnings dropped 23.7% to $9.13 million from $12.0 million in 2Q17.

Results

OKP 2Q earnings plunge 97.8% to $0.1 mil on lower construction revenue, termination of PIE viaduct project

SINGAPORE (Aug 6): OKP Holdings saw its earnings plunge 97.8% to $0.1 million for the 2Q18 ended June, from $5.0 million a year ago.

Results

World Class Global reverses out of the red with 2Q earnings of $1.24 mil

SINGAPORE (Aug 6): World Class Global posted 2Q18 earnings of $1.24 million, reversing out of a $4.80 million loss in 2Q17.

Broker's Calls

DBS keeps Chip Eng Seng at 'fully valued' following positive 2Q earnings results

SINGAPORE (Aug 6): DBS is reiterating its “fully valued” recommendation on construction and property group Chip Eng Seng (CES), with a target price of 75 cents.

Results

UOL posts 21% rise in 2Q earnings to $132.7 mil on UIC consolidation

SINGAPORE (Aug 3): UOL Group reported a 21% increase in earnings to $132.7 million for the 2Q18 ended June, from $109.2 million a year ago.

Results

Challenger posts 2% increase in 2Q earnings to $4 mil on lower expenses; declares 1.1 cents interim dividend

SINGAPORE (Aug 3): Challenger Technologies on Friday announced 2Q18 earnings increased by 2% to $4.0 million compared to $3.91 million in 2Q17 on stronger gross profit margins and lower expenses.

Broker's Calls

UOB's robust 2Q results and new digital bank keeps it at 'buy'

SINGAPORE (Aug 3): RHB is maintaining its “buy” call on United Overseas Bank (UOB) with a target price of $33.30.

Results

OUE Commercial REIT 2Q DPU drops 7.8% to 1.06 cents

SINGAPORE (Aug 2): The manager of OUE Commercial Real Estate Investment Trust (OUE C-REIT) reported 2Q18 DPU dropped 7.8% to 1.06 cents, compared to 1.15 cents in 2Q17.

Results

Shares in DBS drop after suffering worst performance in treasury and markets operation since Piyush took top job

(Aug 2): DBS Group Holdings Ltd. shares fell after second-quarter results suffered from what Chief Executive Officer Piyush Gupta described as the worst performance in its treasury and markets operation since he took the top job almost a decade ago.

Broker's Calls

Earnings growth for China Aviation Oil still remains healthy: RHB

SINGAPORE (Aug 2): RHB is reiterating its “buy” recommendation on China Aviation Oil (CAO) with a target price of $1.80. CAO is also the research house’s Singapore Top Picks.
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