3Q16

SINGAPORE (Nov 8): Chip Eng Seng has posted a 57.9% decline in earnings to $5.7 million in 3Q as compared to $13.6 million a year ago.  

SINGAPORE (Nov 7): CNMC Goldmine has posted earnings of $1.76 million for the quarter, 3.6% lower than $1.83 million a year ago due to lower revenue as well as higher production costs from a stop-work order it received from authorities in Kelantan in July

SINGAPORE (Nov 7): HLH Group, the owner of cassava plantations and property developer, posted earnings of $0.6 million for 3Q16, 68% down from earnings of $1.9 million the year before.

SINGAPORE (7 Nov): NRA Capital is maintaining its “overweight” call on Pan-United with a fair value of 70 cents, citing its 3Q16 results exceeded expectations.

SINGAPORE (Nov 4): GSH Corp posted a 98.4% fall in 3Q earnings to $0.1 million from $6.5 million a year ago on lower income and fair value loss on a financial derivative product.

SINGAPORE (Nov 4): Direct-selling company Best World reported 3Q earnings more than doubled to $8.9 million from a year ago from higher sales from direct selling.

SINGAPORE (3 Nov): Secura posted a 60.9% fall in 3Q earnings to $369,000 from a year ago due to the increase in administrative expenses from the acquisition of the SSPL Group, and the decrease in government grants under the Wage Credit Scheme.

SINGAPORE (Nov 3): Hyflux saw a tripling of 3Q earnings to $21.5 million, or 0.38 cents per share, from $6.4 million a year ago on higher revenue.

SINGAPORE (Nov 2): Rowsley, the company controlled by Singapore billionaire Peter Lim, swung back into the black in 3Q16 with earnings of $5.4 million, compared to a loss of $4.2 million a year ago.

SINGAPORE (Nov 2): StarHub reported a 27.6% fall in earnings to $86 million in 3Q from a year ago.