3Q16

SINGAPORE (Nov 1): RHB is downgrading its view on OUE Hospitality Trust (OUE HT) from “buy” to “neutral”, while lowering its target price to 70 cents from 75 cents previously to reflect distribution per unit (DPU) dilution arising from its 1-for-3

SINGAPORE (Oct 31): Property developer Top Global sunk to a loss of $126,000 in 3Q16 from earnings of $984,000 a year ago.

SINGAPORE (Oct 28): Roxy-Pacific saw 3Q earnings tumble 39% to $8.1 million from a year ago as cost of sales outstripped revenue growth.

SINGAPORE (Oct 27): Cambridge Industrial Trust (CREIT) posted a 19% drop in 3Q DPU to 0.987 cents from a year ago while net property income fell 8.3% to $19.9 million. Revenue also fell 2.9% to $27.6 million.

SINGAPORE (Oct 27): Sembcorp Industries reported a drop of 55.9% in 3Q16 earnings to $53.9 million on the back of $13.2 million losses in its marine division and a $46.2 million mark-to-market impairment for Gallant Venture.

SINGAPORE (Oct 26): First Sponsor Group posted a 13.1% growth in 3Q16 earnings to $19.3 million from $17.1 million the year before on higher revenue.

Singapore (Oct 20): MMP Resources has issued profit guidance for its 3Q16 results, cautioning shareholders that it expects a net loss.

SINGAPORE (Oct 20): United Food Holdings has issued a profit guidance for 3Q16, advising shareholders that the company expects a loss for the quarter.

SINGAPORE (Oct 18): Sabana REIT’s 3Q16 results saw DPU falling 32.2% year-on-year to $1.20 from $1.77 a year ago.