3Q17

Results

Vard cuts 3Q losses to $1.5 mil on higher revenue & lower restructuring costs

SINGAPORE (Nov 10): Vard Holdings saw 3Q17 losses narrowed to NOK9 million ($1.5 million) from losses of NOK104 million a year ago on higher sales.

Results

Huan Hsin's 3Q loss narrows 38% to $2.5 mil on lower expenses after downsizing

SINGAPORE (Nov 9): Huan Hsin Holdings, the integrated contract manufacturer of telecommunications and electronic products, saw its 3Q17 loss narrow 38% to $2.5 million from $4 million a year ago on lower expenses.  

Results

Trendlines reports near-doubling of 3Q earnings to $4.1 mil on fair value gains

SINGAPORE (Nov 9): The Trendlines Group saw its earnings for 3Q17 nearly double to US$3 million ($4.1 million) from US$1.6 million a year ago on higher total income due to fair value gains.

Results

TA Corp losses narrow to $4.2 mil in 3Q

SINGAPORE (Nov 9): TA Corp, the property construction group, has reported a loss of $4.2 million for the third quarter ended Sept, a 57.6% improvement from its $10 mil loss posted in 3Q16, mainly due to lower impairment loss on investment properties.

Results

Fragrance Group's 3Q earnings up 35.2% at $4.2 mil on higher turnover

SINGAPORE (Nov 9): Fragrance Group today posted earnings of $4.2 million for 3Q17, up 35.2% on-year from $3.1 million previously on higher turnover with increased contributions from its property development and hotel segments.

Results

SBS Transit's 3Q earnings grow 42% to $11.1 mil on higher revenue

SINGAPORE (Nov 9): SBS Transit posted $11.1 million in earnings for the 3Q ended Sept, representing a 42.1% increase from $7.8 million in the same period a year ago.

Results

Best World posts 36.4% growth in 3Q earnings to $12.2 mil on lower expenses

SINGAPORE (Nov 8): Direct-seller Best World International has announced a 36.4% rise in earnings of $12.2 million for the three months ended Sept, up from $8.9 million a year ago on lower expenses.

Results

Hotung's 3Q earnings grow 11% to $4.2 mil on lower impairment losses and expenses

SINGAPORE (Nov 8): Hotung Investment Holdings announced earnings of NT$93.2 million ($4.2 million) for the third quarter ended Sept, up 11% from NT$84.2 million a year ago.

Results

Broadway Industrial swings back to profitability with $0.4 mil earnings

SINGAPORE (Nov 8): Broadway Industrial Group has swung back into the black in 3Q17 on higher revenue and lower expenses from cost-cutting initiatives.

Broker's Calls

CEO's suspension only a small bump in TalkMed's longer-term outlook, says RHB

SINGAPORE (Nov 8): RHB has downgraded its call on TalkMed Group to “neutral” from “buy” previously while raising its target price from 69 cents to 72 cents, which implies 29 times FY18F P/E.
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