4Q results

SINGAPORE (May 31): Yoma Strategic on Wednesday announced that its 4Q18 earnings have fallen by 86% to $3.5 million from $24.1 million in 4Q17. This brings FY18 earnings to $26.6 million, 25.7% lower than the previous year.

SINGAPORE (May 25): Stamford Land Corporation saw its earnings nearly treble to $25.6 million for the 4Q ended March, from $8.9 million a year ago.

SINGAPORE (May 24): Bukit Sembawang Estates saw its earnings surge ninefold to $21.5 million in the 4Q ended March, from $2.3 million a year ago athough full-year earnings fell 23.7% to $55.3 million.

SINGAPORE (May 23): Engineering services and geo-spatial technology group Boustead Singapore saw its earnings fall 18% to $7.5 million for the 4Q ended March, from $9.2 million a year ago.

SINGAPORE (May 23): Neo Group has reported a 7.8% fall in 4Q18 earnings to $2.49 million from $2.70 million in 4Q17.

SINGAPORE (May 18): CGS-CIMB Securities is maintaining its “add” call on Singapore Airlines (SIA) with a target price of $11.75.

SINGAPORE (May 17): Singapore Airlines (SIA) reversed out of the red with earnings of $181.8 million for the 4Q ended March, from losses of $138.3 million a year ago.

SINGAPORE (May 17): Singapore Telecommunications (Singtel) saw its earnings fall 19% to $780.6 million for the 4Q ended March, from $963.3 million a year ago, on the back of weaker results from Airtel and Telkomsel and adverse currency movements.

SINGAPORE (May 15): SIA Engineering Company (SIAEC) reported 4Q18 earnings increased 19.8% to $55.0 million, compared to $45.9 million in 4Q17.

SINGAPORE (May 14): CGS-CIMB Research is keeping its “add” call on Singapore post (SingPost) with a higher target price of $1.59, as the stock is poised for an earnings recovery over FY19-FY21 and offers 2-3% dividend yield.