4Q16

SINGAPORE (Feb 24): CIMB Research is maintaining its “add” rating on Ezion Holdings with a raised target price of 45 cents from 44 cents previously, even as offshore service provider on Thursday reported a widening of new 4Q losses to US$66.6 million

SINGAPORE (Feb 24): RHB is maintaining its “buy” call on BreadTalk with a higher target price of $1.50, as it witnesses a turnaround in the group’s core business after its FY16 margins beat expectations.

SINGAPORE (Feb 24): Bumitama Agri announced 4Q earnings of IDR 461.58 billion ($48.8 million), about 2.5 times of the IDR 184.67 billion a year ago on higher revenue.

SINGAPORE (Feb 23): IHH Healthcare Berhad has declared a loss of RM42.5 million ($13.5 million) as compared to RM415.8 million in earnings a year ago, led by foreign exchange losses on borrowings as well as fair value losses.

SINGAPORE (Feb 23): DBS Vickers Securities has downgraded its “buy” call on Procurri Corporation to “hold”, while lowering its target price to 40 cents from 56 cents previously.

SINGAPORE (Feb 23): Banyan Tree Holdings, the manager and developer of luxury hotels, resorts and spas in Asia, has declared $8.5 million in 4Q earnings on higher operating profit – a turnaround from the $18.4 million loss posted in 4Q15.

SINGAPORE (Feb 23): CIMB Research is leaving its “hold” rating on Delfi unchanged with a slightly lower target price of $2.30 from $2.31 previously despite a recent fourfold surge in 4Q16 earnings to US$3.7 million ($5.2 million).

SINGAPORE (Feb 23): City Developments Limited (CDL) reported FY16 earnings of $653.2 million, which represents a 15.5% decline from the $773.4 million posted for FY15.

SINGAPORE (Feb 22): Soilbuild Construction Group reported $3.5 million in earnings for 4Q16, down 37.6% from its net profit of $5.6 million in 4Q15.

SINGAPORE (Feb 22): Breadtalk Group reported FY16 earnings of $11.4 million, up 50.4% from $7.6 million a year ago on a steeper drop in cost of sales and 3.3% higher other income of $8.9 million.