4Q16

SINGAPORE (Feb 22): Genting Singapore swung back into the black in 4Q16 with earnings of $159.2 million from a loss of $7.8 million a year ago, thanks to lower expenses and impairment on trade receivables.

SINGAPORE (Feb 22): Serial System has announced earnings of US$4 million ($5.7 million) for the fourth quarter ended Dec 31, four times more than a year ago.

SINGAPORE (Feb 21): Auric Pacific Group announced earnings of $7.2 million for FY16, turning around from its $40.8 million of losses posted in FY15.

SINGAPORE (Feb 17): Building material supplier Hafary Holdings has posted $2.7 million of earnings for 4Q16, a 61.5% decline from its earnings of $6.8 million in 4Q15 due to a combination of lower revenue and higher expenses.  

SINGAPORE (Feb 17): iFAST Corp reported a 59.9% fall in 4Q16 earnings to $1.1 million from a year ago, bringing FY16 earnings down 55% to $5.4 million.

SINGAPORE (Feb 17): United Overseas Bank Group reported earnings of $739 million for 4Q16, a 6.2% decline from its earnings of $788 mil a year ago.

SINGAPORE (Feb 16): SIIC Environment Holdings posted a 42.3% rise in 4Q earnings to RMB170.3 million ($35.2 million) from a year ago as revenue more than doubled to RMB1.1 billion.

SINGAPORE (Feb 16): The trustee-manager of Rickmers Maritime, reported 4Q16 net losses narrowed to US$48.4 million ($68.7 million) from $129.6 million a year ago.

SINGAPORE (Feb 16): UOB Kay Hian and OCBC Investment Research are maintaining their “buy” calls on CapitaLand with a target price and fair value of $4.05 and $3.68 respectively.

SINGAPORE (Feb 16): DBS Group reported a 9% fall in earnings of $913 million for the 4Q ended Dec from a year ago, bringing FY16 earnings to $4.24 billion.