4Q18

Results

Health Management International posts 43% growth in 4Q earnings to $5.1 mil

SINGAPORE (Aug 28): Health Management International (HMI) reported earnings of RM15.2 million ($5.1 million) for the 4Q ended June, up 43% y-o-y from RM10.7 million a year ago on higher revenue and improved margins.

Results

Pacific Star Development concludes 18M ended June at $8.4 mil after business model restructuring

SINGAPORE (Aug 27): Pacific Star Development, formerly known as LH Group, announced $8.4 million in earnings for the 18 month period ended June 2018 (18M17), up 12% from the 12 months ended June 2016 on higher revenue.

Results

GuocoLand's 4Q earnings fall 42% to $141 mil on lower revenue & other income

SINGAPORE (Aug 27): GuocoLand announced earnings of $141.2 million for the 4Q ended June, down 42% from $244.8 million a year ago on lower revenue and other income.

Results

Silverlake posts 5% lower 4Q earnings of $12.1 mil due to lower other income

SINGAPORE (Aug 26): Software services & solutions provider Silverlake Axis reported 4Q18 earnings of RM36.2 million ($12.1 million), down 5% y-o-y from RM38.3 million a year ago due to lower other items of income.

Results

Hiap Seng Engineering sinks into full year losses of $18.9 mil

SINGAPORE (May 31): Hiap Seng Engineering declared larger 4Q losses of $9.8 million from its $1.8 million loss in 4Q17 due to a combination of declining turnover and gross profit margin, higher-than-expected operating costs, and a goodwill impairment from

Results

Courts Asia posts 66% lower FY18 earnings of $8 mil on Malaysia headwinds

SINGAPORE (May 30): Courts Asia, the retailer of IT, household electrical and furniture goods, reported earnings of $8.1 million for FY17/18, down 66.1% from its FY17/16 earnings of $23.7 million a year ago on lower gross profit margin and an overall reve

Results

Old Chang Kee's FY18 earnings double to $5 mil on improved margins & revenue growth

SINGAPORE (May 30): Old Chang Kee saw FY18 earnings double to $5 million from $2.4 million in FY17 on improved gross margins and revenue.

Results

RHT Health Trust posts 5.4% lower 4Q DPU of 1.06 cents on higher borrowings & expenses

SINGAPORE (May 25): The trustee-manager of RHT Health Trust has declared a 4Q18 distribution per unit (DPU) of 1.06 cents, down 5.4% from its quarterly DPU of 1.12 cents a year ago due to higher borrowings and expenses.

Results

Singapore Shipping Corp posts 60% surge in 4Q earnings to $3.5 mil on higher revenue

SINGAPORE (May 24): Singapore Shipping Corporation reported a 60% rise in earnings to US$2.6 million ($3.5 million) for the 4Q18 ended March from its earnings of US$1.6 million in 4Q17 on higher revenue.  

Broker's Calls

How worried should Mapletree Commercial Trust be about rising interest rates?

SINGAPORE (Apr 25): CIMB and DBS are reiterating their “add” and “buy” calls on Mapletree Commercial Trust (MCT) with target prices of $1.75 and $1.80, respectively, post the release of the REIT’s 4Q18 results on Tuesday.
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