Amara Holdings

Broker's Calls

Robust residential property launch pipeline keeps Amara at 'buy'

SINGAPORE (May 16): RHB is maintaining its “buy” call on Amara Holdings with a target price of 88 cents.

Results

Amara posts 32% 1Q earnings rise to $2.1 mil on higher revenue & forex gain

SINGAPORE (May 14): Amara Holdings reported earnings of $2.1 million for the 1Q ended March, up 32% from its restated earnings of $1.6 million a year ago due to higher revenue and other income.  

Results

Amara posts 36% fall in FY17 earnings to $24 mil on higher selling costs and tax expenses

SINGAPORE (Feb 22): Hotel and property group Amara Holdings reported a 36% fall in FY17 earnings to $23.9 million from $37.1 million a year ago.

Broker's Calls

Amara's profit to be driven by Shanghai hotel

SINGAPORE (Nov 15): RHB is maintaining its “buy” call on Amara Holdings with a target price of 88 cents.

Results

Amara posts 20% lower 3Q earnings of $3.2 mil on higher costs

SINGAPORE (Nov 13): Amara Holdings reported a 20% decline in 3Q17 earnings to $3.2 million from $4 million in the same period a year ago, on higher costs incurred over the quarter ended Sept.

Broker's Calls

Amara still attractive despite Shanghai delay

SINGAPORE (Oct 9): RHB Research is cutting its 2017 net profit forecast for Amara Holdings by 14% after a delay in the expected commencement of operations of Amara Signature Shanghai.

Amara’s 100 AM mall to launch new F&B concept on Dec 1

SINGAPORE (Nov 10): Amara Holdings’ lifestyle shopping mall, 100 AM, will be unveiling a new food and beverage (F&B) concept on its third floor from Dec 1.
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