Covid-19

Tai Sin reports 123% higher 6M earnings of $18.1 million on fair value gain - THE EDGE SINGAPORE

Results

Tai Sin reports 123% higher 6M earnings of $18.1 million on fair value gain

The group has declared an interim dividend of 0.75 cent per share, which will be paid on March 8.
Challenger Technologies reports 31% jump in earnings, plans higher dividend of 2.7 cents - THE EDGE SINGAPORE

Results

Challenger Technologies reports 31% jump in earnings, plans higher dividend of 2.7 cents

Earnings up thanks to rental waivers, rebates, government grants, wage subsidies, and lower employee benefits.
Thomson Medical Group reports profit of $9.7 mil for 1H21 reversing from losses the year before - THE EDGE SINGAPORE

Results

Thomson Medical Group reports profit of $9.7 mil for 1H21 reversing from losses the year before

Excluding Covid-19 related grants, the group recorded a net profit after tax (NPAT) of $4.5 million.
Multi-Chem's 2H20 earnings more than double to $10.5 mil - THE EDGE SINGAPORE

Results

Multi-Chem's 2H20 earnings more than double to $10.5 mil

Earnings per share (EPS) stood at 11.61 cents on a fully diluted basis for the 2HFY2020 compared to 4.28 cents the year before.
Vicom's FY2020 earnings down 13.8% to $24.5 mil; to pay final dividend of 6.22 cents - THE EDGE SINGAPORE

Results

Vicom's FY2020 earnings down 13.8% to $24.5 mil; to pay final dividend of 6.22 cents

Vicom plans to pay a first and final dividend of 6.22 cents per share, vs final 6.07 cents, adjusted, paid for FY2019
Arion Entertainment, formerly PanPac Media, plans diversification into property and moneylending - THE EDGE SINGAPORE

Company in the news

Arion Entertainment, formerly PanPac Media, plans diversification into property and moneylending

In a circular to shareholders, the mainboard-listed company described its core business as “increasingly challenging".
ISCA sets up $8 mil support fund to help small- and medium-sized accounting firms navigate through post-Covid-19 environment - THE EDGE SINGAPORE

Singapore economy

ISCA sets up $8 mil support fund to help small- and medium-sized accounting firms navigate through post-Covid-19 environment

The fund has three strategic thrusts, which support SMPs in business growth, capability upgrading and business sustenance.
Five opportunities and five risks in 2021  - THE EDGE SINGAPORE

Economic outlook 2021

Five opportunities and five risks in 2021

Here are the risks and opportunities to look out for in the wake of the pandemic-induced shock of 2020
CGS-CIMB remains positive on SIA on 'narrow 3Q loss' and attempts at reducing cash burn - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB remains positive on SIA on 'narrow 3Q loss' and attempts at reducing cash burn

In addition to its "add" call, the brokerage has reduced its target price to $4.89 from $4.91.
Manulife US REIT posts 11.3% lower 2H20 DPU of 2.59 US cents on lower property income and provision for expected credit losses - THE EDGE SINGAPORE

Results

Manulife US REIT posts 11.3% lower 2H20 DPU of 2.59 US cents on lower property income and provision for expected credit losses

FY2020 DPU fell 5.4% y-o-y to 5.65 US cents compared to 5.96 US cents in FY2019.
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