earnings

Results

China Aviation reports 2.9% dip in 2Q earnings of US$28.4 mil on higher expenses

SINGAPORE (Aug 7): China Aviation Oil (Singapore) Corporation (CAO), the largest physical jet fuel trader in the Asia Pacific region, reported earnings of US$28.4 million ($39.2 million) for the 2Q19 ended June, some 2.9% lower than earnings of US$29.3 mi

Results

Jumbo posts 24.8% drop in 3Q earnings to $1.7 mil amid renovation closure, higher costs on outlet openings

SINGAPORE (Aug 7): Restaurant operator Jumbo Group saw its earnings fall 24.8% to $1.7 million for the 3Q19 ended June amid operational costs incurred from its new restaurants.

Results

Far East Orchard 2Q earnings jump 53.7% to $2.4 mil

SINGAPORE (Aug 6): Far East Orchard posted earnings of $2.4 million for the 2Q19 ended June, some 53.7% higher than earnings of $1.6 million a year ago.

Results

Bukit Sembawang posts 5% drop in 1Q earnings to $22 mil despite higher revenue

SINGAPORE (Aug 6): Property developer Bukit Sembawang Estates saw its earnings fall 5% to $22.0 million for the 1Q19/20 ended June, from $23.1 million a year ago.

Results

Yangzijiang posts 6% decline in 2Q earnings to $186 mil on lower revenue

SINGAPORE (Aug 5): Yangzijiang Shipbuilding saw its earnings slip 6% to RMB 936.4 million ($185.7 million) for the 2Q19 ended June, from RMB 994.9 million a year ago.

Results

Challenger posts 4% rise in 2Q earnings to $4.2 mil on higher revenue

SINGAPORE (Aug 5): Challenger Technologies posted a 4% increase in earnings to $4.2 million for the 2Q19 ended June, from $4.0 million a year ago.

Results

Yeo Hiap Seng posts 49% drop in 2Q earnings to $4.4 mil; declares special dividend of 1 cent per share

SINGAPORE (Aug 5): Yeo Hiap Seng saw its earnings halved to $4.4 million for the 2Q19 ended June, from $8.8 million a year ago.

Results

Genting posts 5% drop in 2Q earnings to $168.4 mil despite higher revenue

SINGAPORE (Aug 2): Genting Singapore (GENS) saw its earnings fall 5% to $168.4 million for the 2Q19 ended June, from $177.6 million a year ago, on the back of lower other income and higher expenses.

Fintech

UOB's digital bank sees high acquisition cost as total expenses head up

SINGAPORE (Aug 2): IT-related expenses, among other things, have contributed to higher total expenses incurred by United Overseas Bank (UOB) in the 2Q19 and 1H19 ended June 30.

Results

SingPost delivers 37.2% jump in 1Q earnings to $25.7 mil even as logistics, US business segments flounder

SINGAPORE (Aug 2): Singapore Post (SingPost) has delivered higher earnings in the 1Q19/20 ended June, despite losses in its logistics and US business segments.
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