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earnings
Results
Straits Trading sees near-trebling of 4Q earnings to $14.1 mil despite lower revenue
SINGAPORE (Feb 28): Straits Trading Company saw its 4Q18 earnings nearly treble to $14.1 million from $5.2 million a year ago, mainly due to higher other items of income as well as reduced other items of expense.
February 28, 2019
Results
CITIC Envirotech posts 41.6% higher FY18 earnings of $113.2 mil on revenue growth
SINGAPORE (Feb 28): CITIC Envirotech Limited (CEL) has concluded FY18 with earnings of $113.2 million, rising 41.6% from its FY17 earnings of $79.9 million on higher revenue.
February 28, 2019
Results
IndoAgri sinks into the red with $20 mil loss for 4Q on weak commodity prices
SINGAPORE (Feb 28): Indofood Agri Resources (IndoAgri) has sunk into a loss of Rp 211.7 billion ($20 million) for 4Q18 compared to Rp 76.9 billion in profit a year ago, due to significantly lower profit in the Plantation Division arising from weak commodi
February 28, 2019
Results
Yeo Hiap Seng 4Q earnings up 20% to $1.8 mil; proposes final & special dividend
SINGAPORE (Feb 27): Yeo Hiap Seng has announced earnings of $1.8 million for the 4Q ended Dec 2018, up 20% from 4Q17 earnings of $1.5 million due to better margins as well as lower fair value losses on equity investments.
February 27, 2019
Results
Nam Cheong swings back to profitability for FY18 after debt restructuring
SINGAPORE (Feb 27): Nam Cheong announced earnings of RM9.7 million for the 4Q ended Dec 2018, reversing from its loss of RM987.5 million in 4Q17 mainly a result of a waiver of debts.
February 27, 2019
Results
Raffles Medical posts 0.4% rise in FY18 earnings to $71.1 mil; recommends 2 cents final dividend
SINGAPORE (Feb 25): Raffles Medical Group (RMG) announced $71.1 million in earnings for FY18, rising a marginal 0.4% from $70.8 million in FY17 as higher tax expenses and additional depreciation from the recently-completed Raffles Specialist Centre contin
February 25, 2019
Broker's Calls
Genting Singapore's outlook unmarred by slight earnings disappointment, according to analysts
SINGAPORE (Feb 22): Maybank Kim Eng, OCBC Investment Research, RHB Research and CGS-CIMB Research are maintaining their “buy” calls on Genting Singapore (GENS) with the respective target prices of $1.26, $1.31, $1.22 and $1.28.
February 22, 2019
Results
Sembcorp reports 10% lower 4Q earnings of $106 mil; proposes 2 cents final dividend
SINGAPORE (Feb 21): Sembcorp Industries reported earnings of $106 million for the 4Q ended Dec 2018, representing a 10% decline from restated 4Q17 earnings of $118 million as the Marine segment continued to impact the absorption of overhead costs.
February 21, 2019
Results
Genting Singapore sees 4Q earnings rise 12% to $150 mil on higher visitors, hotel occupancy
SINGAPORE (Feb 21): Genting Singapore (GENS) announced earnings of $150.2 million for the 4Q ended Dec 2018, rising 12% y-o-y from its earnings of $134 million in 4Q17 due to higher revenue.
February 21, 2019
Broker's Calls
It's onward and upward for CapitaLand going into FY19, say analysts
SINGAPORE (Feb 21): CGS-CIMB Research, DBS Vickers Securities and OCBC Investment Research are maintaining “buy” on CapitaLand with the respective price targets of $3.56, $3.62 and $3.98, after the group posted 71.2% higher earnings of $476 million fo
February 21, 2019