earnings

Broker's Calls

Jumbo still a wholesome 'buy' despite China business risks: CGS-CIMB

SINGAPORE (Feb 15): CGS-CIMB Research is maintaining its “add” call on Jumbo Group while lowering its target price to 52 cents from 54 cents previously to reflect 2-3% lower FY20-21F EPS on the account of weaker China operations.

Results

Bukit Sembawang's 3Q earnings treble to $54 mil on higher revenue

SINGAPORE (Feb 14): Property developer Bukit Sembawang Estates posted $54 million in earnings for the 3Q ended Dec 2018, up more than threefold from its restated 3Q18 earnings of $15.8 million due to a sevenfold y-o-y surge in revenue.  

Results

Old Chang Kee's 3Q earnings up 24.6% at $1.5 mil on higher revenue & improved margins

SINGAPORE (Feb 14): Old Chang Kee reported 3Q19 earnings of $1.5 million, rising 24.6% y-o-y from $1.2 million on the back of higher revenue and lower cost of sales.

Results

Wing Tai announces 14% lower 2H earnings of $18.2 mil in absence of one-off gain

SINGAPORE (Feb 13): Regional property and lifestyle group Wing Tai Holdings has reported 1H19 earnings of $18.2 million, 14% down from $21.1 million a year ago in the absence of a one-off gain on disposal of a subsidiary.

Results

AusGroup reports 87.9% fall in 2Q earnings to A$0.5 mil on reduced operating activity

SINGAPORE (Feb 13): Construction and engineering company AusGroup saw its earnings fall 87.9% y-o-y to A$0.49 million ($0.47 million) for the 2Q ended Dec 2018 as compared to earnings of A$4.8 million in 2Q18, due to reduced operating activity.

Results

SBS Transit posts 70% higher FY18 earnings of $80 mil on revenue surge

SINGAPORE (Feb 12): SBS Transit announced earnings of $80.1 million for FY18, up 70% y-o-y from its FY17 earnings of $47.1 million due to higher revenue.

Results

UnUsUaL reports 21.7% higher 3Q earnings of $3.1 mil despite margin decline

SINGAPORE (Feb 11): UnUsUaL Limited, the Catalist-listed subsidiary of mm2 Asia, reported a 21.7% y-o-y rise in 3Q earnings to $3.1 million compared to $2.5 million a year ago.

Results

Koh Brothers Eco reports 31% lower FY18 earnings of $5.6 mil on profit margin decline

SINGAPORE (Feb 4): Koh Brothers Eco Engineering posted 4Q18 earnings of $2 million, down by more than half from its earnings of $4.5 million a year ago due to lower segment profit margins.

Broker's Calls

CGS-CIMB cuts SingPost target price despite 3Q earnings growth

SINGAPORE (Feb 4): CGS-CIMB Securities is maintaining its “hold” call on Singapore Post (SingPost) while lowering its target price to $1.03 from $1.12 previously, which now implies 19.7 times FY20F P/E.
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