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earnings
Results
OUE Hospitality Trust posts 5.9% lower 3Q DPS on lower revenue & absence of income support
SINGAPORE (Nov 7): The manager of OUE Hospitality Trust (OUE HT) has announced a 3Q18 distribution per stapled security (DPS) of 1.28 cents, down 5.9% from its 1.36 cent DPS a year ago.
November 07, 2018
Results
BreadTalk's 3Q earnings fall 41.7% to $2.1 mil on higher expenses
SINGAPORE (Nov 5): BreadTalk Group posted earnings of $2.1 million for the 3Q ended Sept, 41.7% lower compared to its earnings of $3.7 million a year ago on the back of higher expenses.
November 05, 2018
Broker's Calls
Strong earnings recovery expected for Venture Corp after a dismal 3Q
SINGAPORE (Nov 5): RHB Research and OCBC Investment Research are maintaining their “buy” calls on Venture Corp while lowering their target price and fair value estimate to $19 and $20.13, from $22.20 and $23.23, respectively.
November 05, 2018
Results
DBS reports 72% higher 3Q net profit of $1.4 bil on record total income
SINGAPORE (Nov 5): DBS Group Holdings reported a net profit of $1.4 billion for 3Q18, up 72% from $822 million a year ago when accelerated allowances had been taken for weak oil & gas support service exposures.
November 05, 2018
Results
Challenger reports 44% higher 3Q earnings of $4.5 mil on improved revenue, lower expenses
SINGAPORE (Nov 2): Challenger Technologies posted $4.5 million in earnings for the 3Q ended Sept, 44% higher its restated earnings of $3.1 million a year ago on higher revenue as well as lower operating expenses.
November 02, 2018
Broker's Calls
Ascott REIT good for stable income growth, but lacks catalysts: CGS-CIMB
SINGAPORE (Nov 2): CGS-CIMB Securities continues to rate Ascott Residence Trust (Ascott REIT) at “hold” at an unchanged $1.12 target price on limited re-rating catalysts, after the trust’s latest 9M DPU of 5.01 cents came in line with expectations.
November 02, 2018
Broker's Calls
China Aviation Oil target price slashed on crude oil & currency risks
SINGAPORE (Nov 2): CGS-CIMB Securities is maintaining its “add” call on China Aviation Oil (CAO), lowering its target price on the stock to $1.83 from $2.03 to account for a wider discount of 30% of peer average compared to 25%.
November 02, 2018
Results
Sembcorp posts 11.6% lower 3Q earnings of $82.3 mil on higher expenses
SINGAPORE (Nov 2): Sembcorp Industries announced 11.6% lower 3Q18 earnings of $82.3 million compared to $93.1 million a year ago, due to higher expenses incurred mainly from provision for fines.
November 02, 2018
Results
Roxy-Pacific 3Q earnings more than double to $4.4 mil on improved margins
SINGAPORE (Oct 31): Roxy-Pacific Holdings’ 3Q18 earnings more than doubled to $4.4 million from its restated earnings of $1.6 million a year ago, as a result of significantly higher gross profit margins largely contributed by the group’s hotel ownersh
October 31, 2018
Results
Second Chance posts 17% lower FY18 earnings of $8 mil, declares 0.3 cent dividend
SINGAPORE (Oct 31): Second Chance Properties reported earnings of $7.9 million for the full year ended Sept, down 16.6% from FY17 due to lower revenue and fair value losses.
October 31, 2018