earnings

Results

Golden Agri sinks into the red with 4Q loss of US$29.1 mil

SINGAPORE (Feb 27): Golden Agri-Resources has sunk into a 4Q17 loss of US$29.1 million ($38.3 million), compared its profit of US$46.3 million posted in the same period a year ago on lower revenue and share of joint ventures, forex losses as well as a one

Results

Banyan Tree 4Q earnings halved to $3.9 mil on higher expenses

SINGAPORE (Feb 27): Banyan Tree Holdings reported earnings of $3.9 million for the quarter ended Dec 2017, down by more than half of the $8.5 million posted in the same period a year ago on higher expenses.

Results

Best World sees near doubling of 4Q earnings to $21.8 mil on higher revenue

SINGAPORE (Feb 26): Best World International, the direct seller of skincare and wellness products, has reported earnings of $21.8 million for the 4Q ended Dec 2017, up 77.2% from $12.3 million in 4Q16 on higher revenue.

Results

AP Oil posts 31% fall in FY17 earnings to $2.4 mil on lower margins & forex losses

SINGAPORE (Feb 26): AP Oil International announced 31% lower FY17 earnings of $2.4 million compared to $3.5 million in FY16 on lower margins and foreign exchange (forex) losses incurred.  

Results

Federal International 2000 announces 41.7% lower FY17 earnings of $4.2 mil

SINGAPORE (Feb 26): Federal International (2000) reported a 68.9% decline in 4Q earnings to $1.1 million from $3.7 million a year ago on lower other income. This brings the group’s earnings for the full year to $4.2 million, down 41.7% from $7.3 million

Results

SUTL Enterprise reports 2% higher 4Q earnings of $2 mil on lower expenses

SINGAPORE (Feb 26): SUTL Enterprise today reported a 2% rise in earnings to $2 million from $1.97 million a year ago on lower expenses.

Results

Serial System posts 91% lower 4Q earnings of US$0.4 mil

SINGAPORE (Feb 26): Serial System on Saturday announced FY17 earnings of US$9.6 million ($12.6 million), double its full year earnings of US$4.6 million posted a year ago.

Broker's Calls

Will new store openings drive Sheng Siong's share price higher?

SINGAPORE (Feb 26): RHB is maintaining its “neutral” call on Sheng Siong with a lower target price of 98 cents from 99 cents previously after the supermarket operator’s 4Q17 results fell short of expectations.

Results

BHG Retail REIT posts 0.8% higher 4Q DPU of 1.32 cents

SINGAPORE (Feb 23): The manager of BHG Retail REIT has declared a 4Q distribution per unit (DPU) of 1.32 cents, up 0.8% from its DPU of 1.31 cents in 4Q16.

Results

Yeo Hiap Seng posts 25.6% lower 4Q earnings of $10.3 mil on revenue decline

SINGAPORE (Feb 23): Yeo Hiap Seng saw its earnings fall 25.6% to $7.7 million in 4Q17 from $10.3 million in 4Q16 on lower revenue.
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