earnings

SINGAPORE (Feb 9): Luxury watch retailer Cortina Holdings posted earnings of $5.6 million for the third quarter of FY18. This is more than double its earnings of $2.5 million a year ago on higher revenue.

SINGAPORE (Feb 9): Hupsteel sank into the red in 2Q18 with a $2.1 million loss compared to its profit of $0.5 million a year ago, largely due to the write-off of fixed assets related to the group’s redevelopment of 38 Genting Lane.  

SINGAPORE (Feb 8): GP Industries, the electronics manufacturer, saw its 3Q18 earnings double to $17.7 million from $8.2 million in the same period a year ago on higher other operating income and lower distribution costs.

SINGAPORE (Feb 8): CEI Limited today posted a profit after tax of $6.5 million for the full year ended Dec 2017, declining 25% from its earnings of $8.8 million for FY16 on higher costs.

SINGAPORE (Feb 6): Ellipsiz posted earnings of $5.8 million for the 2Q18, up more than threefold from its restated earnings of $1.7 million in 2Q17 due to a one-off gain from the disposal of its subsidiary.

SINGAPORE (Feb 6): DBS Vickers Securities is maintaining its “hold” call on Hutchison Port Holdings Trust (HPHT) with an unchanged target price of 39 US cents (51 cents), which is based on a discounted cash flow valuation framework with a 7.4% weighte

SINGAPORE (Feb 6): OCBC Investment Research is upgrading its call on Hutchison Port Holdings Trust (HPHT) to “buy” from "hold" with a slightly higher fair value of 43 US cents (57 cents) compared to 42 US cents previously.

SINGAPORE (Feb 5): FJ Benjamin reported earnings of nearly $1 million for 2Q18, reversing from the loss of $7.3 million in the same period a year ago on reduced expenses.

SINGAPORE (Jan 26): The manager of Viva Industrial Trust (VIT) has posted a 4Q17 distribution per share (DPS) of 1.857 cents, up 5.5% from 1.760 cents in 4Q16.