earnings

Results

Amara posts 20% lower 3Q earnings of $3.2 mil on higher costs

SINGAPORE (Nov 13): Amara Holdings reported a 20% decline in 3Q17 earnings to $3.2 million from $4 million in the same period a year ago, on higher costs incurred over the quarter ended Sept.

Results

Pan Hong's 3Q earnings up more than sevenfold at $2.05 mil on higher profit margins

SINGAPORE (Nov 13): Pan Hong Holdings reported earnings of RMB10 million ($2.05 million) for 2Q18, up more than sevenfold from RMB1.3 million in the same period a year ago on higher gross profit margins.

Results

Sapphire posts 3Q earnings of $3.6 mil; directors to step down for board renewal in share-swap deal

SINGAPORE (Nov 13): Sapphire Corporation, the railway infrastructure engineering firm, has announced earnings of RMB17.6 million ($3.6 million) for the 3Q ended Sept, a 31.1% improvement from RMB13.4 million a year ago on higher revenue.

Results

CWG's 3Q losses narrow to $5 mil on higher revenue

SINGAPORE (Nov 13): Property developer CWG International saw 3Q losses narrow to RMB25 million ($5 million) from RMB53.3 million a year ago on a surge in revenue over the quarter.

Results

Zhongmin Baihui posts 20% lower 3Q earnings on higher expenses & lower margins

SINGAPORE (Nov 13): Zhongmin Baihui has announced profit after taxation of RMB9.8 million ($2 million) for the 3Q ended Sept, representing a 20% decline from RMB12.3 million in earnings in the previous year on higher expenses and lower margins.

Results

Grand Banks Yachts 3Q earnings treble to $0.6 mil on higher revenue

SINGAPORE (Nov 13): Grand Banks Yachts announced a net profit of $0.62 million for 1Q18, trebling from its earnings of $0.2 million posted in 1Q17.

Results

Koh Bros' 3Q earnings surge more than 18-fold to $5.1 mil on one-off disposal gain

SINGAPORE (Nov 13): Koh Brothers Group has announced $5.1 million in earnings for 3Q17, up 18.4 times from its earnings of $0.3 million a year ago on a one-off disposal gain registered over the quarter.  

Results

YuuZoo posts 3Q earnings of $7.9 mil on higher revenue & lower costs

SINGAPORE (Nov 13): E-commerce company YuuZoo Corporation announced 3Q17 earnings of $7.9 million, up 24% from its earnings of $6.34 million a year ago on higher revenue and lower costs.

Broker's Calls

Positive 3Q surprise gets UMS Holdings an upgrade; raises expectations of higher special dividend

SINGAPORE (Nov 13): CIMB Research is maintaining its “add” call on UMS Holdings while raising its target price to $1.21 from $1.13, as it increases its P/BV multiple to 2.88 times versus 2.8 times previously on higher ROEs.

Broker's Calls

Manpower shortage continues to pose a threat to Jadason's earnings ahead

SINGAPORE (Nov 13): CIMB Research continues to rate Jadason Enterprises at “add” with a lower target price of 11 cents after rolling over its valuation basis to FY19F estimates, still based on 12.34 times P/E – which is 2 s.d. above the average forw
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