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Results
Vard cuts 3Q losses to $1.5 mil on higher revenue & lower restructuring costs
SINGAPORE (Nov 10): Vard Holdings saw 3Q17 losses narrowed to NOK9 million ($1.5 million) from losses of NOK104 million a year ago on higher sales.
November 10, 2017
Results
Huan Hsin's 3Q loss narrows 38% to $2.5 mil on lower expenses after downsizing
SINGAPORE (Nov 9): Huan Hsin Holdings, the integrated contract manufacturer of telecommunications and electronic products, saw its 3Q17 loss narrow 38% to $2.5 million from $4 million a year ago on lower expenses.
November 09, 2017
Results
Trendlines reports near-doubling of 3Q earnings to $4.1 mil on fair value gains
SINGAPORE (Nov 9): The Trendlines Group saw its earnings for 3Q17 nearly double to US$3 million ($4.1 million) from US$1.6 million a year ago on higher total income due to fair value gains.
November 09, 2017
Results
Courts Asia sees 2Q earnings fall 74% to $1.5 mil on Malaysia sales, lower margins
SINGAPORE (Nov 9): Courts Asia has reported a net profit of $1.5 million for 2Q FY17/18, down 74.7% from its net profit of $5.98 million a year ago on lower profit margins in Singapore.
November 09, 2017
Results
SUTL Enterprise 3Q earnings rise 30% to $0.7 mil
SINGAPORE (Nov 9): SUTL Enterprise saw a 30% increase in net attributable profit to $657,000 for 3Q17 compared to $504,000 in 3Q16, which marina developer and operator attributes to its ongoing efforts to increase operational efficiency.
November 09, 2017
Results
SATS posts 16.3% rise in 2Q earnings to $72.2 mil on higher overseas contributions
SINGAPORE (Nov 9): Gateway solutions provider SATS has announced $72.2 million in earnings for 2QFY17-18, up 16.3% from $62.1 million in the same period a year ago on higher overseas contributions and a one-off gain.
November 09, 2017
Results
TA Corp losses narrow to $4.2 mil in 3Q
SINGAPORE (Nov 9): TA Corp, the property construction group, has reported a loss of $4.2 million for the third quarter ended Sept, a 57.6% improvement from its $10 mil loss posted in 3Q16, mainly due to lower impairment loss on investment properties.
November 09, 2017
Results
Fragrance Group's 3Q earnings up 35.2% at $4.2 mil on higher turnover
SINGAPORE (Nov 9): Fragrance Group today posted earnings of $4.2 million for 3Q17, up 35.2% on-year from $3.1 million previously on higher turnover with increased contributions from its property development and hotel segments.
November 09, 2017
Results
SBS Transit's 3Q earnings grow 42% to $11.1 mil on higher revenue
SINGAPORE (Nov 9): SBS Transit posted $11.1 million in earnings for the 3Q ended Sept, representing a 42.1% increase from $7.8 million in the same period a year ago.
November 09, 2017
Broker's Calls
Strong growth prospects shed positive light on Singapore O&G
SINGAPORE (Nov 9): DBS Vickers Securities has upgraded its view on Singapore O&G (SOG) to “neutral” from “fully valued” while raising its target price on the healthcare stock to 52 cents from 41 cents previously, which is pegged to 25 times P/E on
November 09, 2017