earnings

Results

CNMC’s 2Q earnings fall 90% to US$0.5 mil on lower production, sales

SINGAPORE (Aug 14): CNMC Goldmine Holdings posted a 90% on-year decline in earnings to US$0.5 million ($0.7 million) for the second quarter ended June, versus earnings of US$4.7 billion a year ago on lower revenue.

Results

Wheelock Properties records 3.4% rise in earnings to $36.5 mil

SINGAPORE (Aug 11): Wheelock Properties announced earnings of $36.5 million for 2Q17 ended June, up 3.4% on-year from the $35.3 million in 2Q16.

Results

Hotel Properties posts 23.2% rise in 2Q earnings to $16.3 mil on higher revenue

SINGAPORE (Aug 11): Wheelock-owned Hotel Properties posted earnings of $16.3 million for the 2Q17 ended June, up 23.3% from the $13.2 million reported a year ago on the back of increased revenue over the quarter.

Results

Courts Asia posts 31.6% decline in 1Q earnings to $6.1 mil on lower revenue and higher expenses

SINGAPORE (Aug 11): Courts Asia, the retailer of electrical, IT and furniture products, announced a 1QFY17/18 net profit of $6.1 million for the quarter, down 31.6% from the $8.8 million it posted a year ago on lower revenue and higher expenses.

Results

Metro’s 1Q earnings more than double to $25.4 mil on one-off gain

SINGAPORE (Aug 11): Metro Holdings has announced earnings of $25.4 million for 1Q18, which is more than double of the $9.8 million reported in 1Q17.

Results

Sino Grandness 2Q earnings fall 33% to $21.5 mil on revenue decline

SINGAPORE (Aug 11): Sino Grandness Food Industry Group reported earnings of RMB105.1 million ($21.5 million) for 2Q17 ended June, down 33.4% from RMB157.7 million in 2Q16.

Results

IREIT Global posts 9.4% decline in 2Q DPU to 1.45 cents on forex losses

SINGAPORE (Aug 10): The manager of iREIT Global has declared a distribution per unit (DPU) of 1.45 cents for the 2Q17 ended June, down 9.4% from its 1.6 cents DPU in the same period a year ago.

Results

TA Corp sinks into the red in 1H with $10.9 mil loss

SINGAPORE (Aug 10): Property construction group TA Corporation has reported a loss of $10.9 million for the half year ended June, compared to its earnings of $0.2 million in 1H16.

Results

Hiap Hoe swings back to profitability with 2Q earnings of $1.4 mil

SINGAPORE (Aug 10): Real estate group Hiap Hoe is back in the black with 2Q17 earnings of $1.4 million compared to the loss of $3.1 million it posted in the same period a year ago. 

Results

Far East Group reversed into the black in 1H

SINGAPORE (Aug 10): Far East Group, the refrigeration and air-conditioning business, announced half-year earnings of $0.25 million compared to its loss of $0.71 million a year ago on higher gross profit margin and higher other operating income.
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