Financial results

Results

GSH Corp sinks into 1Q loss of $1.35 mil on lower revenue & higher expenses

SINGAPORE (May 5): Property developer GSH Corp sunk into losses of $1.35 million for the first quarter ended March, versus a profit of $2.8 million posted in the same quarter a year ago.

Results

Kingboard Copper Foil’s 1Q earnings nearly treble to $0.8 mil on higher revenue

SINGAPORE (May 5): Kingboard Copper Foil Holdings, the producer of electrolysed copper foil, has announced earnings of HK$4.4 million ($0.8 million) for the 1Q ended March 31, nearly three times its 1Q16 earnings of HK$1.6 million in the previously on hig

Broker's Calls

Do record 1Q earnings signal the end of DBS Group's NPL woes?

SINGAPORE (May 3): RHB and Maybank Kim Eng Research are reiterating their “neutral” and “hold” calls on DBS Group at price targets of $20.50 and $19.86 respectively, up from the previous $19.35 and $18.13.

Results

Oxley posts 7% decline in 3Q earnings to $45.7 mil on higher costs & expenses

SINGAPORE (April 28): Property developer Oxley Holdings has declared $45.7 million in earnings attributable to holders for the third quarter ended March 31, down 12% from the $52.2 million it posted a year ago in spite of a near doubling of its revenue fo

Results

UIC registers flat 1Q earnings at $60 mil despite higher revenue

SINGAPORE (April 28): United Industrial Corporation (UIC), the property development and investment company, posted $60 million in earnings for the first quarter ended March 31, relatively unchanged from a year ago.

Results

Mapletree Logistics Trust announces 3% rise in 4Q DPU to 1.86 cents

SINGAPORE (April 27): The manager of Mapletree Logistics Trust (MLT) has declared a distribution per unit (DPU) of 1.86 cents for 4Q16/17, 3.3% higher from 1.80% in the same quarter a year ago.

Results

China Sunsine’s 1Q earnings nearly double to $11.6 million on revenue surge

SINGAPORE (April 27): China Sunsine Chemical Holdings, one of the largest producers of rubber accelerators in the world, reported earnings of RMB57.2 million ($11.6 million) for the first quarter ended March 31, nearly double from the RMB33.6 million post

Broker's Calls

Suntec REIT offers ‘good value’, but not enough to win this brokerage’s favour

SINGAPORE (April 26): Maybank Kim Eng Research is maintaining its “hold” call on Suntec REIT with an unchanged price target of $1.76, even as the trust registered 2.3% higher distribution per unit (DPU) at 2.425 cents this morning for the first quarte

Results

Yongnam’s FY16 losses widen nearly 10 times to $31.6 mil on higher overheads

SINGAPORE (Feb 28): Yongnam Holdings reported FY16 losses widened to $31.6 million from losses of $3.3 million a year ago on lower margins.

Results

Sino Grandness’ FY16 earnings nearly triple to $118 mil despite 4Q loss

SINGAPORE (Feb 28): Sino Grandness Food Industry saw FY16 earnings nearly triple to RMB578.2 million ($118 million) from a year ago on higher revenue and other operating income as well as lower finance costs.
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