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Financial results
Results
Haw Par posts 31.8% decline in FY16 earnings to $125 mil on absence of one-off gains
SINGAPORE (Feb 23): Haw Par Corporation reported FY16 earnings of $125 million, a 31.8% decline from the previous year’s earnings of $183.3 million due to one-off equity accounting gains from an associate in the previous year.
February 23, 2017
Results
Maxi-Cash’s FY16 earnings nearly triple to $11.3 mil on higher revenue
SINGAPORE (Feb 20): Pawnbroker Maxi-Cash reported $11.3 million in earnings for the full year ended Dec 31 on higher revenue, nearly three times of the $3.8 million posted a year ago.
February 20, 2017
Broker's Calls
‘Cloudy and challenging’ outlook holding iFAST back
SINGAPORE (Feb 20): RHB is remaining “neutral” on iFAST Corporation with a lower target price of 79 cents from 88 cents previously, after the online investment platform on Friday posted a 55% decline in FY16 earnings.
February 20, 2017
Broker's Calls
CIMB sees strong DPU visibility for this robust retail REIT
SINGAPORE (Feb 15): CIMB Research is maintaining its “add” call on Croesus Retail Trust (CRT) with an unchanged target price of 98 cents, following a strong quarter where the REIT reported a 5.2% DPU increase to 1.81 cents for 2Q17.
February 15, 2017
AusGroup swings back into profitability with 2Q earnings of $1.2 million
SINGAPORE (Feb 14): AusGroup, the Australian oilfield services provider, swung back into the black this quarter with earnings of A$1.1 million ($1.2 million), a reversal from the A$69.8 million loss it reported in the same quarter a year ago.
February 14, 2017
Results
Jumbo announces 26.1% rise in 1Q earnings to $2.6 mil on higher revenue
SINGAPORE (Feb 13): Jumbo Group has announced earnings of $2.6 million for the first quarter ended Dec 31, up 26.1% from $2.1 million a year ago on higher revenue.
February 13, 2017
Results
Old Chang Kee posts 11.1% rise in 3Q earnings to $1.4 mil on higher sales
SINGAPORE (Feb 13): Old Chang Kee posted a 11.1% rise in 3Q earnings to $1.4 million from $1.2 million a year ago on higher sales.
Revenue for the three months ended Dec rose 7.5% to $20.3 million from a year ago.
Revenue from retail outlets increas
February 13, 2017
Results
Metro 3Q earnings fall 63.3% to $20.5 mil on lower profits from associates
SINGAPORE (Feb 13): Metro Holdings has posted earnings of $20.5 million for 3Q17, a 63.3% decline from $56 million in 3Q16 due to lower income from its associates.
February 13, 2017
Results
Bukit Sembawang’s 3Q earnings plunge 78% to $5.4 mil on lower revenue expenses
SINGAPORE (Feb 10): Property developer Bukit Sembawang Estates has announced 3Q17 earnings of $5.4 million, down 78% from $24.3 million a year ago.
February 10, 2017
Results
Sin Heng Heavy Machinery posts 40% decline in 2Q earnings to $1 mil on lower revenue
SINGAPORE (Feb 2): Lifting service provider Sin Heng Heavy Machinery has announced $1 million in earnings for the quarter ended Dec 31, a 39.9% decline from the earnings of $1.8 million reported a year ago.
February 09, 2017