Financial results

Results

Avi-Tech posts 6.4% rise in 2Q earnings to $1.8 mil on revenue growth

SINGAPORE (Feb 8): Avi-Tech Electronics reported earnings of $1.79 million for the second quarter ended 31 Dec, up 6.4% from $1.68 million a year ago on higher revenue.

Results

Haw Par posts 21.3% rise in 3Q earnings to $42.4 mil

SINGAPORE (Nov 11): Haw Par Corporation has posted 3Q16 earnings of $42.4 million, up 21.3% from $34.9 million a year ago due to higher gross margins and absence of one-off loss on disposal of available-for-sale financial assets in prior year.

Results

Global Invacom reports second consecutive quarter of profitability

SINGAPORE (Nov 11): Global Invacom Group, the satellite communications provider, reported its second consecutive quarter of profitability with US$0.7 million ($1 million) in earnings as compared to losses of US$2.7 million in the previous year due to lowe

Broker's Calls

A new Myanmar paves the way for Yoma’s future

SINGAPORE (Nov 10): DBS Vickers Securities is maintaining its “buy” call on Yoma Strategic Holdings with an unchanged target price of 80 cents, while remaining positive on the group’s prospects on the back of an improved operating outlook in Myanmar

Results

City Developments posts 60.1% rise in 3Q earnings to $170.3 mil on stronger sales and divestment gains

SINGAPORE (Nov 10): City Developments Limited (CDL) reported a 60.1% rise in 3Q16 earnings to $170.3 million from $106.4 million a year ago, bringing its earnings per share up 59.8% to 18.7 cents for the quarter from 11.7 cents in 3Q15.

Results

Frasers Centrepoint posts 12% decline in full-year earnings to $480 mil

SINGAPORE (Nov 9): Frasers Centrepoint Limited (FCL) reported an 11.8% drop in earnings to $479.9 million for the full year ended Sept from $543.8 million a year ago on the back of lower contributions from Singapore and Australia strategic business units

Results

Yoma’s 2Q earnings surge to $8.5 mil on higher revenue

SINGAPORE (Nov 8): Yoma Strategic Holdings, the Myanmar-focused business conglomerate, announced 2Q17 earnings rose more than 28 times to $8.5 million from $0.3 million the year before on higher revenue across all three of its core businesses comprising r

Results

Second Chance Properties’ 4Q earnings plunge 90.2% to $0.2 mil

SINGAPORE (Oct 25): Second Chance Properties posted earnings of $0.2 million for the 4Q16 ended August, plunging 90.2% from $2.1 million in the same period a year ago on lower revenue.

Results

Cache Logistics Trust posts 13.7% fall in DPU of 1.847 cents on absence of capital distribution and lower income

SINGAPORE (Oct 21): ARA-CWT Trust Management (Cache), the manager of Cache Logistics Trust (CLT), has announced a 3Q DPU of 1.847 cents, 13.7% down from 2.14 cents a year ago.

Results

Sysma’s FY16 earnings slump 36% on lower margins

SINGAPORE (Sept 21): Sysma Holdings posted a 35.7% earnings decline to $1.7 million for FY16 on lower margins. A year ago earnings came in at $2.6 million.
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