financial statement

Results

Hiap Seng Engineering sinks into full year losses of $18.9 mil

SINGAPORE (May 31): Hiap Seng Engineering declared larger 4Q losses of $9.8 million from its $1.8 million loss in 4Q17 due to a combination of declining turnover and gross profit margin, higher-than-expected operating costs, and a goodwill impairment from

Results

Courts Asia posts 66% lower FY18 earnings of $8 mil on Malaysia headwinds

SINGAPORE (May 30): Courts Asia, the retailer of IT, household electrical and furniture goods, reported earnings of $8.1 million for FY17/18, down 66.1% from its FY17/16 earnings of $23.7 million a year ago on lower gross profit margin and an overall reve

Results

Chasen's 4Q earnings double to $2.4 mil on higher revenue

SINGAPORE (May 30): Chasen Holdings, the provider of specialist relocation services, reported earnings of $2.4 million for the 4Q ended March, doubling from its 4Q17 earnings of $1.2 million a year ago on higher revenue.

Results

Accrelist swings back to profitability in FY18 after change in accounting treatment

SINGAPORE (May 30): Accrelist, the provider of corporate accretion services, swung back to profitability with earnings of $0.2 million in FY18 from $8.3 million in losses the previous year.

Results

Tung Lok sinks into the red with FY18 loss of $1.4 mil

SINGAPORE (May 28): Tung Lok Restaurants (2000) reported a loss of $1.4 million in FY18 compared to earnings of $0.42 million in FY17 due to a combination of higher expenses and lower other operating income.

Results

Gaylin's FY18 loss widens to $51.6 mil on inventory provisioning

SINGAPORE (May 28): Gaylin Holdings, the specialist provider of products, services and solutions to the oil & gas (O&G) and maritime industries, saw 4Q losses widen to $44.4 million from a loss of $6.2 million a year ago due to higher provision for slow-m

Results

Pan Hong's FY18 earnings halved to $5.2 mil on lower revenue & margins

SINGAPORE (May 28): Property developer Pan Hong Holdings reported earnings of RMB24.6 million ($5.2 million) for the FY18 ended March, representing a 60.8% decline from its FY17 earnings of RMB62.7 million a year ago on lower revenue and margins, as well

Results

RHT Health Trust posts 5.4% lower 4Q DPU of 1.06 cents on higher borrowings & expenses

SINGAPORE (May 25): The trustee-manager of RHT Health Trust has declared a 4Q18 distribution per unit (DPU) of 1.06 cents, down 5.4% from its quarterly DPU of 1.12 cents a year ago due to higher borrowings and expenses.

Results

Singapore Shipping Corp posts 60% surge in 4Q earnings to $3.5 mil on higher revenue

SINGAPORE (May 24): Singapore Shipping Corporation reported a 60% rise in earnings to US$2.6 million ($3.5 million) for the 4Q18 ended March from its earnings of US$1.6 million in 4Q17 on higher revenue.  

Results

Sanli Environmental posts 40.7% lower FY18 earnings of $3.1 mil; announces 0.25 cent dividend

SINGAPORE (May 23): Sanli Environmental has announced earnings of $3.1 million for the FY18 ended March, down by 40.7% from its earnings of $5.2 million a year ago due to lower overall gross profit margin as well as higher administrative expenses and cost
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