financial statement

SINGAPORE (May 9): ValueMax reported earnings of $6.2 million for the 1Q18 ended March, up 25.3% from $4.9 million in 1Q17 on higher other operating income.

SINGAPORE (May 9): APAC Realty reported 1Q18 earnings of $5.9 million for the 1Q18 ended March, up 46.8% from $4 million a year ago due to higher revenue.

SINGAPORE (May 9): Hong Lai Huat (HLH) Group announced earnings of $4.2 million for 1Q18, unchanged from a year ago despite tripled revenue, due to higher expenses.

SINGAPORE (May 9): Centurion Corp reported a 15% fall in 1Q earnings to $9.1 million from $10.7 million a year ago due to lower revenue. 

SINGAPORE (May 9): Property group Hiap Hoe has announced a loss of $1.3 million for 1Q18, reversing into the red from earnings of $7.1 million a year ago on higher expenses and foreign exchange losses.

SINGAPORE (May 9): Trek 2000 reported earnings of US$0.5 million ($0.67 million) for the 1Q ended March, down more than half from its 1Q17 earnings of US$1.2 million due to a fourfold decline in revenue.

SINGAPORE (May 8): IPS Securex has posted a narrowing of 3Q losses to $0.2 million, which is half of its 3Q17 loss of $0.4 million a year ago due to lower expenses and a tax write-back.

SINGAPORE (May 8): Mun Siong Engineering reported a loss of $0.5 million for 1Q18 compared to $0.1 million in earnings a year ago, due to a significant decline in quarterly revenue and compressed profit margins.

SINGAPORE (May 8): QAF, the manufacturer of Gardenia sliced bread, reported earnings of $3 million for the 1Q18 ended March, down 79% from earnings of $14 million in 1Q17 on lower revenue and higher costs and expenses.

SINGAPORE (May 8): Bumitama Agri (BAL) reported a 16.8% decline in 1Q earnings to IDR231.8 billion ($21.7 million) from IDR278.4 billion on lower revenue and compressed margins.