financial statement

SINGAPORE (Feb 27): Cityneon has announced FY17 earnings of $17.4 million, which marks a historical record high for the group and is more than double of FY16’s earnings of $6.7 million on higher revenue.

SINGAPORE (Feb 27): Hong Leong Finance reported a 61.5% rise in FY17 earnings to $85.7 million from $53.1 million a year ago, which is equivalent to 19.3 cents per share, after topping up provisions amounting to $3.8 million against $1.1 million in FY16.

SINGAPORE (Feb 27): Interra Resources reported earnings of US$1.3 million ($1.7 million) for FY17 compared to its FY16 loss of US$8.1 million, mainly due to lower share of losses from associated companies.

SINGAPORE (Feb 27): Precision engineering group UMS Holdings saw a near trebling of its 4Q17 earnings to $15.8 million from $6 million a year ago on higher revenue and a one-off gain.

SINGAPORE (Feb 27): Union Gas Holdings reported a profit of $4.2 million for the FY17 ended Dec 2017, down 11.1% from $4.7 million a year ago on higher administrative expenses.

SINGAPORE (Feb 27): Water solutions provider Hyflux has announced a FY17 loss of $116.4 million compared to $3.8 million in earnings posted for FY16, citing continued weak electricity prices across the Singapore power market.

SINGAPORE (Feb 27): Maybank Kim Eng is maintaining its “buy” call on Best World International with a 10% higher price target of $2.06 compared to $1.88 previously after raising FY18-19 earnings per share (EPS) estimates on expectations of stronger Chi

SINGAPORE (Feb 27): Golden Agri-Resources has sunk into a 4Q17 loss of US$29.1 million ($38.3 million), compared its profit of US$46.3 million posted in the same period a year ago on lower revenue and share of joint ventures, forex losses as well as a one

SINGAPORE (Feb 27): Banyan Tree Holdings reported earnings of $3.9 million for the quarter ended Dec 2017, down by more than half of the $8.5 million posted in the same period a year ago on higher expenses.

SINGAPORE (Feb 26): Best World International, the direct seller of skincare and wellness products, has reported earnings of $21.8 million for the 4Q ended Dec 2017, up 77.2% from $12.3 million in 4Q16 on higher revenue.