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financial statement
Results
AP Oil posts 31% fall in FY17 earnings to $2.4 mil on lower margins & forex losses
SINGAPORE (Feb 26): AP Oil International announced 31% lower FY17 earnings of $2.4 million compared to $3.5 million in FY16 on lower margins and foreign exchange (forex) losses incurred.
February 26, 2018
Results
SUTL Enterprise reports 2% higher 4Q earnings of $2 mil on lower expenses
SINGAPORE (Feb 26): SUTL Enterprise today reported a 2% rise in earnings to $2 million from $1.97 million a year ago on lower expenses.
February 26, 2018
Results
Yeo Hiap Seng posts 25.6% lower 4Q earnings of $10.3 mil on revenue decline
SINGAPORE (Feb 23): Yeo Hiap Seng saw its earnings fall 25.6% to $7.7 million in 4Q17 from $10.3 million in 4Q16 on lower revenue.
February 23, 2018
Results
UIC posts 5% rise in FY17 earnings to $301 mil on higher sales and share of JV results
SINGAPORE (Feb 23): United Industrial Corporation (UIC) reported earnings of $301 million for FY17, up 5% from $286 million in FY16 on higher revenue and share of joint ventures’ results.
February 23, 2018
Results
APAC Realty's 4Q earnings up 60% to $7.9 mil on higher revenue
SINGAPORE (Feb 23): Real estate services provider APAC Realty announced earnings of $7.9 million for the 4Q ended Dec 2017, up 59.7% from $4.9 million on higher revenue driven by increased real estate brokerage fees and related services.
February 23, 2018
Results
Kingboard Copper Foil FY17 earnings triple to $3 mil on lower cost of sales
SINGAPORE (Feb 22): Kingboard Copper Foil reported HK$17.8 million ($3 million) in earnings for the full year ended Dec 2017, up more than threefold from HK$4.9 million a year ago on lower cost of sales.
February 22, 2018
Results
Frencken posts 18.9% rise in 4Q earnings to $5.3 mil on higher revenue
SINGAPORE (Feb 22): Frencken Group ended FY17 with a 4Q profit of $5.3 million, up 18.9% from $4.4 million a year ago on higher on higher revenue. This brings the group’s earnings for the full year to $33.1 million, double of the $16 million reported in
February 22, 2018
Broker's Calls
Improving order outlook keeps SembMarine at 'buy' despite 4Q provisioning of everything but the kitchen sink
SINGAPORE (Feb 22): CIMB is maintaining its “add” call on Sembcorp Marine (SMM) at a higher target price of $3.01, which is now based on a 20-year average of 2.5 times book value.
February 22, 2018
Results
SembMarine swings into the red in 4Q with $33.8 mil loss
SINGAPORE (Feb 21): Sembcorp Marine (SMM) has announced a loss of $33.8 million for 4Q17, compared to earnings of $34.3 million a year ago, on lower turnover as well as higher costs.
February 21, 2018
Broker's Calls
Can Jumbo catch up in 2Q with its new restaurant outlets?
SINGAPORE (Feb 20): Maybank is maintaining its “buy” call on Jumbo with an unchanged price target of 70 cents even after the group’s 1Q18 earnings came in below expectations at only 12% of the research house’s FY18E forecasts and at 13% of consens
February 20, 2018