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financial statement
Results
Hotung's 3Q earnings grow 11% to $4.2 mil on lower impairment losses and expenses
SINGAPORE (Nov 8): Hotung Investment Holdings announced earnings of NT$93.2 million ($4.2 million) for the third quarter ended Sept, up 11% from NT$84.2 million a year ago.
November 08, 2017
Results
Broadway Industrial swings back to profitability with $0.4 mil earnings
SINGAPORE (Nov 8): Broadway Industrial Group has swung back into the black in 3Q17 on higher revenue and lower expenses from cost-cutting initiatives.
November 08, 2017
Results
Kitchen Culture remains in the red with $6.4 mil loss for FP17
SINGAPORE (Aug 30): Kitchen Culture, the distributor of high-end kitchen systems, announced a loss of $6.4 million for the full 18 months ended June compared to a loss of $5.3 million in FY15 ended Dec.
August 30, 2017
Results
TMC Education’s FY17 losses narrow 90.7% to $0.5 mil
SINGAPORE (Aug 29): TMC Education Corporation has announced a loss of $547,000 for the full year ended June, representing a 90.7% improvement from the $5.9 million loss it reported in FY16.
August 29, 2017
Results
Grand Banks Yachts posts 73.6% fall in FY17 earnings to $0.5 million
SINGAPORE (Aug 28): Grand Banks Yachts, the manufacturer and retailer of luxury motor yachts, has announced a net profit of $0.5 million for the full year ended June, representing a 73.6% decline from its $2 million in earnings for FY16 on a surge in expe
August 28, 2017
Broker's Calls
Wing Tai to enjoy Malaysia privatisation gains from FY18 onwards: CIMB
SINGAPORE (Aug 25): CIMB Research is maintaining its “add” recommendation on Wing Tai Holdings while lifting its target price to $2.32 from $2.05 previously, which is pegged at a 35% discount to a revalued net asset value (RNAV) estimate of $3.57.
August 25, 2017
Results
Wing Tai posts near-trebling of FY17 earnings to $20.1 mil
SINGAPORE (Aug 24): Property group Wing Tai Holdings has announced earnings of $20.1 million for the FY17 ended June, nearly triple from its earnings of $7.1 million in FY16 on lower distribution expenses and increased share of profits of associated and j
August 24, 2017
Results
Raffles Education swings back into the black in FY17 on reversal of tax payable
SINGAPORE (Aug 23): Raffles Education Corporation posted earnings of $627,000 for FY17 ended June, a reversal from the $21.1 million loss in FY16.
August 23, 2017
Results
Hengxin Technology reports 35.8% rise in 1H earnings to $14 mil
SINGAPORE (Aug 17): Hengxin Technology, the manufacturer of radio frequency (RF) coaxial cables for mobile communications in China, has announced interim earnings of RMB68.6 million ($14 million) for the 1H17 ended June, up 35.8% from RMB50.5 million in 1
August 17, 2017
Broker's Calls
After a strong quarter, Midas is set to go full speed ahead in 2H
SINGAPORE (Aug 16): DBS Vickers Securities is maintaining its “buy” recommendation on Midas Holdings, the manufacturer of aluminium alloy extrusion products for railways in China, with an unchanged target price of 36 cents.
August 16, 2017