financial statement

SINGAPORE (Aug 16): Healthway Medical Corporation reported a loss of $504,000 for the 1Q17 ended March, compared to $580,000 in profits posted in 1Q16 as finance costs more than doubled from a year ago on short-term borrowings.  

SINGAPORE (Aug 15): Shipbuilder Nam Cheong has sunk deeper into the red, reporting a loss RM2.1 billion ($670 million) for the half year ended June, compared to a loss of RM37 million in the same period a year ago.

SINGAPORE (Aug 14): The trustee-manager of Accordia Golf Trust (AGT) has declared a distribution per unit (DPU) of 1.63 yen (2 cents) for 1QFY17/18, about 17.3% higher than the DPU of 1.82 yen declared in 1QFY16/17 a year ago.

SINGAPORE (Aug 14): Energy services provider KS Energy Group announced a loss of $0.6 million for the 2Q17 ended June, narrowing significantly from the loss of $31.5 million posted in the same period a year ago.

SINGAPORE (Aug 14): Oil and gas (O&G) explorer KrisEnergy reported a smaller 1H17 net loss of US$26.1 million ($35.5 million), down from US$45.2 million in 1H16.

SINGAPORE (Aug 14): IFS Capital today announced 2Q17 earnings of $95,000, representing a 81.1% decline from the $0.5 million it posted in 2Q16 on higher net claims incurred (NCI) in its insurance business.

SINGAPORE (Aug 14): Cityneon Holdings announced earnings of $7.7 million for the 1H17 ended June, up 62.4% from $4.7 million in 1H16.

SINGAPORE (Aug 14): Luxury watch retailer The Hour Glass Group announced earnings of $7 million for the 1Q18 ended June, down 15% from $8.2 million posted in 1H17 on higher expenses which were largely attributable to a one-time relocation cost.

SINGAPORE (Aug 14): HRnetGroup announced earnings of $7.3 million for the 2Q ended June, down 10.3% from the $8.2 million reported a year ago.

SINGAPORE (Aug 14): DBS is reiterating its “buy” call on mm2 Asia after lowering its target price estimate on the stock to 60 cents from 75 cents previously to account for share dilution post its equity fundraising exercise, as well as the cancellatio