financial statement

Results

Bumitama 1Q earnings rise 21.4% to $29.3 mil on higher revenue

SINGAPORE (May 15): Bumitama Agri reported 1Q earnings of IDR 278.4 billion ($29.3 million), 21.4% higher than the same quarter a year ago.

Results

Golden Agri’s 1Q earnings fall 60.1% to $52.2 mil on higher expenses and forex loss

SINGAPORE (May 15): Golden Agri-Resources has posted earnings of US$37.5 million ($52.2 million) for the 1Q ended March 31, declining 60.1% from the US$94.1 million earnings announced in the preceding year.

Results

Olam reports 26.6% higher 1Q earnings of $143.9 mil on improved operational performance

SINGAPORE (May 15): Commodities trader Olam International announced $143.9 million in earnings for 1Q17, representing a 26.6% increase from $113.6 million in the previous year.

Results

Spackman Entertainment out of the red with 1Q earnings of $7.6 mil

SINGAPORE (May 15): Spackman Entertainment Group reported US$5.4 million ($7.6 million) of earnings for the 1Q ended March 31, reversing from its US$1 million net loss position in the same quarter a year ago on higher revenue.

Results

Cordlife sees 3Q losses narrow 80.4% to $0.4 mil

SINGAPORE (May 12): Cordlife Holdings says 3Q17 losses narrowed to $0.4 million from $2 million a year ago.

Results

Midas 1Q earnings nearly treble to $5.8 mil on higher revenue

SINGAPORE (May 12): Midas Holdings has announced earnings of RMB28.7 million ($5.8 million) for the first quarter ended March 31, nearly three times up from the RMB10 million posted in the same quarter a year ago on a surge in revenue.

Results

AusGroup swings back to profitability with $3.4 mil of 3Q earnings on lower costs

SINGAPORE (May 12): AusGroup, the integrated solutions provider to the energy, industrial and mining sectors across Australia and Southeast Asia, posted earnings of A$3.3 million ($3.4 million) for the third quarter ended March 31 – reversing from its l

Results

Sino Grandness’s 1Q earnings fall nearly sevenfold to $10.8 mil

SINGAPORE (May 12): Sino Grandness Food Industry Group has announced RMB52.8 million ($10.8 million) of earnings for the 1Q ended March 31, down nearly seven times from the RMB360.2 million reported in the same quarter a year ago.

Broker's Calls

Food Empire’s positive outlook sustained by the rise of CIS markets

SINGAPORE (May 12): RHB Research is reiterating its “buy” call on Food Empire while raising its target price to 85 cents from 76 cents previously, after the food and beverage (F&B) maker posted a 58.8% rise in 1Q earnings to $8.9 million on Thursday.
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