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financial statement
Results
Food Empire swings back into profitability in 4Q with $4.1 mil of earnings
SINGAPORE (March 1): Food Empire Holdings is back in the black after posting US$2.9 million ($4.1 million) of earnings for the fourth quarter ended Dec 31 compared to the group’s restated 4Q15 loss of $3.1 million reported a year ago.
March 01, 2017
Results
Centurion’s FY16 earnings fall 16% decline on investment properties fair value loss
SINGAPORE (March 1): Centurion Corp reported $28.7 million in earnings for the full year ended Dec 31, a 16% decline from its earnings of $34.1 million posted in the previous financial year.
March 01, 2017
Results
Vard’s FY16 losses narrow by 73% to $27 mil
SINGAPORE (March 1): Restructuring helped Vard Holdings narrow FY16 losses to NOK163 million ($27.3 million) from FY15 losses of NOK 603 million.
March 01, 2017
Results
Soup Restaurant’s FY16 earnings rise 3.2% to nearly $1 mil
SINGAPORE (Feb 28): Soup Restaurant Group reported a 3.2% rise in FY16 earnings of $998,000 on lower expenses.
February 28, 2017
Results
Yeo Hiap Seng posts 21.4% decline in FY16 earnings to $29 mil
SINGAPORE (Feb 28): Yeo Hiap Seng reported FY16 earnings of $29 million, down 21.4% from FY15 a year ago.
February 28, 2017
Results
YuuZoo sinks into the red in 4Q with $0.9 mil loss on lower revenue
SINGAPORE (Feb 28): YuuZoo Corporation reported a loss of $0.9 million for the 4Q16 due to lower sales compared to restated earnings of $4.7 million in 4Q15.
February 28, 2017
Broker's Calls
Strong quarter and estates’ young age profiles keep First Resources attractive
SINGAPORE (Feb 28): CIMB Research is maintaining its “add” recommendation on First Resources at an unchanged target price of $2.32 following the release of its financial statement 4Q16/FY16, where final core earnings were above the research house’s
February 28, 2017
Broker's Calls
Uncertainties remain for Noble even with FY17 profitability in sight
SINGAPORE (Feb 28): DBS Vickers Securities is keeping its “hold” call on Noble Group while raising its target price to 23 cents from 20 cents previously – on the belief that a further re-rating beyond the stock’s current level is “unjustified”
February 28, 2017
Results
Ying Li International Real Estate’s 4Q earnings fall 42.4% to $13.5 mil
SINGAPORE (Feb 27): Ying Li International Real Estate reported earnings of RMB65.8 million ($13.5 million) for the fourth quarter ended Dec 31, a 42.4% decline from the RMB114 million of earnings it posted a year ago.
February 27, 2017
Results
Jardine Cycle & Carriage posts 2% rise in FY16 earnings to US$702 mil
SINGAPORE (Feb 27): Jardine Cycle & Carriage reported FY16 earnings of US$702 million ($971 million) on gains from sale of a property and investment property valuations.
February 27, 2017