financial statement

Results

Ho Bee Land’s 4Q earnings fall 33.1% to $129.5 mil on lower fair value gain

SINGAPORE (Feb 27): Property group Ho Bee Land has declared a 33.1% decline in 4Q16 earnings to $129.5 million from $191.7 million a year ago.

Results

Sunningdale Tech’s 4Q earnings rise 63.3% to $21.5 mil

SINGAPORE (Feb 27): Sunningdale Tech, the manufacturer of precision plastic components, reported a 63.3% rise in 4Q earnings to $21.5 million from $13.2 million a year ago.

Results

Soo Kee’s 4Q earnings rise 23.4% to $2.9 mil on higher revenue

SINGAPORE (Feb 24): Soo Kee Group reported $2.9 million in earnings for the fourth quarter ended Dec 31, a 23.4% improvement compared to the $36.4 million of earnings announced a year ago.

Results

Venture Corp posts 20.6% rise in 4Q earnings to $54.1 mil on higher revenue

SINGAPORE (Feb 24): Venture Corp, the electronics services provider, posted 4Q16 earnings of $54.1 million, 20.6% higher from $44.8 million of earnings declared a year ago on higher revenue.  

Results

Golden Agri-Resources sees 4Q earnings double to $65 mil on higher revenue & forex gains

SINGAPORE (Feb 24): Golden Agri-Resources announced earnings of US$46.3 million ($65 million) for the fourth quarter ended Dec 31, more than double its 4Q15 earnings of US$19.6 million on higher revenue and forex gains.

Broker's Calls

Why Ezion is a good buy despite FY16 earnings miss

SINGAPORE (Feb 24): CIMB Research is maintaining its “add” rating on Ezion Holdings with a raised target price of 45 cents from 44 cents previously, even as offshore service provider on Thursday reported a widening of new 4Q losses to US$66.6 million

Broker's Calls

Why this brokerage thinks BreadTalk is a recipe for investor success

SINGAPORE (Feb 24): RHB is maintaining its “buy” call on BreadTalk with a higher target price of $1.50, as it witnesses a turnaround in the group’s core business after its FY16 margins beat expectations.

Results

IHH Healthcare sinks into the red with 4Q loss of $13.5 mil

SINGAPORE (Feb 23): IHH Healthcare Berhad has declared a loss of RM42.5 million ($13.5 million) as compared to RM415.8 million in earnings a year ago, led by foreign exchange losses on borrowings as well as fair value losses.

Broker's Calls

Banyan Tree swings back to profitability in 4Q with earnings of $8.5 mil

SINGAPORE (Feb 23): Banyan Tree Holdings, the manager and developer of luxury hotels, resorts and spas in Asia, has declared $8.5 million in 4Q earnings on higher operating profit – a turnaround from the $18.4 million loss posted in 4Q15.

Results

Cityneon’s FY16 earnings rise more than sevenfold to $6.7 million

SINGAPORE (Feb 23): Cityneon Holdings reported record FY16 earnings of $6.7 million, more than seven times of the $0.9 million declared in FY15.
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