financial statement

Results

Challenger announces 22% higher FY18 earnings of $19.5 mil; proposes 2-cent final dividend

SINGAPORE (Feb 15): Challenger Technologies has concluded FY18 with $19.5 million in earnings, up 22% from $16 million in FY17 due to higher gross profit and lower operating expenses.

Results

Bukit Sembawang's 3Q earnings treble to $54 mil on higher revenue

SINGAPORE (Feb 14): Property developer Bukit Sembawang Estates posted $54 million in earnings for the 3Q ended Dec 2018, up more than threefold from its restated 3Q18 earnings of $15.8 million due to a sevenfold y-o-y surge in revenue.  

Results

Old Chang Kee's 3Q earnings up 24.6% at $1.5 mil on higher revenue & improved margins

SINGAPORE (Feb 14): Old Chang Kee reported 3Q19 earnings of $1.5 million, rising 24.6% y-o-y from $1.2 million on the back of higher revenue and lower cost of sales.

Results

AusGroup reports 87.9% fall in 2Q earnings to A$0.5 mil on reduced operating activity

SINGAPORE (Feb 13): Construction and engineering company AusGroup saw its earnings fall 87.9% y-o-y to A$0.49 million ($0.47 million) for the 2Q ended Dec 2018 as compared to earnings of A$4.8 million in 2Q18, due to reduced operating activity.

Results

SBS Transit posts 70% higher FY18 earnings of $80 mil on revenue surge

SINGAPORE (Feb 12): SBS Transit announced earnings of $80.1 million for FY18, up 70% y-o-y from its FY17 earnings of $47.1 million due to higher revenue.

Results

UnUsUaL reports 21.7% higher 3Q earnings of $3.1 mil despite margin decline

SINGAPORE (Feb 11): UnUsUaL Limited, the Catalist-listed subsidiary of mm2 Asia, reported a 21.7% y-o-y rise in 3Q earnings to $3.1 million compared to $2.5 million a year ago.

Broker's Calls

SIA Engineering hit by target price cuts after 3Q's negative surprise

SINGAPORE (Feb 11): Maybank Kim Eng is maintaining its “buy” call on SIA Engineering (SIA EC) with a lower price target of $2.85 compared to $3 previously after the group reported a 40% y-o-y decline in 3Q19 earnings due to one-off items.

Results

Koh Brothers Eco reports 31% lower FY18 earnings of $5.6 mil on profit margin decline

SINGAPORE (Feb 4): Koh Brothers Eco Engineering posted 4Q18 earnings of $2 million, down by more than half from its earnings of $4.5 million a year ago due to lower segment profit margins.

Results

SingPost reports 15.6% higher earnings of $50.2 mil on higher revenue & exceptional gain

SINGAPORE (Feb 1): Singapore Post (SingPost) has announced earnings of $50.2 million for 3Q19, growing 15.6% from $43.4 million a year ago,  largely due to higher revenue as well as a $28.2 million exceptional gain on the group’s dilution of interest i
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