FY16

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”

SINGAPORE (Feb 28): Maybank Kim Eng is maintaining its “hold” call on Ho Bee Land despite raising its target price on the stock to $2.47 from $2.13 previously, after rolling forward valuations to FY16 and incorporating the property developer’s recen

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.

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.

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.

SINGAPORE (Feb 27): Maybank Kim Eng Research continues to rate UOL Group Limited at “buy”, mainly for the property developer’s “strong execution with quick inventory turnover stemming from the right pricing strategy” following the release of its

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.

SINGAPORE (Feb 27): Singapore Medical Group (SMG), the healthcare services provider, has swung back into profitability for FY16 with record earnings of $2.4 million 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.

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.