FY16

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.

Results

Haw Par posts 31.8% decline in FY16 earnings to $125 mil on absence of one-off gains

SINGAPORE (Feb 23): Haw Par Corporation reported FY16 earnings of $125 million, a 31.8% decline from the previous year’s earnings of $183.3 million due to one-off equity accounting gains from an associate in the previous year.

Broker's Calls

Procurri gets a downgrade following 4Q earnings miss

SINGAPORE (Feb 23): DBS Vickers Securities has downgraded its “buy” call on Procurri Corporation to “hold”, while lowering its target price to 40 cents from 56 cents previously.

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.

Broker's Calls

Why an upgrade on Delfi is still sometime away despite recovering sales

SINGAPORE (Feb 23): CIMB Research is leaving its “hold” rating on Delfi unchanged with a slightly lower target price of $2.30 from $2.31 previously despite a recent fourfold surge in 4Q16 earnings to US$3.7 million ($5.2 million).

Results

Soilbuild posts 37.6% decline in 4Q earnings to $3.5 mil on lower revenue

SINGAPORE (Feb 22): Soilbuild Construction Group reported $3.5 million in earnings for 4Q16, down 37.6% from its net profit of $5.6 million in 4Q15.

Results

BreadTalk posts 50.4% rise in FY16 earnings to $11.4 mil

SINGAPORE (Feb 22): Breadtalk Group reported FY16 earnings of $11.4 million, up 50.4% from $7.6 million a year ago on a steeper drop in cost of sales and 3.3% higher other income of $8.9 million.
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