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FY16
Results
Genting Singapore swings back to profitability in 4Q with earnings of $159.2 mil on lower expenses
SINGAPORE (Feb 22): Genting Singapore swung back into the black in 4Q16 with earnings of $159.2 million from a loss of $7.8 million a year ago, thanks to lower expenses and impairment on trade receivables.
February 22, 2017
Results
Serial System’s 4Q earnings quadruple to $5.7 mil on one-off gain and higher income
SINGAPORE (Feb 22): Serial System has announced earnings of US$4 million ($5.7 million) for the fourth quarter ended Dec 31, four times more than a year ago.
February 22, 2017
Broker's Calls
Buy, hold or sell Raffles Medical Group? These brokerages have no common ground
SINGAPORE (Feb 21): The research houses of CIMB, RHB and DBS are reiterating their divided opinions on Raffles Medical Group after it on Monday reported a 1.3% rise in FY16 earnings to $70.2 million on higher revenue.
February 21, 2017
Results
Auric Pacific back in the black with FY16 earnings of $7.2 mil
SINGAPORE (Feb 21): Auric Pacific Group announced earnings of $7.2 million for FY16, turning around from its $40.8 million of losses posted in FY15.
February 21, 2017
Results
Maxi-Cash’s FY16 earnings nearly triple to $11.3 mil on higher revenue
SINGAPORE (Feb 20): Pawnbroker Maxi-Cash reported $11.3 million in earnings for the full year ended Dec 31 on higher revenue, nearly three times of the $3.8 million posted a year ago.
February 20, 2017
Raffles Medical’s FY16 earnings rise 1.3% to $70.2 mil on higher revenue
SINGAPORE (Feb 20): Raffles Medical Group reported earnings of $70.2 million for the full year ended Dec 31, 1.3% higher than the $69.3 million it posted in FY15.
February 20, 2017
Results
DBS posts 9% fall in 4Q earnings to $913 mil on higher allowances
SINGAPORE (Feb 16): DBS Group reported a 9% fall in earnings of $913 million for the 4Q ended Dec from a year ago, bringing FY16 earnings to $4.24 billion.
February 16, 2017
Broker's Calls
Why CEI shareholders have cause to celebrate despite less-than-stellar results
SINGAPORE (Feb 14): CIMB Research is maintaining its “add” recommendation on CEI, raising its target price to $1.11 from $1.04 previously as the research house rolls over to FY18F.
February 14, 2017
Results
OCBC reports 18% fall in 4Q earnings to $789 mil
SINGAPORE (Feb 14): Oversea-Chinese Banking Corporation reported a 18% fall in earnings to $789 million for the 4Q16 ended Dec from a year ago.
February 14, 2017
Results
Great Eastern’s FY16 earnings down 25% to $589.3 mil
SINGAPORE (Feb 13): Great Eastern Holdings has declared an 11% decline in 4Q16 earnings to $195.2 million, mainly due to lower operating and non-operating profit brought about by unrealised fair value losses from the valuation of assets and liabilities.
February 13, 2017