FY17 results

Results

Sheng Siong's 4Q earnings up 9.3% to $16.8 mil on higher revenue

SINGAPORE (Feb 22): Sheng Siong reported a 9.3% rise in 4Q17 earnings to $16.8 million compared to $15.4 million in 4Q16.

Results

Secura sinks into the red in FY17 with $1.78 mil losses on impairment of goodwill

SINGAPORE (Feb 22): Secura Group sunk in losses of $1.78 million in FY17, compared to earnings or $0.85 million in FY16 on impairment of goodwill.

Results

BreadTalk's FY17 earnings double to $21.8 mil

SINGAPORE (Feb 22): BreadTalk announced FY17 earnings of $21.8 million, almost double the $11.4 million recorded in FY16.

Results

Sinwa reverses into profitability in FY17 on record revenue

SINGAPORE (Feb 21): Sinwa, the marine supply and logistics company, has reversed back to profitability in FY17, posting earnings of $9.5 million compared to a loss of $9.5 million in FY16.

Results

StarHub posts 74% drop in 4Q earnings to $14.1 mil on higher operating expenses

SINGAPORE (Feb 14): StarHub saw its earnings plunge 74% to $14.1 million for the 4Q ended December on higher operating expenses, from $54.0 million a year ago.

Results

ComfortDelGro posts 4.9% drop in FY17 earnings to $301.5 mil as competition in taxi business heats up

SINGAPORE (Feb 13): Transport operator ComfortDelGro Corporation recorded a 4.9% decline in earnings to $301.5 million for the full year ended December, from $317.1 million a year ago.

Results

Sing Investments posts 63.7% rise in full-year earnings to $22.7 mil

SINGAPORE (Feb 12): Sing Investments & Finance saw its earnings surge 63.7% to $22.7 million for the full year ended December, from $13.9 million a year ago.

Results

SBS Transit posts 50.3% increase in FY17 earnings to $47.1 mil

SINGAPORE (Feb 12): SBS Transit announced that its FY17 earnings increased by 50.3% to $47.1 million compared to $31.4 million in FY16.

Results

Vicom's full-year earnings dip 5.9% to $26.5 mil on lower revenue

SINGAPORE (Feb 9): Vehicle inspection services provider Vicom saw its earnings fall 5.9% to $26.5 million for the full year ended December, from $28.2 million a year ago.

Broker's Calls

Tepid DPU growth outlook remains for Hutchison Port Holdings Trust: DBS

SINGAPORE (Feb 6): DBS Vickers Securities is maintaining its “hold” call on Hutchison Port Holdings Trust (HPHT) with an unchanged target price of 39 US cents (51 cents), which is based on a discounted cash flow valuation framework with a 7.4% weighte
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