FY17 results

SINGAPORE (Sept 4): Maybank Kim Eng Research is maintaining its “sell” call on UG Healthcare Corporation with a 16% lower price target of 21 cents while noting weak cost management and a weaker ability to pass on additional costs.

SINGAPORE (Aug 29): Noel Gifts, the flowers and gifts company, posted a 10.2% drop in FY17 earnings to $1.38 million from $1.52 million in FY16.

SINGAPORE (Aug 29): Home furniture exporter Koda reported earnings for FY17 more than doubled to US$4.1 million ($5.5 million) from US$1.6 million in FY16.

SINGAPORE (Aug 29): New Silkroutes Group (NSG), the investment holding company with exposure to the financial, energy, healthcare and real estate sectors, reported FY17 losses narrowed by 47% to US$1.79 million ($2.4 million) from US$3.4 million in FY16.

SINGAPORE (Aug 28): Chuan Hup Holdings reported a 74.3% rise in earnings to US$17.9 million ($24.2 million) in FY17 from US$10.3 million in FY16 on higher sales.

SINGAPORE (Aug 28): Hai Leck today announced that its earnings dropped 37.8% to $7.9 million for the full year ended June, from $12.8 million a year ago.

SINGAPORE (Aug 28): Micro-Mechanics, the manufacturer of high precision tools and parts for the semiconductor industry, reported earnings jumped 24.2% to a record $14.8 million for FY17 ended June from a year ago.

SINGAPORE (Aug 28): CIMB is maintaining its “add” on CEI, the contract manufacturer of printed circuit boards, after the group expects to remain profitable in FY17.

SINGAPORE (Aug 28): Capital World, the group formerly known as Terratech which is now into property development, announced FY17 earnings increased 63% to RM70.1 million ($22.2 million) from RM42.9 million in FY16.

SINGAPORE (Aug 25): Imperium Crown, the real estate developer, narrowed its net losses for FY17 to $6.7 million from $12.4 million in FY16.