FY17

SINGAPORE (Feb 28): Precision metal components manufacturer InnoTek announced earnings of $2.8 million for 4Q17, down 42% from $4.8 million in the same period a year ago on unrealised exchange losses and higher tax expense.

SINGAPORE (Feb 28): Cocoa ingredients producer JB Foods announced earnings of US$6.5 million ($8.6 million) for 4Q17, representing a fivefold increase from its earnings of US$1.1 million a year ago on margin improvements. 

SINGAPORE (Feb 28): Venture Corporation reported record full-year earnings of $372.8 million in FY17, doubling from its profit of $180.7 million a year ago as revenue hit the $4 billion mark.

SINGAPORE (Feb 28): CIMB is reiterating its “add” recommendation on UOL Group with a target price of $9.67, which is based on a 20% discount to a higher RNAV of $12.09 after adjusting FY81-19 EPS estimates post the property developer’s 4Q results.

SINGAPORE (Feb 28): UOB Kay Hian is maintaining its “buy” call on Cityneon Holdings while putting its target price of $1.55 under review, pending the group’s results briefing later today.

SINGAPORE (Feb 27): Centurion Corp posted earnings of $5.9 million for the 4Q ended Dec 2017, nearly doubling from its 4Q16 earnings of $2.9 million a year ago after adjusting for fair value losses on investment properties and assets held for sale, provid

SINGAPORE (Feb 27): Cityneon has announced FY17 earnings of $17.4 million, which marks a historical record high for the group and is more than double of FY16’s earnings of $6.7 million on higher revenue.

SINGAPORE (Feb 27): Hong Leong Finance reported a 61.5% rise in FY17 earnings to $85.7 million from $53.1 million a year ago, which is equivalent to 19.3 cents per share, after topping up provisions amounting to $3.8 million against $1.1 million in FY16.

SINGAPORE (Feb 27): Interra Resources reported earnings of US$1.3 million ($1.7 million) for FY17 compared to its FY16 loss of US$8.1 million, mainly due to lower share of losses from associated companies.

SINGAPORE (Feb 27): Precision engineering group UMS Holdings saw a near trebling of its 4Q17 earnings to $15.8 million from $6 million a year ago on higher revenue and a one-off gain.