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FY17
Results
Union Gas FY17 earnings fall 11.1% to $4.2 mil on higher admin expenses
SINGAPORE (Feb 27): Union Gas Holdings reported a profit of $4.2 million for the FY17 ended Dec 2017, down 11.1% from $4.7 million a year ago on higher administrative expenses.
February 27, 2018
Results
Hyflux sinks into FY17 loss of $116.4 mil; continues seeking buyer for Tuaspring plant
SINGAPORE (Feb 27): Water solutions provider Hyflux has announced a FY17 loss of $116.4 million compared to $3.8 million in earnings posted for FY16, citing continued weak electricity prices across the Singapore power market.
February 27, 2018
Broker's Calls
Best World's stellar FY17 earnings are but a prelude to the better year ahead, says Maybank
SINGAPORE (Feb 27): Maybank Kim Eng is maintaining its “buy” call on Best World International with a 10% higher price target of $2.06 compared to $1.88 previously after raising FY18-19 earnings per share (EPS) estimates on expectations of stronger Chi
February 27, 2018
Results
Golden Agri sinks into the red with 4Q loss of US$29.1 mil
SINGAPORE (Feb 27): Golden Agri-Resources has sunk into a 4Q17 loss of US$29.1 million ($38.3 million), compared its profit of US$46.3 million posted in the same period a year ago on lower revenue and share of joint ventures, forex losses as well as a one
February 27, 2018
Results
Banyan Tree 4Q earnings halved to $3.9 mil on higher expenses
SINGAPORE (Feb 27): Banyan Tree Holdings reported earnings of $3.9 million for the quarter ended Dec 2017, down by more than half of the $8.5 million posted in the same period a year ago on higher expenses.
February 27, 2018
Results
Best World sees near doubling of 4Q earnings to $21.8 mil on higher revenue
SINGAPORE (Feb 26): Best World International, the direct seller of skincare and wellness products, has reported earnings of $21.8 million for the 4Q ended Dec 2017, up 77.2% from $12.3 million in 4Q16 on higher revenue.
February 26, 2018
Results
AP Oil posts 31% fall in FY17 earnings to $2.4 mil on lower margins & forex losses
SINGAPORE (Feb 26): AP Oil International announced 31% lower FY17 earnings of $2.4 million compared to $3.5 million in FY16 on lower margins and foreign exchange (forex) losses incurred.
February 26, 2018
Results
Federal International 2000 announces 41.7% lower FY17 earnings of $4.2 mil
SINGAPORE (Feb 26): Federal International (2000) reported a 68.9% decline in 4Q earnings to $1.1 million from $3.7 million a year ago on lower other income. This brings the group’s earnings for the full year to $4.2 million, down 41.7% from $7.3 million
February 26, 2018
Broker's Calls
New strategy puts a positive spin on Sembcorp Industries' outlook
SINGAPORE (Feb 26): Analysts are optimistic on the outlook of Sembcorp Industries (SCI) post the outcome of its strategic review, even as the group last week reported a 84.6% decline in its 4Q earnings to $22.8 million as its marine segment continued to d
February 26, 2018
Results
SUTL Enterprise reports 2% higher 4Q earnings of $2 mil on lower expenses
SINGAPORE (Feb 26): SUTL Enterprise today reported a 2% rise in earnings to $2 million from $1.97 million a year ago on lower expenses.
February 26, 2018