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FY17
Results
SembMarine swings into the red in 4Q with $33.8 mil loss
SINGAPORE (Feb 21): Sembcorp Marine (SMM) has announced a loss of $33.8 million for 4Q17, compared to earnings of $34.3 million a year ago, on lower turnover as well as higher costs.
February 21, 2018
Results
Sakae returns to profitability in FY17 on reduced expenses
SINGAPORE (Feb 15): Sakae Holdings concluded FY17 with $1.1 million in earnings, reversing from its losses of $12.6 million in FY16 on reduced expenses.
February 15, 2018
Broker's Calls
Will stiff taxi competition continue to hinder ComfortDelGro despite Uber alliance?
SINGAPORE (Feb 14): OCBC is upgrading its call on ComfortDelGro (CDG) while increasing its fair value to $2.25 from $2.12 previously after rolling forward its valuations, on the belief that CDG’s alliance with Uber, if approved, will help to stabilise t
February 14, 2018
Results
iFAST reports doubling of 4Q earnings to $2.5 mil on higher revenue
SINGAPORE (Feb 14): iFAST Corporation posted earnings of $2.5 million for 4Q ended Dec 2017, more than doubling from its earnings of $1.1 million a year ago on higher revenue.
February 14, 2018
Results
Koh Brothers posts 49% rise in FY17 earnings to $19.8 mil on higher sales
SINGAPORE (Feb 13): Koh Brothers Group announced 4Q earnings of $12.2 million, representing a 74% growth in earnings from $7 million a year ago. This brings the group’s earnings for the full year of FY17 to $19.8 million, up 49% from $13.3 million in FY
February 13, 2018
Results
OUE Lippo Healthcare FY17 losses widen to $90.7 mil on lower revenue & higher costs
SINGAPORE (Feb 12): OUE Lippo Healthcare further sunk into the red in FY17 with a loss of $90.7 million, 18% down from its loss of $76.8 million the previous year on lower revenue and higher costs of sales.
February 12, 2018
Results
OKP Holdings' 4Q earnings decline by 75% to $2 mil on lower revenue
SINGAPORE (Feb 12): Construction group OKP Holdings saw its 4Q earnings decline fourfold to $2 million from $8 million a year ago on lower revenue.
February 12, 2018
China Sunsine expects 'substantial increase' in 4Q and FY17 earnings
SINGAPORE (Feb 12): China Sunsine Chemical Holdings, the world’s largest producer of rubber accelerators, has issued a positive profit alert saying it expects to report a substantial increase in net profit for 4Q17 and the full year period.
February 12, 2018
Broker's Calls
Why Hutchison Port Holdings Trust is a better 'buy' than what headlines imply
SINGAPORE (Feb 6): OCBC Investment Research is upgrading its call on Hutchison Port Holdings Trust (HPHT) to “buy” from "hold" with a slightly higher fair value of 43 US cents (57 cents) compared to 42 US cents previously.
February 06, 2018
Results
Viva Industrial Trust 4Q DPU rises 5.5% to 1.857 cents
SINGAPORE (Jan 26): The manager of Viva Industrial Trust (VIT) has posted a 4Q17 distribution per share (DPS) of 1.857 cents, up 5.5% from 1.760 cents in 4Q16.
January 26, 2018