FY17

SINGAPORE (Nov 8): Fraser and Neave (F&N) saw FY17 earnings soar to $1.3 billion compared to $108 million the year before led by fair value adjustment and exceptional items of $1.2 billion, which arose largely from the realisation of fair value adjustment

SINGAPORE (Oct 17): Top Glove Corporation is seeking to engage in merger and acquisition (M&A) opportunities within the next few months, said the company’s executive chairman Lim Wee Chai to analysts and reporters at a briefing held today.  

SINGAPORE (Sept 21): Datapulse Technology, the Mainboard-listed producer of digital storage media in the Asia Pacific region, saw FY17 earnings more than triple to $3 million from $0.9 million a year ago on lower expenses and a one-off gain over the finan

SINGAPORE (Sept 5): EY, the multinational professional services firm, posted a 7.8% growth in combined global revenues to US$31.4 billion ($42.6 billion) for the full year ended June from a year ago.

SINGAPORE (Aug 29): TMC Education Corporation has announced a loss of $547,000 for the full year ended June, representing a 90.7% improvement from the $5.9 million loss it reported in FY16.

SINGAPORE (Aug 29): Phillip Capital is maintaining its “buy” recommendation on Health Management International (HMI) at a target price of 83 cents, while expressing a positive view on the group’s FY18 earnings outlook.

SINGAPORE (Aug 29): CIMB Research is maintaining its “add” recommendation on property developer Guocoland with a higher price target of $2.77 from $2.59 previously.

SINGAPORE (Aug 28): Grand Banks Yachts, the manufacturer and retailer of luxury motor yachts, has announced a net profit of $0.5 million for the full year ended June, representing a 73.6% decline from its $2 million in earnings for FY16 on a surge in expe

SINGAPORE (Aug 28): OCBC Investment Research is maintaining its “buy” recommendation on Health Management International (HMI) with an unchanged fair value estimate of 80 cents.

SINGAPORE (Aug 25): CIMB Research is maintaining its “add” recommendation on Wing Tai Holdings while lifting its target price to $2.32 from $2.05 previously, which is pegged at a 35% discount to  a revalued net asset value (RNAV) estimate of $3.57.