FY17

Results

Wing Tai posts near-trebling of FY17 earnings to $20.1 mil

SINGAPORE (Aug 24): Property group Wing Tai Holdings has announced earnings of $20.1 million for the FY17 ended June, nearly triple from its earnings of $7.1 million in FY16 on lower distribution expenses and increased share of profits of associated and j

Results

Raffles Education swings back into the black in FY17 on reversal of tax payable

SINGAPORE (Aug 23): Raffles Education Corporation posted earnings of $627,000 for FY17 ended June, a reversal from the $21.1 million loss in FY16.

Results

Civmec sees FY17 earnings halve to $8.4 mil on lower revenue

SINGAPORE (Aug 22): Civmec, the integrated construction and engineering services provider, announced earnings of $8.4 million for the full year ended June, down by half from the $17.4 million reported in FY16 on lower revenue.

Results

AV Jennings announces 12.7% decline in full-year earnings to A$36 mil

SINGAPORE (Aug 18): AV Jennings, the Australian-based residential property developer, has announced FY17 earnings of A$35.7 million ($38.4 million), down 12.7% from A$40.9 million in FY16 on the back of lower revenue.

Broker's Calls

Strong project pipeline to buoy China Everbright Water through FY17

SINGAPORE (Aug 8): RHB Research is maintaining its “buy” call on China Everbright Water with a price target estimate of 54 cents, after the environmental protection company yesterday posted a set of 2Q17 results which came in slightly ahead of the res

Results

Frasers Centrepoint Trust 3Q DPU falls 1.3% to 3 cents on impact of Northpoint AEI

SINGAPORE (July 24): The manager of Frasers Centrepoint Trust (FCT) has declared a distribution per unit (DPU) of 3 cents for the third quarter ended June, 1.3% down from the 3.04 cents DPU reported in the same period a year ago on lower revenue.

Results

Cache Logistics Trust DPU falls 9.5% to 1.8 cent

SINGAPORE (July 21): The manager of  Cache Logistics Trust has declared a distribution per unit (DPU) of 1.800 cent for second quarter ended March, down 9.5% from its DPU of 1.989 cents in the same quarter a year ago on higher property-related expenses.

Results

Artivision FY17 loss doubles to $16 mil on higher expenses

SINGAPORE (May 26): Artivision Technologies' FY17 net loss doubled to $15.9 million, or 1.2 cents per share, from a year ago on higher expenses.

Singapore economy

DBS sees Singapore full-year GDP growth at 2.8% if global economy continues to improve

SINGAPORE (May 25): DBS senior economist Irvin Seah continues to see full-year GDP growth at 2.8% on the premise that global economic conditions continue to improve.

Results

Neo Group posts 46.2% fall in FY17 earnings to $3.3 mil

SINGAPORE (May 25): Neo Group reported $3.3 million in earnings for FY17, down 46% from the previous financial year.
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