FY18

Results

Pacific Star Development concludes 18M ended June at $8.4 mil after business model restructuring

SINGAPORE (Aug 27): Pacific Star Development, formerly known as LH Group, announced $8.4 million in earnings for the 18 month period ended June 2018 (18M17), up 12% from the 12 months ended June 2016 on higher revenue.

Results

GuocoLand's 4Q earnings fall 42% to $141 mil on lower revenue & other income

SINGAPORE (Aug 27): GuocoLand announced earnings of $141.2 million for the 4Q ended June, down 42% from $244.8 million a year ago on lower revenue and other income.

Results

Silverlake posts 5% lower 4Q earnings of $12.1 mil due to lower other income

SINGAPORE (Aug 26): Software services & solutions provider Silverlake Axis reported 4Q18 earnings of RM36.2 million ($12.1 million), down 5% y-o-y from RM38.3 million a year ago due to lower other items of income.

Results

Ellipsiz posts 7% growth in FY18 earnings to $9.1 mil on higher revenue

SINGAPORE (Aug 20): Ellipsiz has announced a profit of $9.1 million for FY18, up 7% from $8.5 million a year ago due to higher revenue.

Results

HC Surgical Specialists announces record earnings of $5.5 mil for FY18

SINGAPORE (July 20): HC Surgical Specialists’ full year earnings hit a record high of $5.5 million for FY18, driven by revenue growth on contributions from acquired subsidies and new clinics, as well as higher revenue contribution from existing subsidia

Broker's Calls

It's onward and upward for Jubilee Industries from here, says CGS-CIMB

SINGAPORE (June 1): CGS-CIMB Research is maintaining its “add” call on Jubilee Industries Holdings with an unchanged target price of 51 cents, in view of a strong earnings growth outlook post the group’s successful turnaround to net a profit in FY18

Results

Hiap Seng Engineering sinks into full year losses of $18.9 mil

SINGAPORE (May 31): Hiap Seng Engineering declared larger 4Q losses of $9.8 million from its $1.8 million loss in 4Q17 due to a combination of declining turnover and gross profit margin, higher-than-expected operating costs, and a goodwill impairment from

Results

Courts Asia posts 66% lower FY18 earnings of $8 mil on Malaysia headwinds

SINGAPORE (May 30): Courts Asia, the retailer of IT, household electrical and furniture goods, reported earnings of $8.1 million for FY17/18, down 66.1% from its FY17/16 earnings of $23.7 million a year ago on lower gross profit margin and an overall reve

Results

Old Chang Kee's FY18 earnings double to $5 mil on improved margins & revenue growth

SINGAPORE (May 30): Old Chang Kee saw FY18 earnings double to $5 million from $2.4 million in FY17 on improved gross margins and revenue.

Results

Chasen's 4Q earnings double to $2.4 mil on higher revenue

SINGAPORE (May 30): Chasen Holdings, the provider of specialist relocation services, reported earnings of $2.4 million for the 4Q ended March, doubling from its 4Q17 earnings of $1.2 million a year ago on higher revenue.
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