FY2016 results

SINGAPORE (Feb 23): AP Oil posts earnings of $3.5 million for the full year ended Dec 31, 2016, a 17% decline from earnings of $4.2 million a year ago.

SINGAPORE (Feb 23): Supermarket chain Sheng Siong Group posted a 10.3% increase in earnings to $62.7 million for the full year ended Dec 31, from $56.8 million a year ago.

SINGAPORE (Feb 23): Hyflux reported earnings of $4.8 million for the full year ended Dec 31, 2016, falling 91% from earnings of $52.5 million a year ago.

SINGAPORE (Feb 21): CNMC Goldmine Holdings sunk to a net loss of US$1.9 million ($2.7 million) for the 4Q ended Dec from earnings of US$3.3 million a year ago.

SINGAPORE (Feb 17): United Industrial Corporation posts full year earnings of $286.0 million, increasing 10% from earnings of $260.6 million a year ago.

SINGAPORE (Feb 9): REIT management company ARA Asset Management posted 28% lower earnings of $18.5 million in 4Q, from $25.6 million a year ago.

SINGAPORE (Jan 26): OCBC Investment Research has upgraded its call on Suntec REIT from “sell” back to “hold” and raised its fair value estimate to $1.54 from $1.53 previously, after incorporating the REIT’s full-year results into its model.  

SINGAPORE (Jan 25): Suntec REIT has declared a distribution per unit (DPU) of 2.6 cents for the fourth quarter ended Dec 2016, 5.6% lower from the previous year’s DPU of 2.75 cents.

SINGAPORE (Jan 25): Cambridge Industrial Trust (CIT) has declared a distribution per unit (DPU) of 1 cent for the fourth quarter ended 31 Dec, 12.6% down from 1.14 cents in 4Q15.

SINGAPORE (Nov 28): Construction company Keong Hong Holdings posted earnings of $34.7 million in FY2016, a 9% decline from $38.1 million recorded last year.