marine

SINGAPORE (August 1): OCBC and UOB, Southeast Asia’s second and third-largest banks by assets, have posted 1H16 financial results which are testament to the “persistent challenges” that domestic banks are facing on asset quality and profitability, s

SINGAPORE (Aug 1): Brokerage houses DBS Vickers Securities, KGI Fraser and OCBC Investment Research are lowering their expectations of Sembcorp Marine’s (SMM) earnings in the next couple of financial years to come, after the Singapore-based drilling rig

SINGAPORE (July 29): Baker Tech sunk to a half-year loss compared to a profit of $6.4 million a year ago, dragged down by poor sales and a foreign exchange loss.   

SINGAPORE (July 29): Baker Technology’s earnings for the 2Q ended June surged nearly ninefold to $400,000 from $45,000 a year ago.   

SINGAPORE (July 21): Keppel Corporation saw a 45% fall in earnings to $416 million for the half year ended June from a year ago, with its property division now the largest contributor.

SINGAPORE (July 21): UOB Kay Hian is keeping its “hold” call on Keppel Corporation with a target price of $6.40, saying there is “no foreseeable improvement” to the group’s offshore & marine (O&M) business despite its recent contract wins.

SINGAPORE (July 20): Keppel Singmarine, a wholly-owned subsidiary of Keppel Corporation’s offshore & marine unit, Keppel Offshore & Marine (Keppel O&M), has secured contracts from Jan De Nul Group to build three Trailing Suction Hopper Dregers (TSHDs) w