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profit guidance
Tech
Apple cuts outlook as Chinese slowdown hits demand for iPhones
(Jan 3): Apple Inc cut its revenue outlook for the first time in almost two decades citing weaker demand in China, triggering a slump for Asian suppliers and a wave of lower price targets on Wall Street.
January 03, 2019
Update
Hi-P International warns of lower y-o-y profit & revenue for 3Q18
SINGAPORE (Oct 15): Industrial mould manufacturing company Hi-P International is expecting lower y-o-y revenue and profit in 3Q18, contrary to management guidance issued in its 2Q18 results announcement.
October 15, 2018
Broker's Calls
AEM Holdings kept at 'add' as fundamentals come up trumps
SINGAPORE (Apr 6): CIMB is maintaining its “add” call on AEM Holdings with a target price of $8.19.
April 06, 2018
China Sunsine expects 'substantial increase' in 4Q and FY17 earnings
SINGAPORE (Feb 12): China Sunsine Chemical Holdings, the world’s largest producer of rubber accelerators, has issued a positive profit alert saying it expects to report a substantial increase in net profit for 4Q17 and the full year period.
February 12, 2018
M&A
AEM Holdings acquires Finnish MEMs testing provider; expects FY18 to outperform, mulls bonus shares
SINGAPORE (Feb 1): AEM Holdings has acquired Afore Oy, a microelectromechanical systems (MEMS) testing and handling solutions provider in Finland, for 7.58 million euros ($12.34 million).
February 01, 2018
Genting Hong Kong anticipates full-year net loss of US$240-270 mil
SINGAPORE (Feb 1): Genting Hong Kong expects to report a consolidated net loss of US$240-270 million ($315-354 million) for the full year ending Dec 2017, narrowing from its net loss of US$537 million in FY16.
February 01, 2018
Procurri expects loss in FY17; announces long-term strategies to return to profitability
SINGAPORE (Jan 30): Procurri Corporation, the IT services and hardware equipment provider, expects to report a net loss for 4Q17 and FY17, according to its preliminary assessment of the unaudited financial results.
January 30, 2018
Broker's Calls
CNMC to see better q-o-q results in spite of profit warning, says NRA
SINGAPORE (July 26): NRA Capital is maintaining its forecasts, valuation and “overweight” rating on Catalist-listed CNMC Goldmine Holdings at a fair value estimate of 38 cents – even as the group this morning issued a profit guidance to indicate tha
July 26, 2017
Spackman expects to climb out of the red in 1Q
SINGAPORE (April 10): Spackman Entertainment Group on Monday issued a positive profit guidance for the first quarter ended March 31.
April 10, 2017
Hwa Hong issues loss warning for 4Q
SINGAPORE (Jan 16): Hwa Hong expects to report a net loss for 4Q16, which is mainly due to “net unrealised losses arising from fair value changes on certain financial assets”.
January 16, 2017