PropNex

SINGAPORE (Nov 13): Homegrown real estate agency PropNex reported a 15.2% fall in 3Q19 earnings to $6.1 million from a year ago, which came on the back of lower revenue.

SINGAPORE (Aug 13): Real estate agency PropNex posted an 11.9% drop in earnings to $3.7 million for the 2Q19 ended June, from $4.2 million a year ago.

SINGAPORE (June 7): Phillip Capital and CGS-CIMB Research are initiating positive coverage on both APAC Realty and PropNex, the two main market players within Singapore’s real estate brokerage sector.

SINGAPORE (May 22): UOB Kay Hian is maintaining “buy” on PropNex while lowering its target price to 60 cents from 66 cents previously.

SINGAPORE (May 14): Real estate agency PropNex recorded a 67.6% drop in earnings to $2.0 million for the 1Q19 ended March, falling from $6.2 million in the corresponding quarter a year ago.

SINGAPORE (April 1): UOB Kay Hian is recommending a wide variety of yield plays offered by Singapore ranging from aviation and banks, to developers and REITs as central banks around the world continue to ease their monetary policies.   

SINGAPORE (Feb 26): Real estate agency PropNex saw its earnings fall 57.7% to $1.8 million for the 4Q18 ended December, from $4.3 million a year ago.

SINGAPORE (Nov 14): PropNex says that its 3Q18 earnings have increased by 41.6% to $7.21 million, compared to $5.09 million in 3Q17.