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Results
Isetan 2Q losses narrow to $1.5 mil
SINGAPORE (Aug 14): Isetan announced 2Q losses narrowed by more than half to $1.5 million from $3.5 million the previous year.
August 14, 2017
Results
Metro’s 1Q earnings more than double to $25.4 mil on one-off gain
SINGAPORE (Aug 11): Metro Holdings has announced earnings of $25.4 million for 1Q18, which is more than double of the $9.8 million reported in 1Q17.
August 11, 2017
Broker's Calls
Amazon’s threat to Dairy Farm still limited for now: RHB
SINGAPORE (Aug 7): RHB Research continues to rate Dairy Farm International at “buy” with a target price of US$9.53 ($13), after the Jardine Group member last week announced a 7% in 1H earnings to US$213 million.
August 07, 2017
Broker's Calls
CapitaLand not a proxy to an impending home price rebound, says Maybank
SINGAPORE (Aug 3): Maybank Kim Eng Research is keeping its “hold” call on CapitaLand with an unchanged price target of $3.75 after the real estate group this morning posted its set of financial results for 2Q17, which was overall in line with the rese
August 03, 2017
Results
Sheng Siong reports 6.1% rise in 2Q earnings to $16.1 million on 4 new stores
SINGAPORE (July 27): Supermarket chain operator Sheng Siong Group saw its earnings for the second quarter ended June grow 6.1% to $16.1 million from $15.2 million a year ago.
July 27, 2017
Amazon announces launch of Prime Now in Singapore
SINGAPORE (July 27): Amazon.com today launched its Prime Now service in Singapore. It is the first Amazon retail service to launch in the city state, and offers free two-hour delivery for orders totaling to $40 and above.
July 27, 2017
Investing strategies
This boutique bank sees a ‘clear pattern of further economic strength’ for Singapore
SINGAPORE (July 21): VP Bank is anticipating a moderate acceleration of Singapore’s economic growth rates to take place in the coming quarters on stronger manufacturing output.
July 21, 2017
Broker's Calls
Fresh-faced Viva Industrial Trust could see even brighter prospects this year
SINGAPORE (July 18): RHB Research continues to rate Viva Industrial Trust (VIT) at “buy” with a 97-cent target price following the trust’s completion of its asset enhancement initiative (AEI) at Viva Business Park (VBP).
July 18, 2017
Broker's Calls
Why Sheng Siong is likely to remain resilient amid keen competition
SINGAPORE (July 14): OCBC Investment Research continues to rate Sheng Siong Group (SSG) at “buy” with an unchanged fair value estimate of $1.15, pending the supermarket chain operator’s release of its 2Q17 results in the coming weeks.
July 14, 2017
Results
Duty Free’s 1Q earnings fall 24.1% to $4.8 mil on lower revenue
SINGAPORE (July 12): Duty Free International (DFI), the multi-channel duty free and duty paid retail group in Malaysia with over 40 outlets, has announced earnings of RM15.1 million ($4.8 million) for 1Q18 ended May 31, representing a 24.1% decline from t
July 12, 2017