revenue

Singapore economy

Singapore SMEs are region's top exporters thanks to its 'thriving digital economy', finds study

SINGAPORE (Aug 1): Singapore’s small- and medium-sized enterprises (SMEs) are playing a leading role in driving export in Asia Pacific, according to the latest study commissioned by FedEx Express.

Property

World Class Global reports $69.9 mil in sales revenue so far from AVANT residential units

SINGAPORE (Mar 27): World Class Global (WCG), the property arm of Aspial Corporation, says it has received net sales proceeds totalling A$69.0 million ($69.9 million), following the settlements by purchasers of 134 completed residential units.

Results

EY posts US$31 bil in FY17 global revenue with highest growth rate from Asia Pacific

SINGAPORE (Sept 5): EY, the multinational professional services firm, posted a 7.8% growth in combined global revenues to US$31.4 billion ($42.6 billion) for the full year ended June from a year ago.

Broker's Calls

Skies remain overcast for M1

SINGAPORE (Jan 13): CIMB Securities continues to keep its “hold” call on M1 Limited, Singapore’s smallest telco, as it lowers the stock’s target price estimate to $1.90 from $2.10 previously.
Samsung Galaxy Note 7

Tech

Samsung Electronics forecasts fourth-quarter profit at over three-year high

SEOUL (Jan 6): Samsung Electronics Co Ltd said on Friday its fourth-quarter profit likely leapt 50% from a year earlier to its highest level in more than three years, beating expectations on strong chip sales and a smartphone rebound.

Results

Cheung Woh’s 2Q earnings drop by a third on lower sales

SINGAPORE (Oct 10): Cheung Woh Technologies saw 2Q earnings fall by about a third to $1.9 million compared to $2.9 million a year ago on lower sales.

Broker's Calls

Made in China phones to drive Serial System’s growth

SINGAPORE (Aug 18): NRA Capital is keeping its “overweight” rating on Serial System with an unchanged fair value of 20 cents.

Results

Sing Investments posts 15.3% rise in 2Q earnings to $3.1 mil

SINGAPORE (Aug 3): Sing Investments & Finance posted a 15.3% rise in 2Q16 earnings of $3.1 million from a year ago.

DBS emerges as Deutsche Bank’s only ‘buy’ in challenging bank sector

SINGAPORE (July 25): Despite signs of improved lending and expectations of stable 2Q16 results among Singapore’s bank sector, Deutsche Bank says challenges could be plentiful if low interest rates persist in 2H16.
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