2Q17 results

SINGAPORE (Aug 18): CIMB is maintaining its “add” on AEM Holdings with $3.43 target price given management remains confident of a multi-year ramp-up of its business with its key customer after attending the group’s 2Q17 results briefing.

SINGAPORE (Aug 14): TeleChoice International, the regional diversified provider of info-communications products and services, posted earnings of $1.7 million in 2Q17 and $2.1 million in 1H17, a 236.4% and 23.1% increase respectively from a year ago.

SINGAPORE (Aug 14): Kencana Agri, the Crude Palm Oil (CPO) and Crude Palm Kernel Oil (CPKO) producer, has reversed to profitability in 2Q17 with earnings of US$7.1 million ($9.7 million) from a loss of US$6.7 million in 2Q16.

SINGAPORE (Aug 14): Yongnam, the steel fabrication company, announced a 2Q17 loss of $4.1 million compared to earnings of $156,000 the previous year.

SINGAPORE (Aug 14): Sakae Holdings swung back to profitability in 2Q17 and 1H17 with earnings of $2.3 million and $0.8 million respectively.

SINGAPORE (Aug 14): RHB continues to like CityDevelopments for its robust balance sheet and ability to deploy capital into new investments.

SINGAPORE (Aug 14): Olam International reported a 28.5% rise in 2Q17 earnings to $147.7 million from a year ago, bringing 1H17 earnings 27.5% higher to $291.5 million.

SINGAPORE (Aug 12): InnoTek reported 2Q17 earnings of $0.5 million, $1.8 million lower than the earnings of $2.3 million in 2Q16.

SINGAPORE (Aug 11): CIMB is maintaining its “add” on Wilmar International on expectations of stronger 2H earnings and its proposed plan to list its China operations, which will help the group to unlock value and act as a rerating catalyst, despite the

SINGAPORE (Aug 8): MoneyMax Financial Services reported a 19.9% rise in 2Q17 earnings to $1.7 million from $1.4 million a year ago.