1H17

SINGAPORE (Aug 18): KGI Securities is maintaining its “buy” call on Golden Energy and Resources (GEAR) with an unchanged target price of 78 cents, and says the mining company is “severely undervalued”.

SINGAPORE (Aug 17): Hengxin Technology, the manufacturer of radio frequency (RF) coaxial cables for mobile communications in China, has announced interim earnings of RMB68.6 million ($14 million) for the 1H17 ended June, up 35.8% from RMB50.5 million in 1

SINGAPORE (Aug 16): CIMB Research is maintaining its “add” recommendation on Cityneon with a target price of $1.27 with no changes to its earnings forecasts.

SINGAPORE (Aug 16): Healthway Medical Corporation reported a loss of $504,000 for the 1Q17 ended March, compared to $580,000 in profits posted in 1Q16 as finance costs more than doubled from a year ago on short-term borrowings.  

SINGAPORE (Aug 15): Shipbuilder Nam Cheong has sunk deeper into the red, reporting a loss RM2.1 billion ($670 million) for the half year ended June, compared to a loss of RM37 million in the same period a year ago.

SINGAPORE (Aug 15): Q&M Dental Group announced group earnings increased more than trebled to $13.64 million for 2Q17 from $3.7 million in 2Q16 due to a one-time $16.9 million gain from Q&M’s spin-off of Aoxin from an subsidiary to an associate in April.

SINGAPORE (Aug 14): The trustee-manager of Accordia Golf Trust (AGT) has declared a distribution per unit (DPU) of 1.63 yen (2 cents) for 1QFY17/18, about 17.3% higher than the DPU of 1.82 yen declared in 1QFY16/17 a year ago.

SINGAPORE (Aug 14): Energy services provider KS Energy Group announced a loss of $0.6 million for the 2Q17 ended June, narrowing significantly from the loss of $31.5 million posted in the same period a year ago.

SINGAPORE (Aug 14): Oil and gas (O&G) explorer KrisEnergy reported a smaller 1H17 net loss of US$26.1 million ($35.5 million), down from US$45.2 million in 1H16.

SINGAPORE (Aug 14): Cityneon Holdings announced earnings of $7.7 million for the 1H17 ended June, up 62.4% from $4.7 million in 1H16.