marine

Going into FY21, we foresee the fiscal deficit will continue to be impacted by weak operating revenue,” say RHB economists.

SINGAPORE (Jan 15): RHB is maintaining its “buy” call on ST Engineering (STE) with a $3.97 target price, which implies 4% yield.

SINGAPORE (Feb 26): Analysts are optimistic on the outlook of Sembcorp Industries (SCI) post the outcome of its strategic review, even as the group last week reported a 84.6% decline in its 4Q earnings to $22.8 million as its marine segment continued to d

(Aug 21): Corporate earnings for 2Q2017 were not great. Of the Straits Times Index’s 30 component companies, 14 missed market expectations, while 11 outperformed, says Margaret Yang, an analyst at CMC Markets, citing Bloomberg data. The remaining five c

SINGAPORE (Aug 4): RHB is maintaining its “neutral” rating on Sembcorp Industries with an unchanged $3.20 price target after the group on Thursday posted a 36% decline in 2Q earnings to $55.3 million.

SINGAPORE (Aug 3): Sembcorp Industries posted earnings of $55.3 million for the 2Q ended June, down 36.1% from $86.5 million a year ago despite achieving higher turnover.

SINGAPORE (June 13): The labour market outlook remains uneven across sectors, according to the latest labour market data released by the Manpower Research and Statistics Department, Ministry of Manpower (MOM).

SINGAPORE (May 12): ST Engineering announced 1Q17 earnings of $103.4 mil, 6% lower from $110.2 million reported in the previous year on lower revenue.

SINGAPORE (Feb 16): ST Engineering posted $484.5 million in earnings for the full year ended Dec 2016, 8% down from its profit of $529 million a year ago.