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1Q17 earnings

Broker's Calls

Sale of AXA Towers, CHIJMES would be icing on the cake for BreadTalk’s share price

SINGAPORE (June 9): DBS Vickers Securities is reiterating its “buy” recommendation on BreadTalk Group with a higher target price estimate of $1.92 on the belief that the group’s earnings will continue to turn around and deliver growth.

Results

Yanlord Land 1Q earnings more than triple to $190 mil

SINGAPORE (May 15): China-based real estate developer Yanlord Land Group posted a more than three-fold surge in earnings to RMB 934.1 million ($189.9 million) for the first quarter ended March, from RMB 260.1 million a year ago.

Results

Sinarmas Land 1Q earnings more than double to $37.2 mil

SINGAPORE (May 15): Sinarmas Land saw earnings in the first quarter ended March more than double to $37.2 million, compared to $15.7 million a year ago.

Results

ComfortDelGro 1Q earnings up 12% to $82.5 mil on one-off gain

SINGAPORE (May 12): ComfortDelGro saw earnings for the first quarter ended March increase by 12.4% to $82.5 million, from $73.4 million a year ago.

Results

First Resources posts nine-fold increase in 1Q earnings to US$48.5 mil

SINGAPORE (May 11): First Resources saw earnings in the first quarter ended March surge by 807.0% to US$48.5 million ($68.4 million), from US$5.3 million a year ago.

Results

IREIT Global posts 8.9% decline DPU of 1.44 cents for 1Q

SINGAPORE (May 11): The manager of IREIT Global posts distribution per unit (DPU) of 1.44 cents for the first quarter ended March, some 8.9% lower than DPU of 1.58 cents a year ago.

Results

CSE Global 1Q earnings fall 46% to $3.0 mil on lower revenue

SINGAPORE (May 11): CSE Global saw earnings of $3 million in the first quarter ended March, a 45.5% decrease from earnings of $5.5 million a year ago.

Results

Tiong Seng 1Q earnings up 9% to $4.1 mil

SINGAPORE (May 11): Tiong Seng Holdings posted a 9.4% increase in earnings to $4.1 million in the first quarter ended March, from $3.7 million a year ago.

Results

Challenger 1Q earnings fall 15% to $3.2 mil on lower revenue

SINGAPORE (May 9): Challenger Technologies posted a 15% decline in earnings to $3.2 million for the first quarter ended March, from $3.8 million a year ago, on the back of lower revenue.

Results

Straco 1Q earnings up 7% to $8.9 mil on higher revenue

SINGAPORE (May 9): Straco Corporation posted earnings of $8.9 million for the first quarter ended March, an increase of 6.9% from $8.3 million a year ago.
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