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Despite strong 2021 forecast, ComfortDelGro still two years away from pre-pandemic earnings: RHB - THE EDGE SINGAPORE

Broker's Calls

Despite strong 2021 forecast, ComfortDelGro still two years away from pre-pandemic earnings: RHB

Recovery likely be visible in late 2H2021 and should translate to over 200% y-o-y profit growth for 2021, says RHB.
Yangzijiang reports FY2020 earnings of RMB2.5 bil, maintains final dividend of 4.5 cents - THE EDGE SINGAPORE

Results

Yangzijiang reports FY2020 earnings of RMB2.5 bil, maintains final dividend of 4.5 cents

As at Dec 31 2020, its outstanding order book was US$3.09 billion for 83 vessels.
JB Foods FY2020 earnings down 26.3% on higher costs - THE EDGE SINGAPORE

Results

JB Foods FY2020 earnings down 26.3% on higher costs

The company plans to pay a final dividend of 1.5 cents, which is on top of 0.5 cents already paid earlier.
Straco Corp to take impairment on assets, will report losses for FY2020 - THE EDGE SINGAPORE

Results

Straco Corp to take impairment on assets, will report losses for FY2020

For 9MFY2020, Straco reported losses of $197,000 versus $36.3 million in the year earlier

Results

OCBC 2Q20 earnings decline 40% y-o-y to $730 mil

Net profit for 2Q20 fell 40% y-o-y to $730 million, although the figure represented a 5% increase from its 1Q20 earnings.

Results

GKE Corporation reports earnings of $2.9 mil in 2H20; turnaround from losses

This brings GKE Corp’s full-year earnings to $4.7 million from the $2.1 million loss last year.

Results

SLB Development reverses out of the red to earnings of $10.8 mil for FY20

SLB Development, the development spin-off from Lian Beng Group, has posted earnings of $10.8 million for FY20 ended May 31, swinging out from losses of $5.0 million a year ago.

Results

Hi-P posts 3.3% dip in 1H20 earnings to $24.2 mil

This translates to earnings per share (EPS) to 3 cents, down 3.8% from the 3.12 cents during the same period last year.

Results

SIA plummets into $1.12 bil net loss in 1Q20/21 on continued aviation woes

SIA says it entered into the first quarter at a time when market conditions were “deteriorating rapidly” due to the spread of the Covid-19 pandemic.
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