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1H17
Results
HRnetGroup posts 10.3% decline in 2Q earnings to $7.3 mil on IPO expenses
SINGAPORE (Aug 14): HRnetGroup announced earnings of $7.3 million for the 2Q ended June, down 10.3% from the $8.2 million reported a year ago.
August 14, 2017
Results
Golden Agri posts 56% decline in 1H earnings to US$59 mil
SINGAPORE (Aug 14): Golden Agri-Resources (GAR) has announced earnings of US$59.4 million ($80.9 million) for the 1H17 ended June, down 55.5% from US$133.6 million reported in 1H16 due to the recognition of deferred income tax assets.
August 14, 2017
Broker's Calls
CityDev gets an upgrade on strong 1H17 home sales, upcoming launches
SINGAPORE (Aug 14): OCBC Investment Research has upgraded its call on City Developments (CityDev) to “buy” from “hold” with a higher fair value estimate of $12.39 from $10.50 previously, after updating its valuation model with its latest assumptio
August 14, 2017
Broker's Calls
Food Empire still a currency play for now: RHB
SINGAPORE (Aug 14): RHB Research is maintaining its “buy” rating on Food Empire with an unchanged target price of 95 cents, after the food and beverage (F&B) product manufacturer on Saturday released a set of 2Q17 results which came in line with the r
August 14, 2017
Results
Singapore Medical Group’s 1H earnings up sixfold to $4 mil on higher revenue
SINGAPORE (Aug 14): Singapore Medical Group (SMG) has announced earnings of $4 million for the half-year ended June, a more-than sixfold improvement compared to its $0.63 million in earnings for 1H16.
August 14, 2017
Results
Wheelock Properties records 3.4% rise in earnings to $36.5 mil
SINGAPORE (Aug 11): Wheelock Properties announced earnings of $36.5 million for 2Q17 ended June, up 3.4% on-year from the $35.3 million in 2Q16.
August 11, 2017
Results
Sino Grandness 2Q earnings fall 33% to $21.5 mil on revenue decline
SINGAPORE (Aug 11): Sino Grandness Food Industry Group reported earnings of RMB105.1 million ($21.5 million) for 2Q17 ended June, down 33.4% from RMB157.7 million in 2Q16.
August 11, 2017
Results
IREIT Global posts 9.4% decline in 2Q DPU to 1.45 cents on forex losses
SINGAPORE (Aug 10): The manager of iREIT Global has declared a distribution per unit (DPU) of 1.45 cents for the 2Q17 ended June, down 9.4% from its 1.6 cents DPU in the same period a year ago.
August 10, 2017
Results
Singapore eDevelopment 1H losses widen to $6.3 mil
SINGAPORE (Aug 10): Property group Singapore eDevelopment reported half year losses widened to $6.3 million from $5.3 million a year ago.
August 10, 2017
Results
TA Corp sinks into the red in 1H with $10.9 mil loss
SINGAPORE (Aug 10): Property construction group TA Corporation has reported a loss of $10.9 million for the half year ended June, compared to its earnings of $0.2 million in 1H16.
August 10, 2017