1H17

Results

Hiap Hoe swings back to profitability with 2Q earnings of $1.4 mil

SINGAPORE (Aug 10): Real estate group Hiap Hoe is back in the black with 2Q17 earnings of $1.4 million compared to the loss of $3.1 million it posted in the same period a year ago. 

Results

Far East Group reversed into the black in 1H

SINGAPORE (Aug 10): Far East Group, the refrigeration and air-conditioning business, announced half-year earnings of $0.25 million compared to its loss of $0.71 million a year ago on higher gross profit margin and higher other operating income.

Results

Memtech back in the black with 2Q earnings of US$4.9 mil on higher revenue

SINGAPORE (Aug 10): Memtech International, the global components solution provider, reported earnings of US$4.9 million ($6.7 million) for 2Q17, reversing from the loss of US$1.4 million posted in the same period a year ago.

Results

Soup Restaurant swings back to profitability in 2Q on higher revenue

SINGAPORE (Aug 10): Restaurant chain operator Soup Restaurant has announced $0.3 million in earnings for 2Q17, reversing from its loss of $0.2 million in the same period a year ago due to higher revenue.

Results

Wilmar returns to profitability in 2Q with US$60.2 mil earnings

SINGAPORE (Aug 10): Agribusiness Wilmar International has swung back into the black with earnings of US$60.2 million ($82.1 million) for the 2Q17 ended June, compared to the US$220.1 million loss it posted in the same period a year ago.

Results

SBS Transit posts 75.3% rise in 2Q earnings to $12.7 mil on higher revenue

SINGAPORE (Aug 10): Transport operator SBS Transit has announced earnings of $12.7 million for the 2Q17 ended June, representing a 75.3% increase from its earnings of $7.2 million in 2Q16 on higher revenue.  

Broker's Calls

Outlook remains bright for China Everbright Water after a glowing 1H

SINGAPORE (Aug 10): The research houses of DBS and Phillip Capital are positive on China Everbright Water after the environmental protection company on Monday reported a strong set of 1H17 results, with earnings for the half year up 41% at $44.4 million o

Results

Wee Hur 2Q earnings double to $3.3 mil in spite of lower revenue

SINGAPORE (Aug 7): Property developer Wee Hur Holdings reported 2Q17 earnings of $3.3 million, double of the $1.6 million it posted in 2Q16 a year ago on higher other items of income, mainly due to higher translation and fair value gains.   

Results

Best World posts 63% rise in 1H earnings to $21.7 mil, raises dividend payout to 40%

SINGAPORE (Aug 7): Best World International announced earnings of $21.7 million for the 1H17 ended June, surging 62.7% from $13.3 million in earnings reported in 1H16 on higher revenue and lower distribution costs.

Results

Ho Bee Land posts 14.1% decline in 2Q earnings to $36.1 mil on lower revenue

SINGAPORE (Aug 7): Property group Ho Bee Land has announced earnings of $36.1 million for the 2Q17 ended June, 14.1% lower compared to the group’s $42 million earnings posted in 2Q16 on lower revenue.
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