1HFY2023 results

Results

Yoma Strategic reports 1HFY2023 loss of US$1.3 mil as revenue spikes by 173% y-o-y

Revenue surged by 173% y-o-y to US$111.6 million driven by Yoma Land Development and the inclusion of Wave Money.

Broker's Calls

Analysts mixed on MPACT; CGS-CIMB upgrades to 'add' with lower TP; Maybank downgrades to 'hold' with lower TP

All analysts note that the REIT’s Singapore assets continue to outperform, but decline in DPU was due to higher costs and forex.

Results

MPACT reports lower distribution per unit of 4.42 cents for 1HFY2023, 10.5% lower y-o-y

MPACT says higher interest rates exerted pressure on the DPU, with DPU for 2QFY2023/2024 at 2.24 cents.

Broker's Calls

Analysts lift ComfortDelGro’s TPs after earnings recovery

The analysts' target prices are from $1.31 to $1.65.

Results

Q&M reports 46% lower earnings of $5.3 mil in 1HFY2023 as medical lab segment sees lower demand for Covid-19 testing

A first interim dividend of 0.16 cent per share has been declared for the period. It will be paid on Sept 13.

Results

Manufacturer of PPEs, Medtecs International, reports another year of losses at US$5.8 mil

The group has said that this is due to lower sales from the global decline in demand for PPEs, facemasks and other products.

Results

UMS Holdings reports a 27% decrease in earnings y-o-y of $29 mil from weak performance in semiconductor segment

This brings its earnings per share (EPS) to 4.32 cents in 1HFY2023 compared to 5.9 cents in 1HFY2022.

Results

Straco Corporation bounces back with earnings of $6.38 million for 1HFY2023

The company recorded a 264% increase in revenue y-o-y of $32.08 million.

Results

Frencken reports 1HFY2023 earnings of $12.1 mil, down 53.8% y-o-y

Earnings per share (EPS) stood at 2.82 cents on a fully diluted basis.
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