1Q earnings

SINGAPORE (May 11): City Developments Limited (CDL) announced that its 1Q18 earnings have dropped by 16.3% to $80.0 million, compared to $95.6 million in 1Q17.

SINGAPORE (May 11): LY Corporation, the Malaysian-based manufacturer and exporter of wooden bedroom furniture, has posted losses of 2.8 million ringgit ($0.9 million) for the 1Q ended March, compared to earnings of 10.4 million ringgit a year ago.

SINGAPORE (May 11): ZICO Holdings, an integrated provider of multidisciplinary professional services, reported 1Q18 earnings fell 27.1% to RM1.07 million ($0.36 million) compared to RM1.47 million in 1Q17.

SINGAPORE (May 11): Food Empire reported 1Q18 earnings increased by 14% to US$7.19 million ($9.64 million), compared to US$6.31 million in 1Q17.

SINGAPORE (May 11): UOL Group reported an 8% fall in 1Q18 earnings ended March to $73.8 million from $80.3 million in 1Q17 a year ago.

SINGAPORE (May 11): ComfortDelGro Corporation saw its earnings fall 19.6% to $66.3 million for the 1Q ended March, from $82.5 million a year ago.

SINGAPORE (May 11): GSH Corporation has swung back to profitability in 1Q18 with earnings of $1.11 million, compared to a loss of $1.35 million in 1Q17.

SINGAPORE (May 11): UMS Holdings reported 1Q18 earnings increased by 2% to $11.4 million, compared to $11.2 million in 1Q17.

SINGAPORE (May 11): RHB is reiterating its “buy” rating on HRnetGroup with a target price of $1.14.

SINGAPORE (May 10): Healthway Medical Corporation swung back into the black in 1Q18, recording earnings of $0.12 million, compared to a loss of $0.50 million in 1Q17 and a loss of $28.8 million in 4Q17.