1Q earnings

SINGAPORE (May 10): JB Foods saw its earnings surge four-fold to US$4.7 million ($6.3 million) for the 1Q ended March, from US$1.2 million a year ago.

SINGAPORE (May 10): Firearms training facilities provider Starburst Holdings sank to losses of $1.3 million for the 1Q ended March, from earnings of $0.4 million a year ago.

SINGAPORE (May 10): Sing Holdings reported first quarter earnings nearly surged fourfold to $3.04 million in 1Q18 from $0.82 million in 1Q17.

SINGAPORE (May 10): The manager of EC World Real Estate Investment Trust (ECW) declared a distribution per unit (DPU) of 1.469 cents for the 1Q ended March, down 4.7% from the DPU of 1.541 cents a year ago.

SINGAPORE (May 10): The manager of iREIT Global has declared a DPU for 1Q18 of 1.46 cents, 1.4% higher from 1.44 cents in 1Q17.

SINGAPORE (May 10): SBS Transit posted earnings of $16.8 million for the 1Q ended March, some 63.7% higher than earnings of $10.2 million a year ago.

SINGAPORE (May 10): Challenger Technologies announced that its 1Q18 earnings have increased by 69% to $5.22 million compared to $3.09 million in 1Q17.

SINGAPORE (May 10): Haw Par Corporation saw its earnings grow 15.9% to $19.3 million for the 1Q ended March, from $16.7 million a year ago.

SINGAPORE (May 10): Straco Corporation, the developer and operator of tourism-related attractions, saw its earnings drop 60.1% to $3.6 million for the 1Q ended March, from $8.9 million a year ago.

SINGAPORE (May 10): Nera Telecommunications (NeraTel) reported a 39.2% fall in 1Q18 earnings to $1.7 million from $2.9 million in 1Q17 due to mainly higher unrealised foreign exchange loss coupled with higher operating expenses,