1Q earnings

Results

Wilmar posts 40.6% drop in 1Q earnings to $273 mil on higher expenses

SINGAPORE (May 10): Wilmar International recorded a 40.6% drop in earnings to US$203.3 million ($273.0 million) for the 1Q ended March, from restated earnings of US$342.0 million a year ago.

Results

Genting Singapore posts 20% rise in 1Q earnings to $217.2 mil with focus on the affluent

SINGAPORE (May 10): Genting Singapore reported a 20% rise in 1Q18 earnings to $217.2 million from $181.1 million in 1Q17.

Results

Frencken posts 58.5% drop in 1Q earnings to $6.8 mil on absence of one-off gain

SINGAPORE (May 10): Frencken Group saw its earnings tumble 58.5% to $6.8 million for the 1Q ended March, from $16.3 million a year ago.

Results

SUTL Enterprise posts 30% drop in 1Q earnings to $0.6 mil on higher expenses

SINGAPORE (May 10): Marina developer and operator SUTL Enterprise saw its earnings fall 30% to $0.6 million for the 1Q ended March, from $0.9 million a year ago, on the back of higher expenses.

Broker's Calls

Analysts buoyant as China Aviation Oil sees growth driven by associates

SINGAPORE (May 10): China Aviation Oil (CAO) yesterday announced that its 1Q18 earnings have increased by 13.9% y-o-y to US$26.91 million ($36.1 million) from a year ago, mainly contributed by a higher share of results from its associated companies.

Results

Global Invacom 1Q earnings drop 46.1% to $0.44 mil

SINGAPORE (May 10): Global Invacom, the fully integrated satellite equipment provider, reported 1Q18 earnings dropped by 46.1% to US$0.33 million ($0.44 million) from US$0.61 million in 1Q17.

Results

Ayondo sinks to 1Q loss of $8.4 mil on IPO, finance costs

SINGAPORE (May 9): Ayondo, the fintech group which made its debut of the SGX Catalist board in March, has posted losses of CHF 6.3 million ($8.4 million) for the 1Q, more than doubling from losses of CHF 2.8 million a year ago.

Results

Trendlines' 1Q losses narrow 22.7% to $1.7 mil

SINGAPORE (May 9): The Trendlines Group posted losses of US$1.3 million ($1.7 million) for the 1Q ended March, improving some 22.7% from losses of US$1.7 million a year ago on the back of lower expenses.

Results

Maxi-Cash posts 39% drop in 1Q earnings to $1.8 mil on higher expenses

SINGAPORE (May 9): Maxi-Cash Financial Services Corporation saw its earnings fall 39% to $1.8 million for the 1Q ended March, from $3.0 million a year ago, on the back of higher expenses.

Results

CSE Global reports 90% jump in 1Q earnings to $5.7 mil on broad-based revenue growth

SINGAPORE (May 9): CSE Global saw its earnings soar 90% to $5.7 million for the 1Q ended March, from $3.0 million a year ago.
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