1Q earnings

Broker's Calls

LMIRT kept at 'reduce' as it suffers drag from higher costs and taxes

SINGAPORE (May 7): CGS-CIMB Securities is maintaining its “reduce” call on Lippo Malls Indonesia Retail Trust (LMIRT) with a target price of 33 cents.

Broker's Calls

Sembcorp kept at 'add' as it awaits turnaround in India

SINGAPORE (May 4): CGS-CIMB Research is keeping its “add” rating on Sembcorp Industries with a lower target price of $3.49.

Results

Great Eastern posts 68% rise in 1Q earnings to $152.9 mil

SINGAPORE (May 4): Great Eastern Holdings saw its earnings jump 68% to $152.9 million in the 1Q ended March, from restated earnings of $90.8 million a year ago.

Results

BreadTalk's 1Q earnings fall 89.1% to $1.2 mil on absence of one-off gain

SINGAPORE (May 3): BreadTalk reported 1Q18 earnings to $1.18 million, down 89.1% from $10.8 million in 1Q17.

Results

Delong's 1Q earnings drop 28% to $59 mil on higher costs and expenses

SINGAPORE (May 3): Delong Holdings, the China based steel manufacturer and trader, reported 1Q18 earnings fell 27.6% to RMB 280.8 million ($58.9 million) compared to RMB 387.8 million in 1Q17.

Broker's Calls

Launch of Raffles Medical's China hospitals a step closer to reality

SINGAPORE (May 3): OCBC is reiterating its “buy” recommendation on Raffles Medical with a fair value estimate of $1.26.

Results

OUE Hospitality Trust posts 3% decline in 1Q DPS to 1.26 cents on absence of CPCA income support

SINGAPORE (May 2): The manager of OUE Hospitality Trust (OUE H-Trust) has announced distribution per stapled security (DPS) of 1.26 cents for the 1Q ended March, some 3% lower than DPS of 1.30 cents a year ago.

Results

Hi-P posts 20% rise in 1Q earnings to $10.1 mil on higher revenue

SINGAPORE (May 2): Hi-P International, the contract manufacturer of smart phones, tablet computers and other consumer electronics, saw its earnings grow 20.0% to $10.1 million for the 1Q ended March, from $8.4 million a year ago.

Results

Kingboard Copper Foil's 1Q earnings up 29.9% to $1 mil

SINGAPORE (May 2): Kingboard Copper Foil posts a 29.9% increase in earnings to HK$5.8 million ($1.0 million) for the 1Q ended March, from HK$4.4 million a year ago.

Results

Manulife US REIT posts 8.5% drop in 1Q DPU to 1.51 US cents on enlarged unit base

SINGAPORE (Apr 30): The manager of Manulife US Real Estate Investment Trust (Manulife US REIT) has announced an 8.5% decline in distribution per unit (DPU) to 1.51 US cents for the 1Q ended March, from 1.65 US cents a year ago.
×