2Q

Singapore economy

Singapore GDP growth eases to one-year low: MTI prelim data

SINGAPORE (July 13): Singapore’s economy expanded at a slower pace than forecast in the second quarter, clouding the outlook for the export-reliant city state at a time when global trade risks are rising.

Results

Ellipsiz 2Q earnings up threefold to $5.8 mil on disposal of subsidiary

SINGAPORE (Feb 6): Ellipsiz posted earnings of $5.8 million for the 2Q18, up more than threefold from its restated earnings of $1.7 million in 2Q17 due to a one-off gain from the disposal of its subsidiary.

DBS predicts Singapore's GDP to be revised higher

SINGAPORE (Aug 10): Singapore may revise its 2Q GDP higher to report a 2.8% on-year growth, compared with a 2.5% gain in preliminary estimates released last month.

Results

Cache Logistics Trust DPU falls 9.5% to 1.8 cent

SINGAPORE (July 21): The manager of  Cache Logistics Trust has declared a distribution per unit (DPU) of 1.800 cent for second quarter ended March, down 9.5% from its DPU of 1.989 cents in the same quarter a year ago on higher property-related expenses.

Broker's Calls

Here’s why SIA’s earnings may face a hard landing in 2Q

SINGAPORE (Oct 28): UOB Kay Hian is advising Singapore Airlines (SIA) investors to top-slice their holdings before the group reports its 2Q17 results, expectedly on Nov 3.

Results

IHH Healthcare posts 8% rise in 2Q earnings growth on one-off gains

SINGAPORE (Aug 25): IHH Healthcare posted earnings of RM246.1 million ($82.7 million) for 2Q16, an 8% increase from the earnings of RM228.1 million in 2Q15, thanks to one-off gains.

Broker's Calls

Made in China phones to drive Serial System’s growth

SINGAPORE (Aug 18): NRA Capital is keeping its “overweight” rating on Serial System with an unchanged fair value of 20 cents.

Results

Pacific Radiance sinks into net loss of US$58 mil in 2Q

SINGAPORE (Aug 13): Pacific Radiance has reported a net loss of US$57.7 million ($77.7 million) for 2Q16, compared with earnings of US$2.2 million in 2Q16.

Results

UMS posts 22% fall in 2Q earnings to $6.5 mil

SINGAPORE (Aug 12): UMS Holdings, the precision engineering group for the semiconductor industry, reported earnings of $6.5 million for 2Q16, a 22% decrease from a year ago.

Results

A-Sonic Aerospace sinks deeper into losses in 2Q

SINGAPORE (Aug 12): A-Sonic Aerospace saw 2Q losses widened to US$789,000 ($1.1 million) from US$706,000 a year ago.
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