2Q earnings

Results

Ho Bee Land reports near-doubling of 2Q earnings to $71.5 mil

SINGAPORE (Aug 12): Ho Bee Land saw its earnings jump to $71.5 million for the 2Q ended June, nearly doubling from earnings of $36.1 million a year ago.

Broker's Calls

ST Engineering kept at 'buy' on steady growth, reasonable yield

SINGAPORE (Aug 10): RHB is maintaining its “buy” recommendation on ST Engineering with a lowered target price of $3.97.

Results

ST Engineering reports 10% rise in 2Q earnings to $117.5 mil

SINGAPORE (Aug 9): Singapore Technologies Engineering (ST Engineering) saw its earnings grow 10% to $117.5 million for the 2Q ended June, from $106.8 million a year ago.

Results

SBS Transit posts 52.9% increase in 2Q earnings to $19.4 mil on higher revenue

SINGAPORE (Aug 9): SBS Transit announced that its 2Q18 earnings have increased by 52.9% to $19.4 million, compared to $12.7 million in 2Q17.

Broker's Calls

Riverstone still in growth mode: DBS

SINGAPORE (Aug 8): DBS is maintaining its “buy” recommendation on Riverstone Holdings as the research house believes the group can outperform its peers as it ramps up on its incoming cleanroom glove capacities.

Results

APAC Realty posts 9.3% decline in 2Q earnings to $7.7 million on higher agent commission

SINGAPORE (Aug 7): Real estate services provider APAC Realty, which owns ERA Realty Network, saw its earnings fall 9.3% to $7.7 million for the 2Q18 ended June, from $8.5 million a year ago.

Results

Best World 2Q earnings drop 24% to $9.1 mil on lower revenue; declares 1.2 cents interim dividend

SINGAPORE (Aug 7): Best World reported 2Q18 earnings dropped 23.7% to $9.13 million from $12.0 million in 2Q17.

Results

OKP 2Q earnings plunge 97.8% to $0.1 mil on lower construction revenue, termination of PIE viaduct project

SINGAPORE (Aug 6): OKP Holdings saw its earnings plunge 97.8% to $0.1 million for the 2Q18 ended June, from $5.0 million a year ago.

Results

World Class Global reverses out of the red with 2Q earnings of $1.24 mil

SINGAPORE (Aug 6): World Class Global posted 2Q18 earnings of $1.24 million, reversing out of a $4.80 million loss in 2Q17.

Broker's Calls

DBS keeps Chip Eng Seng at 'fully valued' following positive 2Q earnings results

SINGAPORE (Aug 6): DBS is reiterating its “fully valued” recommendation on construction and property group Chip Eng Seng (CES), with a target price of 75 cents.
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