2Q17

SINGAPORE (Aug 14): OCBC Investment Research has upgraded its call on City Developments (CityDev) to “buy” from “hold” with a higher fair value estimate of $12.39 from $10.50 previously, after updating its valuation model with its latest assumptio

SINGAPORE (Aug 14): RHB Research is maintaining its “buy” rating on Food Empire with an unchanged target price of 95 cents, after the food and beverage (F&B) product manufacturer on Saturday released a set of 2Q17 results which came in line with the r

SINGAPORE (Aug 14): Pacific Radiance, the provider of offshore marine support services, reported 2Q losses narrowed 88% to US$7.1 million from US$59.5 million a year ago.

SINGAPORE (Aug 14): CNMC Goldmine Holdings posted a 90% on-year decline in earnings to US$0.5 million ($0.7 million) for the second quarter ended June, versus earnings of US$4.7 billion a year ago on lower revenue.

SINGAPORE (Aug 11): Wheelock Properties announced earnings of $36.5 million for 2Q17 ended June, up 3.4% on-year from the $35.3 million in 2Q16.

SINGAPORE (Aug 11): ZICO Holdings announced earnings of RM1.9 million ($0.6 million) for the 2Q17 ended June, doubling from its earnings of RM1 million in 2Q16 on higher revenue.

SINGAPORE (Aug 11): Sino Grandness Food Industry Group reported earnings of RMB105.1 million ($21.5 million) for 2Q17 ended June, down 33.4% from RMB157.7 million in 2Q16.

SINGAPORE (Aug 11): CIMB is keeping its “add” rating on Memtech International after the global components solution provider yesterday reported earnings of US$4.9 million ($6.7 million) for the second quarter ended June, reversing from its loss positio

SINGAPORE (Aug 10): The manager of iREIT Global has declared a distribution per unit (DPU) of 1.45 cents for the 2Q17 ended June, down 9.4% from its 1.6 cents DPU in the same period a year ago.

SINGAPORE (Aug 10): Property construction group TA Corporation has reported a loss of $10.9 million for the half year ended June, compared to its earnings of $0.2 million in 1H16.