2Q17

Results

Hiap Hoe swings back to profitability with 2Q earnings of $1.4 mil

SINGAPORE (Aug 10): Real estate group Hiap Hoe is back in the black with 2Q17 earnings of $1.4 million compared to the loss of $3.1 million it posted in the same period a year ago. 

Results

Far East Group reversed into the black in 1H

SINGAPORE (Aug 10): Far East Group, the refrigeration and air-conditioning business, announced half-year earnings of $0.25 million compared to its loss of $0.71 million a year ago on higher gross profit margin and higher other operating income.

Results

Memtech back in the black with 2Q earnings of US$4.9 mil on higher revenue

SINGAPORE (Aug 10): Memtech International, the global components solution provider, reported earnings of US$4.9 million ($6.7 million) for 2Q17, reversing from the loss of US$1.4 million posted in the same period a year ago.

Results

Soup Restaurant swings back to profitability in 2Q on higher revenue

SINGAPORE (Aug 10): Restaurant chain operator Soup Restaurant has announced $0.3 million in earnings for 2Q17, reversing from its loss of $0.2 million in the same period a year ago due to higher revenue.

Results

Wilmar returns to profitability in 2Q with US$60.2 mil earnings

SINGAPORE (Aug 10): Agribusiness Wilmar International has swung back into the black with earnings of US$60.2 million ($82.1 million) for the 2Q17 ended June, compared to the US$220.1 million loss it posted in the same period a year ago.

Results

SBS Transit posts 75.3% rise in 2Q earnings to $12.7 mil on higher revenue

SINGAPORE (Aug 10): Transport operator SBS Transit has announced earnings of $12.7 million for the 2Q17 ended June, representing a 75.3% increase from its earnings of $7.2 million in 2Q16 on higher revenue.  

Broker's Calls

Outlook remains bright for China Everbright Water after a glowing 1H

SINGAPORE (Aug 10): The research houses of DBS and Phillip Capital are positive on China Everbright Water after the environmental protection company on Monday reported a strong set of 1H17 results, with earnings for the half year up 41% at $44.4 million o

Results

Rotary Engineering 2Q earnings down 43% at $1.2 mil despite higher revenue

SINGAPORE (Aug 8): Rotary Engineering reported 2Q17 earnings of $1.2 million, or a 43% decline from the $2 million reported in 2Q16 when profits were higher as the group reached completion on major projects.

Results

Boustead Projects sees 1Q earnings fall 5% to $5.8 million on lower revenue

SINGAPORE (Aug 8): Real estate group Boustead Projects announced a 5% fall in 1Q18 earnings to $5.8 million from $6.1 million a year ago on lower revenue.  

Results

Engro posts 80.5% decline in 2Q earnings to $0.9 mil

SINGAPORE (Aug 8): Engro Corporation, the provider of building materials, reported earnings of $0.9 million for the 2Q17 ended June, down 80.5% from its earnings of $4.5 million in 2Q16.
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