2Q17

SINGAPORE (Aug 8): RHB Research is maintaining its “buy” call on China Everbright Water with a price target estimate of 54 cents, after the environmental protection company yesterday posted a set of 2Q17 results which came in slightly ahead of the res

SINGAPORE (Aug 7): Property developer Wee Hur Holdings reported 2Q17 earnings of $3.3 million, double of the $1.6 million it posted in 2Q16 a year ago on higher other items of income, mainly due to higher translation and fair value gains.   

SINGAPORE (Aug 7): Best World International announced earnings of $21.7 million for the 1H17 ended June, surging 62.7% from $13.3 million in earnings reported in 1H16 on higher revenue and lower distribution costs.

SINGAPORE (Aug 7): Property group Ho Bee Land has announced earnings of $36.1 million for the 2Q17 ended June, 14.1% lower compared to the group’s $42 million earnings posted in 2Q16 on lower revenue.

SINGAPORE (Aug 7): CIMB Research is maintaining its “hold” rating on Far East Hospitality Trust with an unchanged price target of 66 cents on an “as-it-is” basis, after the REIT’s 2Q17 results came in broadly in line with the research house’s

SINGAPORE (Aug 4): Challenger Technologies, the IT products and services provider, announced earnings of $3.84 million for 2Q17 ended June, 2% higher than  $3.76 million it posted in the same period a year ago.

SINGAPORE (Aug 4): Electronics services provider Venture Corporation reported earnings of $69.8 million for the 2Q17 ended June, 61% higher from a year ago on higher revenue.

SINGAPORE (Aug 4): OCBC Research is maintaining its “hold” rating on DBS with a higher fair value estimate of $22.50 after the bank this morning announced net 2Q earnings which came in slightly below market expectations, based on Bloomberg data.

SINGAPORE (Aug 4): RHB is remaining “neutral” on CapitaLand with a target price of $3.90, after the real estate group’s 2Q17 results came in line with the research house’s estimates.