2Q19 results

Investing ideas

Frencken continues to outperform amid challenging quarter for manufacturing sector

SINGAPORE (Aug 13): Technology solutions provider Frencken Group has emerged one of the rare manufacturing companies that delivered growth in 2Q19, even as many of its peers in the manufacturing sector companies saw their profits tumble amid geopolitical

Results

Maxi-Cash 2Q19 earnings fall 20% to $2.8 mil on lower revenue, higher depreciation and expenses

SINGAPORE (Aug 8): Maxi-Cash Financial Services reported 2Q19 earnings of $2.8 million, 20% lower than $3.5 million in the same quarter last year.

Results

Singapura Finance reports 21% fall in 2Q earnings to $1.5 mil

SINGAPORE (Aug 8): Singapura Finance reported 2Q19 earnings of $1.5 million, 21.1% lower from a year ago.

Investing ideas

Can Japfa overcome near-term cyclical pressures to see turnaround?

SINGAPORE (Aug 8): Lower average selling prices and higher costs drove earnings for agri-food company Japfa down to US$5 million ($6.8 million) for the 2Q19 ended June, a steep 83% drop from a year ago.

Results

Koufu reports 16.2% increase in 2Q19 earnings to $7.2 mil on higher revenue

SINGAPORE (Aug 7): Food court operator Koufu Group posted 2Q19 earnings of $7.2 million, up 16.2% from $6.2 million in the same quarter last year on the back of higher contributions across business segments.

Investing ideas

StarHub regaining competitive streak though 2Q performance remains subpar

SINGAPORE (Aug 7): StarHub’s 2Q19 earnings were hit by price erosion in the corporate renewals market as well as promotional discounts dished out to hasten the migration to fibre TV.

Results

Starhub posts 36.1% drop in 2Q earnings to $39.5 mil on lower revenue

SINGAPORE (Aug 6): Starhub reported earnings of $39.5 million for the 2Q19 ended June, down 36.1% from $61.7 million the previous year.

Results

APAC Realty 2Q earnings down more than half to $3.3 mil on lower brokerage income

SINGAPORE (Aug 5): APAC Realty reported a 56.8% plunge in 2Q19 earnings to $3.3 million from earnings of $7.7 million during the same quarter last year.

Results

Roxy-Pacific reports 16% drop in 2Q earnings to $4.2 mil on higher costs, lower gains

SINGAPORE (July 31): Roxy-Pacific Holdings recorded 2Q earnings of $4.2 million, down 16% from $5.0 million a year ago. This brought 1H19 earnings down 27% to $9.3 million.
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