2Q

Results

Declout’s 2Q earnings up 84% to $5 mil

SINGAPORE (Aug 11): Declout posted earnings of $5 million for 2Q16, up 83.7% from earnings of $2.7 million in 2Q15.

Results

Hotel Properties posts 8.2% growth in 2Q earnings to $13.2 mil

SINGAPORE (Aug 11): Hotel Properties Limited saw 2Q16 earnings rise 8.2% to $13.2 million from a year ago due to higher share of results of associates and JVs.

Results

Super Group posts 7% fall in 2Q earnings

SINGAPORE (Aug 11): Super Group posted a 7% fall in 2Q16 earnings to $9.8 million from $10.5 million a year ago in 2Q15.

Results

Wilmar posts first ever quarterly net loss

SINGAPORE (Aug 11): Wilmar International reported its first ever quarterly net loss of US$220.1 million ($296 million) in 2Q16, compared with earnings of $193.2 million in 2Q15.

Results

Trendlines posts net loss in 2Q

SINGAPORE (Aug 10): The Trendlines Group has posted a US$4.6 million ($6.2 million) net loss for 2Q16, compared with earnings of $2.9 million in 2Q15.

Results

Soo Kee posts 72% decline in earnings for 2Q

SINGAPORE (Aug 10): Soo Kee Group has reported a 72% decline in earnings to $381,000 for 2Q16, compare with earnings of $1.8 million in 2Q15.

Results

Chip Eng Seng’s 2Q earnings down 33% on higher tax expenses

SINGAPORE (Aug 8): Chip Eng Seng Corporation saw a 33.3% decline in 2Q16 earnings to $14.3 million from a year ago, hit by higher tax expenses.

Broker's Calls

An uphill battle awaits Sembcorp in India

SINGAPORE (Aug 3): CIMB is downgrading its “add” call on Sembcorp Industries to “hold” and lowering its target price for the utilities and marine company to $2.66 from $3.10 previously

Sembcorp’s 1H earnings plunge 47.1% to $193.5 mil on lower profits from all segments

SINGAPORE (Aug 2): Sembcorp Industries, the utilities and marine company, posted a 47.1% fall in 1H16 earnings to $193.49 million from a year ago.

Results

UIC’s 2Q earnings almost double to $111.9 mil on fair value gain

SINGAPORE (July 29): Second quarter earnings of United Industrial Corp (UIC) nearly doubled to $111.9 million, 90% higher than its $58.9 million in 2Q15, thanks to a fair value gain of $53.1 million.
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