3Q18

Results

United Engineers reports 16% lower 3Q earnings of $7.7 mil on revenue decline

SINGAPORE (Nov 14): United Engineers reported 16% lower 3Q18 earnings of $7.7 million, down from $9.1 million a year ago on lower revenue.

Results

UOL 3Q earnings down more than sixfold to $93 mil post UIC consolidation

SINGAPORE (Nov 13): UOL Group announced $92.8 million in earnings for the 3Q ended Sept, down more than sixfold from its restated 3Q17 earnings of $609.2 million in the absence of a one-off gain from the consolidation of United Industrial Corporation (UIC

Broker's Calls

Sasseur REIT's sales growth momentum will lead to even stronger 4Q: Maybank KE

SINGAPORE (Nov 13): Maybank Kim Eng is maintaining “buy” on Sasseur REIT with an unchanged 90-cent price target after the REIT manager on Monday declared higher-than-forecast DPU of 1.542 cents, outpacing the research house’s 3-40% growth forecasts

Results

Clearbridge Health posts smaller 3Q loss of $2.5 mil

SINGAPORE (Nov 12): Clearbridge Health recorded a loss of $2.5 million for the 3Q ended Sept, 21.4% smaller than its net loss of $3.2 million a year ago on higher revenue derived from its newly-commenced businesses.

Results

IREIT Global's 3Q DPU unchanged at 1.42 cents after hedging; says no more lease expiries in 2019

SINGAPORE (Nov 12): The manager of IREIT Global has announced a 3Q18 distribution per unit (DPU) of 1.42 cents, unchanged from a year ago in SGD terms after taking into account forward foreign currency exchange contracts entered into to hedge against curr

Results

China Everbright registers 17% higher 3Q earnings of $29 mil on revenue growth

SINGAPORE (Nov 12): China Everbright announced HKD164.3 million ($29 million) in earnings for the 3Q ended Sept, up 17% from the group’s 3Q17 earnings of HKD140.9 million a year ago due to higher revenue.

Results

Halcyon Agri's 3Q earnings slump to $2.3 mil on lower margins, higher costs

SINGAPORE (Nov 12): Halcyon Agri Corporation reported earnings of US$1.7 million ($2.3 million) for the 3Q ended Sept, down 75.8% from restated 3Q17 earnings of $7.2 million due to lower margins and higher costs.  

Results

ComfortDelGro posts 2% lower 3Q earnings; to set up new US$100 mil global VC fund

SINGAPORE (Sept 9): ComfortDelGro Corporation (CDG) posted $78.5 million in earnings for the 3Q ended Sept, representing a 2% decline from earnings of $80.1 million a year ago due to lower dividends received from its overseas subsidiary, Cabcharge Austral

Broker's Calls

Why Moya is still a solid 'buy' despite target price cut, according to RHB

SINGAPORE (Nov 8): RHB Research is maintaining its “buy” call on Moya Holdings Asia, with a lower target price of 11 cents compared to 15 cents previously to factor in further depreciation of the IDR as well as macroeconomic uncertainty.

Results

OUE Hospitality Trust posts 5.9% lower 3Q DPS on lower revenue & absence of income support

SINGAPORE (Nov 7): The manager of OUE Hospitality Trust (OUE HT) has announced a 3Q18 distribution per stapled security (DPS) of 1.28 cents, down 5.9% from its 1.36 cent DPS a year ago.
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