3Q18

Results

Lian Beng reports 21% fall in 9M earnings to $17 mil on lower revenue

SINGAPORE (Apr 12): Lian Beng Group announced earnings of $16.8 million for the nine months ended Feb 2018, down 20.6% from $21.2 million a year ago on lower revenue, higher costs and expenses, as well as lower results of associates and joint ventures.  

Results

GKE's 3Q losses narrow 18.5% to $0.8 mil on revenue growth

SINGAPORE (Apr 12): GKE Corp, the integrated warehousing and logistics solutions provider, saw its 3Q18 losses narrow 18.5% on-year to $0.8 million from $0.9 million on higher revenue.

Results

Del Monte Pacific posts 3Q loss of US$38.4 mil on one-off expenses from new US tax rates

SINGAPORE (Mar 8): Del Monte Pacific (DMPL) announced a 3Q18 loss of US$38.4 million ($50.5 million) due to one-off expenses, mainly due to a US$39.8 million write-off of deferred tax assets in the US, due to the change in US Federal income tax rate from

Broker's Calls

This F&B stock remains a sumptuous 'buy', says Phillip Capital

SINGAPORE (Feb 15): Phillip Capital is maintaining its “buy” call on Old Chang Kee with a following the group’s release of its 9M18 results, which came in at 78% of the research house’s full year expectations.

Results

Old Chang Kee posts 9.3% decline in 3Q earnings to $1.2 mil on higher expenses

SINGAPORE (Feb 14): Old Chang Kee announced earnings of $1.2 million for 3Q18, down 9.3% from $1.4 million a year ago in 3Q17 on higher expenses related to increased raw material costs.

Results

Courts Asia posts 28.7% decline in 3Q earnings of $3.5 mil on lower profit margin

SINGAPORE (Feb 13): Courts Asia, the electrical, furnishing and consumer electronics retailer, announced earnings of $3.5 million for the third quarter of FY17, down 28.7% from its net profit of $4.9 million a year ago on lower gross profit margin and hig

Results

Tat Hong records third straight quarter of loss in FY18

SINGAPORE (Feb 13): Tat Hong Holdings reported its third straight FY18 quarter in the red with a loss of $2.3 million compared to the $1.2 million profit in 3Q17.

Results

King Wan's 3Q earnings down 50% at $1.7 mil on lower share of associate profits

SINGAPORE (Feb 13): King Wan Corporation has announced earnings of $1.7 million for 3Q18, down 50% from its earnings of $3.4 million a year ago on lower share of profit of associates.  

Broker's Calls

Will supply chain kinks slow Valuetronics' growth momentum?

SINGAPORE (Feb 13): CIMB is reiterating its “add” call on Valuetronics Holdings with an unchanged target price of $1.10, which is pegged to 11 times CY19 forward earnings and implies 4% FY18-20 dividend yield, after the tech manufacturer last Friday p

Results

Ley Choon posts 96.2% fall in 3Q earnings to $0.3 mil on absence of one-off gain

SINGAPORE (Feb 12): Construction and engineering group Ley Choon saw 3Q18 earnings fall 96.2% to $0.3 million from $8.8 million in 3Q17, mainly due to the absence of a gain on disposal of its office building which was recorded in the same period a year ag
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