4Q earnings

SINGAPORE (Feb 28): China Aviation Oil (CAO) has announced a 23.88% increase in its 4Q18 earnings to US$18.7 million ($25.2 million), compared to US$15.1 million in 4Q17, mainly from the reduction in operating expenses and increase in gross profit.

SINGAPORE (Feb 28): China Sunsine Chemical Holdings has announced earnings of RMB 108.6 million ($21.9 million) for the 4Q18 ended December, 18% lower than RMB 132.0 million a year ago.

SINGAPORE (Feb 28): Food Empire has announced that it has reversed out of the red in 4Q18 with earnings of US$2.72 million ($3.67 million), compared to a loss of US$2.75 million in 4Q17.

SINGAPORE (Feb 28): Real estate agency APAC Realty, which operates the ERA brand, has announced a 48.1% drop in earnings to $4.1 million for the 4Q18 ended December, from $7.9 million a year ago, on the back of lower revenue.

SINGAPORE (Feb 28): CGS-CIMB is downgrading its call on UMS Holdings to “reduce” from “hold” with a reduced target price of 62 cents from 75 cents previously.

SINGAPORE (Feb 27): IHH Healthcare has announced that its 4Q18 earnings increased by more than five times to RM509.4 million ($168.8 million), compared to RM101.3 million in 4Q17 on stronger operational performance and forex gains from Acibadem’s non-Li

SINGAPORE (Feb 27): Healthcare services provider Thomson Medical Group (TMG), formerly known as property group Rowsley, has swung out of the red with full-year earnings of $2.2 million in FY18, compared to losses of $22.3 million a year ago.

SINGAPORE (Feb 27): Sheng Siong is a “buy” for most research houses.

SINGAPORE (Feb 27): United Global reported 4Q18 earnings increased by 2.9% to US$2.62 million ($3.53 million), compared to US$2.54 million in 4Q17.

SINGAPORE (Feb 26): Real estate agency PropNex saw its earnings fall 57.7% to $1.8 million for the 4Q18 ended December, from $4.3 million a year ago.