4Q16

SINGAPORE (March 1): Centurion Corp reported $28.7 million in earnings for the full year ended Dec 31, a 16% decline from its earnings of $34.1 million posted in the previous financial year.

SINGAPORE (March 1): Restructuring helped Vard Holdings narrow FY16 losses to NOK163 million ($27.3 million) from FY15 losses of NOK 603 million.

SINGAPORE (Feb 28): Soup Restaurant Group reported a 3.2% rise in FY16 earnings of $998,000 on lower expenses.

SINGAPORE (Feb 28): Yeo Hiap Seng reported FY16 earnings of $29 million, down 21.4% from FY15 a year ago.

SINGAPORE (Feb 28): YuuZoo Corporation reported a loss of $0.9 million for the 4Q16 due to lower sales compared to restated earnings of $4.7 million in 4Q15.

SINGAPORE (Feb 28): Yongnam Holdings reported FY16 losses widened to $31.6 million from losses of $3.3 million a year ago on lower margins.

SINGAPORE (Feb 28): Sino Grandness Food Industry saw FY16 earnings nearly triple to RMB578.2 million ($118 million) from a year ago on higher revenue and other operating income as well as lower finance costs.

SINGAPORE (Feb 28): CIMB Research is maintaining its “add” recommendation on First Resources at an unchanged target price of $2.32 following the release of its financial statement 4Q16/FY16, where final core earnings were above the research house’s

SINGAPORE (Feb 28): DBS Vickers Securities is keeping its “hold” call on Noble Group while raising its target price to 23 cents from 20 cents previously – on the belief that a further re-rating beyond the stock’s current level is “unjustified”

SINGAPORE (Feb 28): Maybank Kim Eng is maintaining its “hold” call on Ho Bee Land despite raising its target price on the stock to $2.47 from $2.13 previously, after rolling forward valuations to FY16 and incorporating the property developer’s recen