4Q17

Results

Hong Leong Asia's FY17 losses narrow to $66.5 mil on higher sales and other income

SINGAPORE (Feb 28): Hong Leong Asia reported FY17 losses of $66.5 million, 6.7% smaller than the net loss of $71.3 million a year ago.

Results

ABR Holdings 4Q earnings double to $2.5 mil after acquiring Chilli Padi Group

SINGAPORE (Feb 28): ABR Holdings reported 4Q17 earnings double to $2.5 million from $1.3 million a year ago on higher revenue.

Results

InnoTek 4Q earnings fall 42% to $2.8 mil on unrealised exchanges losses & higher tax expense

SINGAPORE (Feb 28): Precision metal components manufacturer InnoTek announced earnings of $2.8 million for 4Q17, down 42% from $4.8 million in the same period a year ago on unrealised exchange losses and higher tax expense.

Results

JB Foods' 4Q earnings up fivefold to US$6.5 mil on improved margins

SINGAPORE (Feb 28): Cocoa ingredients producer JB Foods announced earnings of US$6.5 million ($8.6 million) for 4Q17, representing a fivefold increase from its earnings of US$1.1 million a year ago on margin improvements. 

Results

Venture celebrates record FY17 earnings of $373 mil as revenue hits $4 bil

SINGAPORE (Feb 28): Venture Corporation reported record full-year earnings of $372.8 million in FY17, doubling from its profit of $180.7 million a year ago as revenue hit the $4 billion mark.

Broker's Calls

After bulking up, this property play is ready to enjoy even greater growth

SINGAPORE (Feb 28): CIMB is reiterating its “add” recommendation on UOL Group with a target price of $9.67, which is based on a 20% discount to a higher RNAV of $12.09 after adjusting FY81-19 EPS estimates post the property developer’s 4Q results.

Broker's Calls

Cityneon on track to meet earnings estimates despite higher gearing, says UOB

SINGAPORE (Feb 28): UOB Kay Hian is maintaining its “buy” call on Cityneon Holdings while putting its target price of $1.55 under review, pending the group’s results briefing later today.

Results

Centurion announces 4Q earnings of $5.9 mil after adjustments

SINGAPORE (Feb 27): Centurion Corp posted earnings of $5.9 million for the 4Q ended Dec 2017, nearly doubling from its 4Q16 earnings of $2.9 million a year ago after adjusting for fair value losses on investment properties and assets held for sale, provid

Results

Hong Leong Finance posts 61.5% higher FY17 earnings of $85.7 mil

SINGAPORE (Feb 27): Hong Leong Finance reported a 61.5% rise in FY17 earnings to $85.7 million from $53.1 million a year ago, which is equivalent to 19.3 cents per share, after topping up provisions amounting to $3.8 million against $1.1 million in FY16.

Results

Interra Resources swings back to profitability in FY17

SINGAPORE (Feb 27): Interra Resources reported earnings of US$1.3 million ($1.7 million) for FY17 compared to its FY16 loss of US$8.1 million, mainly due to lower share of losses from associated companies.
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