4Q18

Results

CityDev ends FY18 with record revenue despite 4Q decline; recommends special 6 cents dividend

SINGAPORE (Feb 21): City Developments recorded earnings of $77.9 million for 4Q18, down 54.7% from $171.9 million a year ago on lower revenue and higher expenses.

Results

CSE Global swings back into the black with 4Q earnings of $4.9 mil; proposes 1.5-cent final dividend

SINGAPORE (Feb 20): Technologies company CSE Global declared earnings of $4.9 million for the 4Q ended December, reversing back into profitability from its restated loss of $39.1 million due to improved margins.

Results

CapitaLand posts 71.2% higher 4Q earnings of $476 mil; proposes 12-cent dividend for FY18

SINGAPORE (Feb 20): CapitaLand Limited reported 4Q18 earnings of $475.7 million, up 71.2% on-year from its restated earnings of $277.8 million due to better operating performance, as well as higher gains from asset recycling and revaluation of investment

Results

BreadTalk's FY18 earnings fall 29.9% to $15.2 mil in absence of TripleOne Somerset divestment gain

SINGAPORE (Feb 19): BreadTalk Group delivered earnings of $15.2 million for FY18, declining 29.9% from its earnings of $21.7 million for FY17 despite booking revenue growth for the year.

Results

Singapore Medical Group reports 17.2% higher 4Q earnings of $2.9 mil on revenue growth

SINGAPORE (Feb 19): Singapore Medical Group (SMG) posted a 17.2% rise in 4Q18 earnings to $2.9 million from $2.5 million a year ago, driven by increased revenue contributions from the health and diagnostic & aesthetic business segments.

Results

Challenger announces 22% higher FY18 earnings of $19.5 mil; proposes 2-cent final dividend

SINGAPORE (Feb 15): Challenger Technologies has concluded FY18 with $19.5 million in earnings, up 22% from $16 million in FY17 due to higher gross profit and lower operating expenses.

Broker's Calls

Brokers unanimously bullish on Far East Hospitality Trust after a stellar 4Q

SINGAPORE (Feb 14): DBS Group Research, CGS-CIMB Securities and Maybank Kim Eng are maintaining their “buy” calls on Far East Hospitality Trust with the respective price targets of 70 cents, 68 cents and 75 cents.

Broker's Calls

DBS, UOB poised for better NIMs and higher dividend yields, says Maybank

SINGAPORE (Feb 13): Maybank Kim Eng remains positive on the outlook of Singapore’s banking sector, with DBS and United Overseas Bank as its top picks for their gearing towards better net interest margins (NIMs) as well as better dividend-yield visibilit

Broker's Calls

Why Manulife US REIT remains a top 'buy' pick for RHB

SINGAPORE (Feb 12): RHB Research is maintaining its “buy” call on Manulife US REIT with a higher target price of 94 US cents compared to 92 US cents previously, upon lowering COE assumptions to 8.3% from 8.4% in its dividend discount model (DDM) to r

Results

Koh Brothers Eco reports 31% lower FY18 earnings of $5.6 mil on profit margin decline

SINGAPORE (Feb 4): Koh Brothers Eco Engineering posted 4Q18 earnings of $2 million, down by more than half from its earnings of $4.5 million a year ago due to lower segment profit margins.
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