Amara Holdings

Broker's Calls

Amara 2H sales to be driven by Shanghai, Singapore

SINGAPORE (Aug 21): RHB Research is remaining positive on Amara on stronger contributions from its Singapore and Shanghai hotel operations as well as contributions from its Singapore property developments.

Broker's Calls

Robust residential property launch pipeline keeps Amara at 'buy'

SINGAPORE (May 16): RHB is maintaining its “buy” call on Amara Holdings with a target price of 88 cents.

Results

Amara posts 32% 1Q earnings rise to $2.1 mil on higher revenue & forex gain

SINGAPORE (May 14): Amara Holdings reported earnings of $2.1 million for the 1Q ended March, up 32% from its restated earnings of $1.6 million a year ago due to higher revenue and other income.  

Results

Amara posts 36% fall in FY17 earnings to $24 mil on higher selling costs and tax expenses

SINGAPORE (Feb 22): Hotel and property group Amara Holdings reported a 36% fall in FY17 earnings to $23.9 million from $37.1 million a year ago.

Broker's Calls

Amara's profit to be driven by Shanghai hotel

SINGAPORE (Nov 15): RHB is maintaining its “buy” call on Amara Holdings with a target price of 88 cents.

Results

Amara posts 20% lower 3Q earnings of $3.2 mil on higher costs

SINGAPORE (Nov 13): Amara Holdings reported a 20% decline in 3Q17 earnings to $3.2 million from $4 million in the same period a year ago, on higher costs incurred over the quarter ended Sept.

Broker's Calls

Amara still attractive despite Shanghai delay

SINGAPORE (Oct 9): RHB Research is cutting its 2017 net profit forecast for Amara Holdings by 14% after a delay in the expected commencement of operations of Amara Signature Shanghai.

Amara’s 100 AM mall to launch new F&B concept on Dec 1

SINGAPORE (Nov 10): Amara Holdings’ lifestyle shopping mall, 100 AM, will be unveiling a new food and beverage (F&B) concept on its third floor from Dec 1.
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