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Results
Oceanus reverses losses to earnings of $1.9 mil for 3Q on higher revenue
Earnings for the 9MFY2020 stood at RMB4.7 million from the RMB4.5 million loss reported in 9MFY2019.
November 09, 2020
Results
Ascendas REIT posts 0.7% higher 3Q DPU of 3.998 cents; secures $181.2 mil BTS project from Grab
SINGAPORE (Jan 30): The manager of Ascendas REIT (A-REIT) reported a 3Q19 distribution per unit (DPU) of 3.998 cents, growing 0.7% from 3.97 cents a year ago after taking into account an enlarged number of units in issue.
January 30, 2019
Results
Starhill Global REIT posts 3.4% lower 2Q DPU of 1.13 cents
SINGAPORE (Jan 29): The manager of Starhill Global REIT (SG REIT) has announced a distribution per unit (DPU) of 1.13 cents for 2Q19, 3.4% lower than its DPU of 1.17 cents a year ago due to lower net property income (NPI), higher interest costs and higher
January 29, 2019
Results
QAF's 1Q earnings down 79% to $3 mil on lower revenue, higher costs
SINGAPORE (May 8): QAF, the manufacturer of Gardenia sliced bread, reported earnings of $3 million for the 1Q18 ended March, down 79% from earnings of $14 million in 1Q17 on lower revenue and higher costs and expenses.
May 08, 2018
Broker's Calls
OCBC ceases coverage of Tat Hong on worries over overall recovery
SINGAPORE (Sept 20): OCBC is ceasing coverage on crane rental firm Tat Hong Holdings on prolonged worries with the group’s overall recovery and internal reallocation of resources.
September 20, 2017
Broker's Calls
What’s next for UG Healthcare after a disappointing FY17
SINGAPORE (Sept 4): Maybank Kim Eng Research is maintaining its “sell” call on UG Healthcare Corporation with a 16% lower price target of 21 cents while noting weak cost management and a weaker ability to pass on additional costs.
September 04, 2017
Results
Kitchen Culture remains in the red with $6.4 mil loss for FP17
SINGAPORE (Aug 30): Kitchen Culture, the distributor of high-end kitchen systems, announced a loss of $6.4 million for the full 18 months ended June compared to a loss of $5.3 million in FY15 ended Dec.
August 30, 2017
Broker's Calls
Property divestments bode well for CapitaLand Commercial Trust’s M&A prospects
SINGAPORE (July 4): UOB Kay Hian is reiterating its “buy” call on CapitaLand Commercial Trust (CCT) following news of its divestment of Wilkie Edge to construction and property development firm, Lian Beng Group, for a consideration price of $280 milli
July 04, 2017
Results
Tat Hong swings back to profitability in 3Q
SINGAPORE (Feb 14): Crane rental company Tat Hong Holdings has swung back to profitability in 3Q with earnings of $0.2 million, thanks to higher operating income, a one-off gain on disposal and lower operating costs.
February 14, 2017
Results
Croesus Retail Trust’s 2Q DPU rises 5.2% to 1.81 cents
SINGAPORE (Feb 14): Croesus Retail Trust (CRT) has announced a distribution per unit (DPU) of 1.81 cents for 2Q17 ended Dec 31.
February 14, 2017