EBITDA

First Resources posts 61% drop in 1Q21 net profit on higher export taxes - THE EDGE SINGAPORE

Results

First Resources posts 61% drop in 1Q21 net profit on higher export taxes

The higher export taxes follow the implementation of a new levy structure in Indonesia since December 2020.
ThaiBev sees 19.7% growth in earnings to 5.93 bil baht in 2Q21 - THE EDGE SINGAPORE

Results

ThaiBev sees 19.7% growth in earnings to 5.93 bil baht in 2Q21

The board has declared an interim dividend of 0.15 baht per share for the 1HFY2021, payable on June 11.
It’s a 'buy' for Raffles Medical despite the minor hiccup in return to normal, says RHB - THE EDGE SINGAPORE

Broker's Calls

It’s a 'buy' for Raffles Medical despite the minor hiccup in return to normal, says RHB

Operations at healthcare operator Raffles Medical is not likely to have a material disruption, says RHB’s Shekhar Jaiswal.
Fortress Minerals reports earnings of US$18.3 mil, record revenue of US$47.7 mil for FY2021 - THE EDGE SINGAPORE

Results

Fortress Minerals reports earnings of US$18.3 mil, record revenue of US$47.7 mil for FY2021

An interim dividend of 1.0 cent has been declared for the FY2021 and will be paid out on May 10.
Keppel Infrastructure reports 0.2% dip in EBITDA to $98 mil in 1Q21 business update - THE EDGE SINGAPORE

Results

Keppel Infrastructure reports 0.2% dip in EBITDA to $98 mil in 1Q21 business update

The trust also reported 15.6% y-o-y growth in operational cash flows to $66.5 million.
UOB Kay Hian initiates 'buy' on Dairy Farm, TP of US$5.19 - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian initiates 'buy' on Dairy Farm, TP of US$5.19

UOB Kay Hian's target price of US$5.19 is pegged to its five-year average P/E of 22 times.
RHB upgrades Raffles Medical to 'buy' on return to business as usual - THE EDGE SINGAPORE

Broker's Calls

RHB upgrades Raffles Medical to 'buy' on return to business as usual

RHB analyst Shekhar Jaiswal expects the group to deliver over 25% in profit growth over the next two years.
Analysts slightly pessimistic on Silverlake Axis after 2Q results come in below expectations  - THE EDGE SINGAPORE

Broker's Calls

Analysts slightly pessimistic on Silverlake Axis after 2Q results come in below expectations

Analysts maintained their calls on Silverlake, but lowered their target prices after 2Q results came in below expectations.
ThaiBev reports 1% higher earnings of $375.2 mil in 1Q21 due to higher sales in spirits, beer and non-alcoholic beverages - THE EDGE SINGAPORE

Results

ThaiBev reports 1% higher earnings of $375.2 mil in 1Q21 due to higher sales in spirits, beer and non-alcoholic beverages

This translated to unchanged earnings per share (EPS) of 0.34 baht for the quarter compared to the year before.
Singtel says it remains 'financially disciplined' in response to A1 and ‘stable’ ratings outlook from Moody's - THE EDGE SINGAPORE

Telecommunications

Singtel says it remains 'financially disciplined' in response to A1 and ‘stable’ ratings outlook from Moody's

The agency, however, does not expect “meaningful improvement” in Singtel’s underlying EBITDA over the next 12 to 18 months.
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