FY16 results

SINGAPORE (Feb 24): Sinarmas Land reported 4Q16 earnings of $46.5 million, reversing from its loss of $7.8 million a year ago.

SINGAPORE (Feb 24): UPP reported 4Q earnings more than doubled to $5.5 million from $2.2 million a year ago.

SINGAPORE (Feb 24): QAF, the multi-industry food company, reported FY16 earnings more than doubled to $120.4 million from $52.5 million a year ago after the group recorded an exceptional gain of $59.4 million from the sale of a 20% stake in GBKL in April.

SINGAPORE (Feb 24): Cosco Corp (Singapore) saw FY16 net loss widen to $976.1 million from a year ago despite 4Q net loss narrowing 13% to $657.4 million.

SINGAPORE (Feb 24): Bumitama Agri announced 4Q earnings of IDR 461.58 billion ($48.8 million), about 2.5 times of the IDR 184.67 billion a year ago on higher revenue.

SINGAPORE (Feb 23): Hi-P, the global contract manufacturer of smart phones, tablets and other consumer electronic devices, swung back to profitability in both the 4Q and FY16 ended Dec.

SINGAPORE (Feb 23): Jet fuel trader China Aviation Oil (Singapore) announced a 45.1% increase in FY16 earnings to US$88.9 million ($125.7 million), backed by higher gross profit and increased contributions from the group’s associated companies.

SINGAPORE (Feb 23): Sembcorp Industries, the energy, water and marine group, reported 4Q earnings more than doubled to $147.5 million from a year ago as its marine business swung back to profitability and its urban development business put in a better per

SINGAPORE (Feb 23): Ezion reported a widening of new 4Q losses to US$66.6 million from US$63.5 million a year ago on the back of a 14.3% fall in revenue to US$72.6 million.

SINGAPORE (Feb 23): Cityneon Holdings reported record FY16 earnings of $6.7 million, more than seven times of the $0.9 million declared in FY15.