FY16 results

Results

Keppel REIT posts 11.9% decline in 4Q DPU to 1.48 cents

SINGAPORE (Jan 24): Keppel REIT has declared a distribution per unit (DPU) of 1.48 cents for the 4Q2016, down 11.9% from a year ago. For the full-year, the REIT reported a 6.3% decline in DPU to 6.37 cents.

Results

M1 posts 16.1% fall in FY16 net profit to $149.9 mil

SINGAPORE (Jan 24): M1 Limited posted a 16.1% fall in FY16 net profit after tax to $149.9 million mainly due to lower international call and roaming revenues, as well as increased depreciation and amortisation expenses from higher fixed asset base in resp

Results

EcoWise swings into the red in FY16

SINGAPORE (Dec 30): EcoWise Holdings reported a loss of $1.8 million for FY16, compared to a net profit of $0.9 million a year ago.

Broker's Calls

LHN makes a strong defensive play in a soft industrial market

SINGAPORE (Dec 1): UOB Kay Hian is maintaining its “buy” recommendation on property management services company LHN Limited with a lower target price of 28 cents from 32 cents previously.

Results

Nam Lee Pressed Metal posts 27% fall in FY16 earnings to $9.1 mil on lower sales

SINGAPORE (Nov 29): Nam Lee Pressed Metal Industries registered a 27.4% fall in FY16 earnings to $9.3 million from $12.9 million a year ago, dragged down by poorer sales.

SPH reports 17.5% fall in FY16 earnings to $265 mil

SINGAPORE (Oct 14): Singapore Press Holdings, the media and property group, posted earnings of $265.3 million for FY16 to August, a 17.5% decrease from the $321.7 million earnings in FY15.

Results

Top Glove sees 4Q earnings fall 36% to $21.6 mil

SINGAPORE (Oct 12): Malaysian glovemaker Top Glove Corporation saw 4Q16 earnings fall 36.1% to RM65.6 million ($21.6 million), or 5.24 sen per share, from a year ago.

Results

OKH Global sinks in the red in FY16

SINGAPORE (Aug 30): OKH Global sank into the red in FY16, recording a net loss of $16.5 million, compared to a net profit of $46.2 million a year ago on lower sales from both its property development and construction businesses.

Results

Epicentre’s FY16 losses double to $5.8 mil on higher competition and store closures

SINGAPORE (Aug 29): Epicentre, the premium reseller of Apple products, saw FY16 losses double to $5.8 million from $2.9 million a year ago.

Results

PEC back in the black after posting earnings of $18.8 mil for FY16

SINGAPORE (Aug 29): Plant and terminal engineering company PEC has posted FY16 earnings of $18.8 million, reversing a $6.9 million loss from a year ago.
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