FY17 results

SINGAPORE (Apr 23): The manager of Ascendas REIT (AREIT) has declared a 4Q18 DPU of 3.91 cents, 1.5% higher compared to the 4Q17 DPU of 3.852 cents.

SINGAPORE (Mar 15): 8Telecom International Holdings, the manufacturer and supplier of telecommunications products, announced that it has narrowed its FY17 losses to $1.51 million compared to $27.4 million in FY16.

SINGAPORE (Mar 9): Golden Energy and Resources (GEAR) saw its full-year earnings nearly treble to US$63.0 million ($82.9 million) for the FY17 ended December, from US$22.0 million a year ago.

SINGAPORE (Mar 8): Hongkong Land Holdings, the property group which is a member of the Jardine group, announced FY17 earnings increased by 67% to US$5.6 billion ($7.37 billion) compared to US$3.35 billion in FY16.

SINGAPORE (Mar 8): CIMB is reiterating its “add” recommendation on China Jinjiang Environment Holdings (CJE) with a lower target price of 85 cents.

SINGAPORE (Mar 5): Phillip Capital is maintaining its “accumulate” call on Ho Bee Land with a target price of $2.98.

SINGAPORE (Mar 2): Phillip Capital is reiterating its “buy” recommendation on China Aviation Oil (CAO) with a target price of $2.00.

SINGAPORE (Mar 2): SAC Advisors is keeping its “buy” rating on Advancer Global with a target price of 36 cents.

SINGAPORE (Mar 2): RHB is maintaining its “buy” call on Singapore Medical Group (SMG) with a target price of 68 cents, as the group’s turnaround is further validated by organic and inorganic growth.

SINGAPORE (Mar 2): Top Global reversed out of the red with earnings of $1.4 million in the 4Q ended December, compared to losses of $11.3 million in the corresponding quarter last year.