FY18 earnings

SINGAPORE (Feb 28): Real estate agency APAC Realty, which operates the ERA brand, has announced a 48.1% drop in earnings to $4.1 million for the 4Q18 ended December, from $7.9 million a year ago, on the back of lower revenue.

SINGAPORE (Feb 28): CGS-CIMB is downgrading its recommendation on Memtech International to “hold” from “add” with a slightly lowered target price of $1.08 from $1.10 previously.

SINGAPORE (Feb 28): CGS-CIMB Research continues to rate Fu Yu Corp “hold” with a target price of 20 cents.

SINGAPORE (Feb 27): Hong Leong Finance reported FY18 earnings of $118.3 million, 38.1% higher compared to $85.7 million in FY17. The results were arrived at after net recoveries of doubtful debts amounting to $2.2 million against additional net loss allow

SINGAPORE (Feb 27): Haw Par Corporation has reported a 46.2% increase in full-year earnings to $179.1 million for the FY18 ended December, from $122.5 million a year ago.

SINGAPORE (Feb 27): IHH Healthcare has announced that its 4Q18 earnings increased by more than five times to RM509.4 million ($168.8 million), compared to RM101.3 million in 4Q17 on stronger operational performance and forex gains from Acibadem’s non-Li

SINGAPORE (Feb 27): Healthcare services provider Thomson Medical Group (TMG), formerly known as property group Rowsley, has swung out of the red with full-year earnings of $2.2 million in FY18, compared to losses of $22.3 million a year ago.

SINGAPORE (Feb 27): Sheng Siong is a “buy” for most research houses.

SINGAPORE (Feb 27): United Global reported 4Q18 earnings increased by 2.9% to US$2.62 million ($3.53 million), compared to US$2.54 million in 4Q17.

SINGAPORE (Feb 26): Analysts are generally neutral on Raffles Medical Group (RMG) after the group yesterday announced that its FY18 earnings saw a slight 0.4% increase y-o-y to $71.1 million, while revenue grew 2.4% to $489.1 million.