FY19 earnings

Results

Koda posts 2% drop in FY19 earnings to $7.4 mil; declares 2 cents final and special dividend

SINGAPORE (Aug 29): Furniture manufacturer Koda reported FY19 earnings of US$5.3 million ($7.4 million), down 1.9% compared to US$5.4 million in FY18.

Results

FJ Benjamin back in the black in FY19 with closure of loss-making units

SINGAPORE (Aug 28): FJ Benjamin reported earnings of $177,000 for FY19, reversing out of the red from a loss of $1.2 million in FY18.

Results

Silverlake Axis posts 86% increase in 4Q earnings to $22.3 mil on higher sales, other income

SINGAPORE (Aug 23): Silverlake Axis reported 4Q19 earnings of RM67.5 million ($22.3 million), 86% higher versus RM36.2 million in 4Q18.

Results

Starhill Global REIT reports 0.9% higher 4Q DPU of 1.1 cents

SINGAPORE (July 30): The manager of Starhill Global REIT (Starhill REIT) has declared a 4Q19 DPU of 1.10 cents, 0.9% higher than 1.09 cents in 4Q18.

Results

Lian Beng 4Q earnings drop 70% to $16.7 mil on absence of one-off gain

SINGAPORE (July 30): Local construction group Lian Beng reported 4Q19 ended June earnings fell 69.5% to $16.7 million from $55 million in 4Q18.

Company in the news

Production boost lifts Sinostar PEC's earnings; third plant with better product mix being built

SINGAPORE (June 24): Sinostar PEC Holdings, which refines petrochemical products, was able to post healthy earnings growth in 1QFY2019, owing to additional production capacity from a second plant. The company is now investing in additional capacity that w

Results

Old Chang Kee posts 14.6% increase in FY19 earnings to $4.3 mil on higher revenue; declares 1.5 cents final dividend

SINGAPORE (May 30): Old Chang Kee announced that its FY19 earnings have increased by 14.6% to $4.3 million, compared to $3.8 million in FY18.

Results

SIA Engineering posts 12.3% drop in 4Q earnings to $49.3 mil; declares 8 cents final dividend

SINGAPORE (May 10): SIA Engineering reported 4Q19 earnings of $49.3 million, 12.3% lower compared to 4Q18 earnings of $56.2 million.

Results

Ascendas Hospitality Trust posts 2.9% increase in 4Q DPS to 1.77 cents

SINGAPORE (May 9): Ascendas Hospitality Trust (A-HTRUST) reported a 2.9% increase in its 4Q19 distribution per stapled security (DPS) to 1.77 cents, compared to 1.72 cents in 4Q18, as income available for distribution increased by 3.5% y-o-y to $20.1 mill

Broker's Calls

MNACT is one of DBS's best-performing S-REITs year to date

SINGAPORE (May 3): DBS Group Research is reiterating its “buy” call on Mapletree North Asia Commercial Trust (MNACT) with a higher target price of $1.60 from $1.45 previously.
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