FY19

SINGAPORE (May 22): Stamford Land Corporation reported an 80.4% y-o-y decline in 4Q19 earnings to $5 million compared to $25.6 million previously due to lower revenue.

SINGAPORE (May 22): Neo Group Limited has announced earnings of $3.9 million for the 4Q ended March, rising 42.8% from $2.7 million a year ago mainly due to higher revenue.   

SINGAPORE (May 21): CGS-CIMB Research and DBS Vickers Securities are maintaining their “add” and “buy” calls on Sembcorp Industries (SCI) with target prices of $3.41 and $3.90, respectively.

SINGAPORE (May 15): Singapore Telecommunications (SingTel) posted $773 million in earnings for the 4Q19 ended March, down $7.7 million or 1% y-o-y compared to 4Q18 earnings of $769.6 million after factoring in exceptional gains from Airtel.