Hai Leck Holdings

Results

Hai Leck posts 194% surge in FY2021 earnings to $12.1 mil; declares 6 cents dividend

Hai Leck posts surge in FY2021 earnings to $12.1 mil; declares 6 cents dividend.
Transit-Mixed Concrete raises $4.9 mil via private placement to seven investors including Tai Sin chairman Lim - THE EDGE SINGAPORE

Equity raising

Transit-Mixed Concrete raises $4.9 mil via private placement to seven investors including Tai Sin chairman Lim

Other investors include Chua Keng Woon, an independent director on the boards of Hai Leck Holdings and Asiamedic.

Hai Leck founder buys shares following 1Q losses; Morgan Stanley sells AEM shares after steady run

SINGAPORE (13 Dec): The controlling shareholder of Hai Leck Holdings has been increasing his stake in the industrial engineering company since end-November. In his most recent purchase on Dec 10, Cheng Buck Poh, the company’s founder and executive chair

Results

Hai Leck reverses into the red in 3Q as sales fall 33%

SINGAPORE (May 9): Hai Leck, the oil & gas civil engineering firm, reversed into a loss of $1.5 million for in 3Q18 ended March compared to a year ago on the back of a 33.2% fall in revenue to $19.3 million.

Results

Hai Leck posts 2Q earnings drop 9.9% to $2.02 mil

SINGAPORE (Feb 12) Hai Leck Holdings announced that its 2Q18 earnings dropped 9.9% to $2.02 million compared to $2.24 million in 2Q17, binging 1H18 earnings to $4.24 million, 11.8% lower than $4.80 million last year.

Results

Hai Leck Holdings posts 1Q earnings down 13.4% to $2.22 mil

SINGAPORE (Nov 6): Hai Leck Holdings, the provider of engineering, procurement and construction (EPC) services, announced that 1Q18 earnings dropped 13.4% to $2.22 million from $2.56 million in 1Q17.

M&A

Hai Leck's new Jurong Island project to boost FY18 order book by $28 mil

SINGAPORE (Oct 16): Hai Leck Holdings says it has been awarded a new project by an existing customer in Jurong Island.

Results

Hai Leck posts 37.8% decrease in FY17 earnings to $7.9 mil

SINGAPORE (Aug 28): Hai Leck today announced that its earnings dropped 37.8% to $7.9 million for the full year ended June, from $12.8 million a year ago.

Results

Hai Leck 2Q earnings up 18.2% to $2.2 mil on lower expenses

SINGAPORE (Feb 8): Hai Leck Holdings saw earnings grow 18.2% to $2.2 million in 2Q, from $1.9 million a year ago, on the back of lower expenses.

Broker's Calls

Seeking cash-rich small and mid caps

SINGAPORE (Oct 11): DBS Group Research is sticking to its investment strategy of seeking safe havens away from the risks arising from the US elections and Brexit.
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