Income

Results

Wing Tai posts near-trebling of FY17 earnings to $20.1 mil

SINGAPORE (Aug 24): Property group Wing Tai Holdings has announced earnings of $20.1 million for the FY17 ended June, nearly triple from its earnings of $7.1 million in FY16 on lower distribution expenses and increased share of profits of associated and j

Broker's Calls

Earnings to remain unexciting for Sembcorp: RHB

SINGAPORE (Aug 4): RHB is maintaining its “neutral” rating on Sembcorp Industries with an unchanged $3.20 price target after the group on Thursday posted a 36% decline in 2Q earnings to $55.3 million.

Results

Sembcorp reports 36% decline in 2Q earnings to $55.3 mil

SINGAPORE (Aug 3): Sembcorp Industries posted earnings of $55.3 million for the 2Q ended June, down 36.1% from $86.5 million a year ago despite achieving higher turnover.

Are Singapore’s millennials overly optimistic about their future?

SINGAPORE (March 2): Eight out of 10 millennial investors in Singapore are optimistic about their retirement prospects on the belief they will be able to maintain, if not improve, their current lifestyle after they retire.

Singapore registers lowest labour force growth in 2016 in over a decade as layoffs continue to rise

SINGAPORE (Jan 26): Preliminary estimates from the Ministry of Manpower’s (MOM’s) latest Labour Market Advance Release have indicated that 2016 was once again a year of increased layoffs and redundancies among Singapore’s residents and citizens as t
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