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Results
City Developments reports 34% decline in 3Q earnings to $115 mil on impairment losses, lower revenue
This was partially mitigated by higher revenue contribution from the hotel operations, investment properties and others segments, which saw increases of 4.2%, 28.3% and 6.5% respectively.
November 12, 2019
Results
Genting Singapore posts 24% drop in 3Q earnings to $159 mil on lower gaming revenue
SINGAPORE (Nov 7): Genting Singapore (GENS) reported earnings of $158.9 million for 3Q19 ended September, some 24% lower than $210.4 million a year ago.
November 07, 2019
Results
Wing Tai FY19 earnings down 79% to $46.8 million on lower revenue and contributions from development properties
SINGAPORE (Aug 27): Property group Wing Tai holdings reported FY19 earnings of $46.8 million, down 79% from $225.2 million recorded at the end of FY18.
August 27, 2019
Results
Creative reverses into the red in FY19 on lower sales, absence of settlement from patent lawsuits
SINGAPORE (Aug 22): Creative Technology reversed into the red for FY19 ended June, reporting a net loss of US$3.8 million ($5.3 million), compared to earnings of US$40.4 million in the preceding year.
August 22, 2019
Results
United Engineers posts 25% lower 2Q earnings of $8.3 mil on lower revenue
SINGAPORE (Aug 14): United Engineers reported 2Q19 earnings of $8.3 million, a 25% decline from $11.0 million in the same quarter last year, due primarily to a decline in revenue.
August 14, 2019
Results
Maxi-Cash 2Q19 earnings fall 20% to $2.8 mil on lower revenue, higher depreciation and expenses
SINGAPORE (Aug 8): Maxi-Cash Financial Services reported 2Q19 earnings of $2.8 million, 20% lower than $3.5 million in the same quarter last year.
August 08, 2019