United Global

SINGAPORE (Aug 13): United Global reported earnings of US$0.9 million ($1.24 million) for the 2Q ended June, halving from its 2Q17 earnings of US$2 million on higher administrative expenses.

SINGAPORE (May 23): China-focused materials stocks China Sunsine Chemical Holdings and Delong Holdings are leading the way, as the sector generated a market capitalisation-weighted total return of 32.9% year-to-date in 2018.

SINGAPORE (Mar 1): SAC Advisors is keeping its “buy” call on United Global with an unchanged target price of 50 cents after yet another earning beat from the lubricant manufacturer and trader.

SINGAPORE (Feb 28): Lubricant manufacturer and trader United Global saw its full-year earnings rise 62.5% to US$9.2 million ($12.1 million) for the FY17 ended December, from US$5.6 million a year ago.

SINGAPORE (Oct 17): SAC Advisors is maintaining its “buy” call on United Global (UTG) with a higher target price of 50 cents from 37 cents previously given the group’s “stellar” 1H17 results.

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SINGAPORE (Aug 16): United Global, the lubricant manufacturer and trader, announced that 1H17 earnings increased 33.7% to US$3.64 million ($4.97 million) from US$2.72 million in 1H16.

SINGAPORE (Aug 10): United Global posts earnings of US$3.6 million ($4.9 million) for the 1H ended June, up 33.7% from earnings of US$2.7 million a year ago.

SINGAPORE (Jan 16): United Global says on Monday that its wholly owned subsidiary United Oil Company has signed a joint operation agreement with Lighthouse Enterprise, a lubricant distributor in Myanmar and the unit’s major customer.

SINGAPORE (Dec 5): United Oil Company, a subsidiary of United Global Limited, has entered a shareholders agreement with Jin Wei Chuang, the group’s existing distributor in Taiwan, to incorporate a joint venture (JV) company in Taiwan.