Home Capital Broker's Calls

UOL kept at ‘buy’ by OCBC on strong 2Q results

Samantha Chiew
Samantha Chiew8/8/2017 04:11 PM GMT+08  • 2 min read
UOL kept at ‘buy’ by OCBC on strong 2Q results
SINGAPORE (Aug 8): OCBC is maintaining its “buy” call on UOL Group with an estimate fair value of $9.01 following its strong 2Q17 results.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Aug 8): OCBC is maintaining its “buy” call on UOL Group with an estimate fair value of $9.01 following its strong 2Q17 results.

The group reported a 59% y-o-y increase in its profit after tax and minority interests (PATMI) to $109.4 million, mainly due to higher recognition from Principal Garden, higher share of profits from associated companies and fair value gains on investment properties.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.