1H results

Broker's Calls

Koufu reserved its seat for recovery in 2H; Deli Asia to bring in the dough

Analysts still have a strong appetite for food court operator Koufu despite its latest lacklustre 1H20 results and expect it to bounce back up from its less-than-stellar performance.

Results

Mewah International's 1H earnings surge to US$27.8 mil on higher margins

Agri-business group Mewah International announced that its 1H20 earnings came in at US$27.8 million ($38.2 million), a significant surge from just US$2.8 million in 1H19.

Broker's Calls

Weak outlook ahead keeps APAC Realty at 'hold': DBS

DBS Group Research continues to rate APAC Realty “hold” with a target price of 40 cents, slightly lower than 41 cents previously.

Broker's Calls

Bright outlook for Food Empire as countries start to wake up and smell the coffee

RHB Group Research is keeping its “buy” call on Food Empire with a target price of 75 cents as the stock turned out to be more resilient than expected amid the Covid-19 pandemic.

Results

PropNex embraces digitalisation, reports 160% surge in 1H earnings to $14.8 mil

The Covid-19 pandemic may have brought about strict social distancing measures, especially during the circuit breaker, but that has not deterred real estate agency PropNex from marketing and sellin

Results

Teckwah's 1H earnings up 16.2% despite revenue decline owing to Covid-19

Teckwah Industrial Corp has recorded earnings of $5.3 million in the six months ended June 30, up 16.2% y-o-y, from $4.5 million.

Results

Koufu posts 82% decline in 1H earnings to $2.5 mil; interim dividend cut by half

Koufu saw a large chunk of its 1H20 earnings bitten off due to the impact of the Covid-19 outbreak. Earnings came in at $2.5 million, some 82.0% lower than $14.1 million recorded in 1H19.

Results

ISDN beats expectations with 72.5% growth in 1H earnings to $9.6 mil; share price hits 52-week high

Shares in ISDN Holdings surged some 8.22% today to close at 40 cents, just before the group announced a 72.5% increase in its 1H20 earnings to $9.6 million from $5.2 million in 1H19, which surpasse

Results

Yeo Hiap Seng records 1H loss of $6.7 mil on pandemic-related disruptions, absence of one-off gain

Food and beverage manufacturer and distributor Yeo Hiap Seng reported a loss of $6.7 million for 1H20 ended June. This is a stark comparison from its earnings of $14.6 million in 1H19.

Results

Hotel Royal sinks into the red in 1H with loss of $3 mil

Hotel owner and operator Hotel Royal has been hit hard by travel restrictions as a result of the Covid-19 pandemic.

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