1H results

Mandarin Oriental's 1H earnings up 49% to $30.3 mil
SINGAPORE (July 26): Mandarin Oriental International, a member of the Jardine Matheson Group, announced 1H18 earnings rose by 49% to US$22.3 million ($30.3 million) from US$15.0 million in 1H17. Revenue for the six months ended June was US$307.9 million, 7.4% higher than $286.7 million recorded in the previous year. Hotel performance was higher in 1H18 due to improved performances across ...
Asian Healthcare Specialists sees 1H earnings surge nine-fold to $1.4 mil
SINGAPORE (June 5): Asian Healthcare Specialists saw its earnings surge more than nine-fold to $1.4 million for the 1H ended March, from $0.2 million a year ago. This was mainly attributable to a steep drop in expenses from purchased and contracted services, which fell 98.3% to $64,000 during the half-year period, from $3.7 million a year ago. The decrease was due to termination of the ...
Nam Lee Pressed Metal posts 2.8% rise in 1H earnings to $5.54 mil
SINGAPORE (May 4): Nam Lee Pressed Metal Industries announced a 2.8% rise in 1H18 earnings to $5.54 million from $5.42 million in 1H17. Revenue for the six months ended March came in at $85.8 million, 27.6% higher than $67.2 million in the previous year, mainly due to an increase in revenue from the aluminium segment. Similarly, cost of sales increased 29% y-o-y to $70.3 million, bringing ...
A bigger hong bao for Avi-Tech this season
SINGAPORE (Feb 19): Avi-Tech Electronics on Feb 13 announced that its 2Q18 earnings fell 6.7% to $1.67 million, but 1H18 earnings was $3.38 million, 3.8% higher than $3.26 million a year ago. 2Q18 revenue increased by 8.1% to $9.41 million, mainly contributed by the Burn-In Services business segment and the Manufacturing and PCBA Services business segment, which brought gross profit for the ...
Imperium Crown in the red; posts 1H losses of $14.8 mil on lower revenue and higher operating expenses
SINGAPORE (Feb 9): Imperium Crown, the property investment and property development group, recorded a loss of $14.8 million in 1H18 compared to earnings of $0.65 million in 1H17. Revenue dropped 66.8% to $0.83 million from $2.49 million last year, due to lower revenue contribution following the divestment of four of the group’s properties in Japan. Property operating expenses was 0.7% ...
Lian Beng posts 33.7% drop in 1H earnings to $12.2 mil on lower sales
SINGAPORE (Jan 12): Lian Beng Group, the civil engineering firm and property developer, reported 1H18 earnings dropped 33.7% to $12.2 million compared to $18.4 million in 1H17. The group’s revenue for the first half ended November declined by 27% to $87.6 million from $120 million a year ago, mainly due to the decrease in revenue generated from the construction segment. Similarly, cost of ...
Yinda Infocomm sinks deeper with half-year losses of $1.4 mil
SINGAPORE (Jan 11): Yinda Infocomm, formerly known as CMC Infocomm, saw its losses widen to $1.4 million for the half year ended Nov 2017, from losses of $0.4 million a year ago. Revenue fell 17.9% to $6.4 million in 1H18, from $7.7 million in 1H17. This was mainly due to lower revenue contribution from In-Building Construction (IBC) projects in Singapore and the Philippines. Gross ...
HC Surgical Specialists' 1H earnings surge to $2.5 mil on newly acquired subsidiaries
SINGAPORE (Jan 9): Medical services group HC Surgical Specialists saw its earnings surge to $2.5 million for the 1H2018 ended November, from $0.1 million a year ago. Excluding one-off items incurred in 1H2017, including IPO expenses, interest on redeemable convertible loan and fair value gain on derivative financial instruments, HCSS would have seen earnings of $1.5 million a year ago. The ...
Accordia Golf Trust posts 1H DPU drops 32.7% to 1.65 cents
SINGAPORE (Nov 13): The trustee-manager of Accordia Golf Trust has declared a 1H17/18 DPU of 1.65 cents compared to 2.45 cents in 1H16/17. Operating income for the half came in at JPY 28.0 billion ($335.4 million), 2% more than JPY 27.4 billion. The performance of the golf course was slightly better than previous year mainly due to the better weather. Revenue was 1.5% higher at JPY 27.6 ...
Samurai 2K Aerosol's 1H earnings quadruple to $2.1 mil
SINGAPORE (Nov 10): Samurai 2K Aerosol saw its earnings quadruple to MYR 6.4 million ($2.1 million) for the half-year ended September, from MYR 1.5 million a year ago. Revenue doubled to MYR 34.5 million in 1H18, from MYR 17.1 million a year ago. This was on the back of higher revenue due to higher sales volume from its standard paint and premium segments, which grew 105.9% and 111.3%, ...