1H2020 earnings

Broker's Calls

UMS gets the go ahead from DBS given positive outlook on semiconductor sector

The positive outlook on the semiconductor industry has pushed DBS Research Group to maintain its ‘buy’ call on UMS Holdings at a revised target price of $1.37.

Results

Covid-infection drags Banyan Tree's 1H20 losses deeper into the red

Resort-developer Banyan Tree Holdings sank deeper into the red with losses off $49.1 million in 1H2020 ended June, from the $2.6 million in losses a year ago.

Results

Haw Par's roar muffles with a 19.1% drop in earnings to $91.0 mil in 1H2020

Earnings of Tiger Balm maker Haw Par Corporation dropped 19.1% to $91.0 million in 1H2020 ended June, from $112.5 million a year ago, due to the lockdowns and travel restrictions imposed

Results

Centurion reels from Covid-19 as earnings dip 10% from costs to manage infection spread

Earnings of Mainboard-listed dormitory operator Centurion Corporation slipped 10% to $9.1 million in 2Q2020 ended June 30, from the $10.2 million posted a year ago.

Results

Asian Pay TV's 2Q20 net profit plunges 32.1% to $4.82 mil; declares DPU of 0.25 cents

Television services provider Asian Pay TV Trust (APTT) declared a distribution per unit (DPU) of 0.25 cents for 2Q20 ended June due to the larger number of units following the completion

Broker's Calls

Riverstone to record 'stronger sequential earnings' in 3Q2020: CGS-CIMB

CGS-CIMB Securities’ liking for Riverstone Holdings has heightened since its earnings announcement for 1H2020 ended June 30.

Broker's Calls

Riverstone raises interim dividend to 4 sens after 119.3% surge in 1H2020 earnings

Earnings of Riverstone Holdings soared 119.3% to RM137.5 million ($27.1 million) in 1H2020 ended June, from RM62.7 million a year ago, thanks to heightened demand for personal protective gear durin

Investing ideas

It's a buy for Ascott Residences Trust, despite the lower earnings for 1H2020

Analysts remain optimistic on Ascott Residence Trust (ART), in spite of its “weaker-than-expected” performance for 1H2020 ended June 30.

Investing ideas

Analysts remain cautious on Raffles Medical as it remains infectious from Covid-19

Analysts are maintaining a cautious stance on Raffles Medical Group following the announcement of its 1H2020 results on July 27.

Results

Raffles Medical posts 38.2% drop in 1H2020 earnings, but expects to "remain profitable" this year

Earnings of healthcare provider Raffles Medical Group plunged 38.2% to $17.2 million for 1H2020 ended June, from $27.9 million a year ago, following the deferment of elective surgeries and a dip in

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