1Q results

Broker's Calls

Propnex still a 'buy' on strong 1Q project marketing activity, solid balance sheet

SINGAPORE (May 19): CGS-CIMB analyst Lock Mun Yee is keeping her “add” call on Propnex but with a lowered target price of 62.5 cents from 69.8 cents previously.

Broker's Calls

Outlook for DBS flat as the bank navigates through Covid-19 crisis

SINGAPORE (May 4): Analysts are keeping a rather neutral stance on DBS Group following the group’s 29% y-o-y drop in 1Q earnings and uncertainties from the Covid-19 outbreak.

Broker's Calls

All smiles from analysts on AEM's record 1Q results

SINGAPORE (Apr 30): Analysts are mostly positive on AEM Holdings following the group announcing its results update on Apr 28.

Results

Sheng Siong posts 48.2% increase in 1Q earnings to $28.7 mil on elevated consumer demand

SINGAPORE (Apr 28): Supermarket operator Sheng Siong Group today announced that its 1Q20 earnings have increased by 48.2% to $28.7 million from $19.4 million in 1Q19.

Broker's Calls

Latest acquisition expected to bring SPH REIT to new heights this year

SINGAPORE (Jan 13): Analysts are keeping their positive stance on SPH REIT following the REIT’s 1Q20 results announcement on Jan 10.

Results

Pan Hong swings back into the black with 1Q earnings of $21 mil

SINGAPORE (Aug 14): China property group Pan Hong Holdings has swung back into the black with earnings of RMB106.4 million ($21 million) in 1Q20, compared to a loss of RMB0.9 million in 1Q19.

Results

Cortina posts 69% increase in 1Q earnings to $8.9 mil on higher sales

SINGAPORE (Aug 14): Cortina Holdings has reported earnings of $8.9 million for 1Q ended June, up 69% from $5.3 million for the same quarter last year.

Results

Metro 1Q earnings down 47.5% to $10.6 mil on higher costs, lower JV contributions

SINGAPORE (Aug 13): Metro Holdings reported 1Q20 earnings almost halved to $10.6 million, compared to $20.2 million in 1Q19.

Results

Boustead Projects 1Q earnings down 53% to $4.7 mil on absence of one-off gains

SINGAPORE (Aug 7): Boustead Projects reported 1Q20 earnings of $4.7 million, 53% lower compared to the $10 million in 1Q19, on absence of one-off gains from sale of 25 Changi North Rise in FY19.

Investing ideas

Ascendas India Trust in sweet spot to ride India's IT, logistics boom

SINGAPORE (Aug 1): Riding on the fast growing IT and logistics industries in India, Ascendas India Trust (a-iTrust) is expecting rentals in Bangalore and Hyderabad’s IT Corridor I to increase over

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