1Q results

A feeble start to the year for StarHub: RHB - THE EDGE SINGAPORE

Broker's Calls

A feeble start to the year for StarHub: RHB

RHB Group Research is staying "neutral" on StarHub with an unchanged target price of $1.38, following the group's latest 1QFY2021 business update, which saw earnings drop by 24.0% y-o-y to $30.5 mi

StarHub posts 24% drop in 1Q earnings to $30.5 mil - THE EDGE SINGAPORE

Results

StarHub posts 24% drop in 1Q earnings to $30.5 mil

In StarHub's latest business update, the telco company announced that its 1QFY2021 earnings have dropped by 24.0% y-o-y to $30.5 million from $40.2 million.

Japfa a 'buy' as it spreads its eggs in several baskets - THE EDGE SINGAPORE

Broker's Calls

Japfa a 'buy' as it spreads its eggs in several baskets

Analysts are upbeat on Japfa following its 1QFY2021 ended March results, which saw a 37% y-o-y increase in earnings to US$35.5 million, due to growth across all segments.

iFAST starts 2021 with record earnings of $8.8 mil and AUA of $16.11 bil - THE EDGE SINGAPORE

Results

iFAST starts 2021 with record earnings of $8.8 mil and AUA of $16.11 bil

iFAST Corporation has reported record earnings of $8.8 million in the 1QFY2021 ended March, representing a 142.5% surge y-o-y compared to earnings of $3.6 million in the 1QFY2020.

ThaiBev reports 1% higher earnings of $375.2 mil in 1Q21 due to higher sales in spirits, beer and non-alcoholic beverages - THE EDGE SINGAPORE

Results

ThaiBev reports 1% higher earnings of $375.2 mil in 1Q21 due to higher sales in spirits, beer and non-alcoholic beverages

Thai Beverage has reported 1% higher earnings of 8.47 billion baht ($375.2 million) for the 1QFY2021 ended December, from earnings of 8.42 billion baht a year ago.

BRC Asia reports 24% lower 1Q21 earnings of $9.6 mil after provisions of $13.2 mil - THE EDGE SINGAPORE

Results

BRC Asia reports 24% lower 1Q21 earnings of $9.6 mil after provisions of $13.2 mil

Mainboard-listed BRC Asia, the provider of steel reinforcement solutions, has reported earnings of $9.6 million for the 1QFY2021 ended December, 24% lower than earnings of $12.7 million a year ago.

Broker's Calls

Analysts sing the same tune for Singtel following soft 1Q results

Analysts are overall bullish on Singtel despite the telco reporting a 24% y-o-y decline in earnings before interest, taxes, depreciation, and amortisation (EBITDA) to $897 million in its latest 1Q2

Broker's Calls

Pick up the call on Singtel

Although things are looking rather gloomy for Singtel, CGS-CIMB is keeping its “buy” call on the stock with an unchanged target price of $3.40.

Broker's Calls

Analysts optimistic on MLT on resilient 1Q results, positive outlook

SINGAPORE (July 22): Analysts are bullish on Mapletree Logistics Trust (MLT) after it announced a rather positive 1QFY20/21 results on Monday with DPU increasing by 1.0% y-o-y to 2.045 cents,

Broker's Calls

'Hold' MLT as it remains resilient and is key beneficiary of e-commerce growth

SINGAPORE (July 21): OCBC Investment Research has a “hold” call on Mapletree Logistics Trust (MLT) with a higher fair value estimate of $2.07 from $1.79 previously.

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