Frasers Commercial Trust posts 4.4% lower 1Q DPU of 2.4 cents on lower income from properties

SINGAPORE (Jan 23): The manager of Frasers Commercial Trust (FCOT) has declared a distribution per unit (DPU) of 2.4 cents for 1Q18, a 4.4% decline from 2.51 cents in the preceding year on lower re


QT Vascular’s 1Q losses narrow to $11.2 mil on lower cost of sales

SINGAPORE (June 8): QT Vascular reported losses of US$8.1 million ($11.2 million) for the 1Q ended March. This was a 2.6% improvement from the losses of US$8.35 million suffered a year ago.

Singapore economy in 1Q grew by 2.7% on year; FY growth forecast maintained at 1-3%

SINGAPORE (May 25): The Ministry of Trade and Industry (MTI) announced today that it has maintained the GDP growth forecast for 2017 at “1.0 to 3.0%”, with growth likely to come in higher than 2.0%

Broker's Calls

CNMC Goldmine no longer a golden ‘buy’; DBS suspends coverage

SINGAPORE (May 19): DBS Vickers Securities is downgrading its call on CNMC Goldmine Holdings to “hold” from “buy” with a lower target price of 31 cents from 60 cents previously, while also suspendi

Broker's Calls

Spackman to be the sleeper hit of financial reporting seasons ahead

SINGAPORE (May 16): RHB is maintaining its “buy” call on Spackman Entertainment Group with a target price of 27 cents, while noting that the stock is currently trading at a much lower valuation ver


China Jinjiang Environment reports 6.8% earnings growth to $25.8 mil in 1Q

SINGAPORE (May 16): China Jinjiang Environment reported 1Q earnings at RMB127.4 million ($25.8 million), 6.8% higher than a year ago on better margins.


Straits Trading reports 2.7% decline in 1Q earnings to $21.9 mil on lower revenue

SINGAPORE (May 15): Straits Trading Company, the group with stakes in real estate, hospitality resources and investments in Asia Pacific, has announced $21.9 million in earnings for the first quart


ZICO back in the black with 1Q earnings of $0.6 mil on higher revenue

SINGAPORE (May 15): ZICO Holdings, the integrated network of professional service firms, announced 1Q17 earnings of RM1.8 million ($0.6 million), reversing from the RM2.7 million loss it reported a


Golden Energy and Resources 1Q earnings increase over 11-fold to $26.5 mil on revenue surge

SINGAPORE (May 15): Golden Energy and Resources (GEAR), the coal mining and trading company, posted 1Q earnings of US$19 million ($26.5 million), up more than 11 times from its earnings of US$1.7 m


Bumitama 1Q earnings rise 21.4% to $29.3 mil on higher revenue

SINGAPORE (May 15): Bumitama Agri reported 1Q earnings of IDR 278.4 billion ($29.3 million), 21.4% higher than the same quarter a year ago.

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