KSH Holdings 2Q earnings halve to $4.1 mil on lower revenue

SINGAPORE (Nov 10): Construction and property group KSH Holdings earnings of $4.1 million for 2Q18, down nearly half from its $8 million in earnings a year ago on lower revenue.


Neo Group sinks into the red in 2Q on absence of one-off gain

SINGAPORE (Nov 10): Neo Group reported a loss of $0.5 million for 2Q17/18 compared to earnings of $3 million a year ago in 2Q16/17.


SATS posts 16.3% rise in 2Q earnings to $72.2 mil on higher overseas contributions

SINGAPORE (Nov 9): Gateway solutions provider SATS has announced $72.2 million in earnings for 2QFY17-18, up 16.3% from $62.1 million in the same period a year ago on higher overseas contributions and a one-off gain.


SingHaiyi sees 2Q earnings rise 59% to $6.2 mil on sales recognition from The Vales

SINGAPORE (Nov 7): Property group SingHaiyi saw 2Q18 earnings ended Sept rise 58.8% to $6.2 million from $3.9 million a year ago on higher revenue.

Broker's Calls

Buy S-REITs on dips as valuations remain stretched, advises OCBC

SINGAPORE (Aug 22): OCBC Investment Research is maintaining “neutral” on Singapore REITs (S-REITs) after all 24 REITs under its coverage reported 2Q17 results that came in line with its expectations, with overall distribution per unit (DPU) growth com


Nordic Group posts 22% increase in 2Q earnings to $3.7 mil

SINGAPORE (Aug 22): Nordic Group saw earnings increase 22% to $3.72 million in 2Q17 from $3.06 million in 2Q16.

Broker's Calls

3 strategic stock picks to usher in the new economy

SINGAPORE (Aug 21): CIMB has highlighted  CapitaLand, Wilmar International and Sembcorp Industries (SCI) among its top “add” picks while noting that Singapore’s corporates are now increasingly being disrupted by asset-light, lower-cost new economy

Broker's Calls

17 hot stock picks following a season of strong 2Q gains

SINGAPORE (Aug 17): UOB Kay Hian has upgraded its FTSE Straits Times Index (FSSTI) target forecasts up to 3,410 from 3,250 previously on “pockets of solid outperformances”  in the 2Q17 financial reporting season, which concluded this week.  

Broker's Calls

After a strong quarter, Midas is set to go full speed ahead in 2H

SINGAPORE (Aug 16): DBS Vickers Securities is maintaining its “buy” recommendation on Midas Holdings, the manufacturer of aluminium alloy extrusion products for railways in China, with an unchanged target price of 36 cents.

YuuZoo changes revenue recognition policy; reports 17% lower 2Q revenue

SINGAPORE (Aug 16): YuuZoo Corporation posted 2Q17 net profit of $8.4 million, compared to a net loss of $1.4 million in 2Q16 a year ago.