3Q losses


SLB sinks into the red with 3Q losses of $3.5 mil on lower revenue

SINGAPORE (Apr 12): SLB Development, the development spin-off from Lian Beng Group, today announced that it has made a loss of $3.5 million in 3Q19, compared to earnings of $1.9 million in 3Q18.


SunMoon sinks deeper into the red as 3Q losses widened by 58% to $1.85 mil

SINGAPORE (Feb 14): SunMoon Food Company announced that its 3Q19 losses have widened 58% to $1.85 million, compared to $1.29 million in 3Q18.


SembMarine sinks into $30 mil loss in 3Q on continued low overall business volume

SINGAPORE (Oct 25): Sembcorp Marine has reported a loss of $29.8 million in 3Q18, compared to earnings of $101 million in 3Q17 after restating for accounting changes on adoption of SFRS (I).


Ellipsiz sinks into the red in 3Q on higher expenses

SINGAPORE (May 8): Ellipsiz reported a loss of $1.50 million in 3Q18, compared to earnings of $2.25 million in 3Q17.


Sea's 3Q losses widen to US$133 mil on higher costs and expenses

SINGAPORE (Nov 22): Sea, the Singapore-based online entertainment and gaming firm formerly known as Garena, announced 3Q17 ended Selosses doubled to US$132.7 million ($179.8 million) from a loss of US$65.6 million in 3Q16.

Broker's Calls

Mermaid Maritime kept at 'reduce' as Seadrill mulls decision

SINGAPORE (Nov 16): CIMB is maintaining its “reduce” call on Mermaid Maritime with a target price of 14 cents, as the group’s 3Q17 results were largely below expectations.


Mermaid Maritime sinks into the red; posts 3Q losses of $2.8 mil

SINGAPORE (Nov 13): Mermaid Maritime recorded a loss in 3Q17 of US$2.04 million ($2.77 million), compared to earnings of US$7.49 million in 3Q16.


Sing Holdings sinks into the red, posts 3Q losses of $1.1 mil on disposal of subsidiary

SINGAPORE (Nov 9): Sing Holdings announced losses of $1.10 million in 3Q17 compared to earnings of $1.34 million in 3Q16.


Sri Trang Agro-Industry swings to 3Q loss of $3.6 mil

SINGAPORE (Nov 16): Sri Trang Agro-Industry, the natural rubber producer, swung to 3Q losses of THB 90.8 million ($3.6 million) from earnings of THB 349.8 million a year ago.