Singapore economy

Singapore consumer confidence index climbs to 94 pts in 3Q17, says Nielsen

SINGAPORE (Dec 21): Singapore’s 3Q17 consumer confidence index climbed to 94 points, up 5 points from last quarter’s 89, according data analytics firm Nielsen.

Broker's Calls

Robust balance sheet & occupancy rates keep Wheelock Properties at 'buy'

SINGAPORE (Nov 24): OCBC Investment Research is maintaining its “buy” call on Wheelock Properties with an unchanged fair value estimate of $2.27, given the stock is attractively priced at 0.74 times FY16 book.


TPV Technology sinks into the red in 3Q

SINGAPORE (Nov 24): TPV Technology announced a loss of US$19.6 million ($26.4 million) for the 3Q17 ended Sept compared to profits of US$18.6 million in 3Q16.


Poh Tiong Choon's 3Q earnings dip 3% to $2.7 mil on higher expenses

SINGAPORE (Nov 14): Poh Tiong Choon Logistics announced earnings of $2.7 million for the third quarter ended Sept, down 3% from $2.8 million a year ago due to higher total expenses.


Fu Yu Corp posts 56% lower 3Q earnings but still declares second interim dividend of 0.25 cent

SINGAPORE (Nov 14): Fu Yu Corporation reported a 55.9% decline in 3Q17 earnings to $0.8 million compared to earnings of $1.8 million in the same period a year ago, due to higher operating expenses and a loss of joint venture.


Straco posts 6.1% lower 3Q earnings of $21.3 mil

SINGAPORE (Nov 14): Straco Corporation announced earnings of $21.3 million for 3Q17, representing a 6.1% decline from its 3Q16 earnings of $22.7 million a year ago, on lower revenue and higher expenses.


Amara posts 20% lower 3Q earnings of $3.2 mil on higher costs

SINGAPORE (Nov 13): Amara Holdings reported a 20% decline in 3Q17 earnings to $3.2 million from $4 million in the same period a year ago, on higher costs incurred over the quarter ended Sept.


Sapphire posts 3Q earnings of $3.6 mil; directors to step down for board renewal in share-swap deal

SINGAPORE (Nov 13): Sapphire Corporation, the railway infrastructure engineering firm, has announced earnings of RMB17.6 million ($3.6 million) for the 3Q ended Sept, a 31.1% improvement from RMB13.4 million a year ago on higher revenue.


CWG's 3Q losses narrow to $5 mil on higher revenue

SINGAPORE (Nov 13): Property developer CWG International saw 3Q losses narrow to RMB25 million ($5 million) from RMB53.3 million a year ago on a surge in revenue over the quarter.