4Q18

Singapore employers report most optimistic hiring outlook since 2015: ManpowerGroup
SINGAPORE (Sept 11): Employers in Singapore continue to report stronger hiring intentions for 4Q18, according to data reported by workforce solutions company ManpowerGroup. Based on findings from the latest ManpowerGroup Employment Outlook Survey, Net Employment Outlook (NEO) was +13% after accounting for seasonal variation. This marks the third consecutive quarters of strengthening hiring ...
AusGroup reports 16.1% rise in 4Q earnings to $2.7 mil
SINGAPORE (Aug 30): AusGroup announced earnings of A$2.7 million ($2.7 million) for the 4Q ended June, up 16.1% from A$2.4 million a year ago on higher revenue and improved gross margin. Revenue for the latest quarter grew 4.5% to A$126.6 million, which the group credits to overall strong performance from the energy and mineral process sectors. Administration, marketing and other costs rose ...
Wing Tai's FY18 earnings surge 11-fold to $218.8 mil on higher property-related gains
SINGAPORE (Aug 28): Wing Tai Holdings announced earnings of $218.8 million for FY18, up nearly 11-fold from its full year earnings of $20.1 million a year ago, due to higher revenue as well as increased share of profits of associated and joint venture (JV) companies. For the 4Q ended June, the group announced earnings of $129.8 million compared to $9.5 million a year ago. Revenue for the ...
Health Management International posts 43% growth in 4Q earnings to $5.1 mil
SINGAPORE (Aug 28): Health Management International (HMI) reported earnings of RM15.2 million ($5.1 million) for the 4Q ended June, up 43% y-o-y from RM10.7 million a year ago on higher revenue and improved margins. For the whole of FY18, earnings trebled to RM60.7 million compared to RM20.6 million in the previous corresponding year. A final dividend of 1 sen has been declared, bringing ...
Pacific Star Development concludes 18M ended June at $8.4 mil after business model restructuring
SINGAPORE (Aug 27): Pacific Star Development, formerly known as LH Group, announced $8.4 million in earnings for the 18 month period ended June 2018 (18M17), up 12% from the 12 months ended June 2016 on higher revenue. This comes after the successful restructuring of its business model to focus on real estate development following a $140 million reverse takeover (RTO). The company last year ...
GuocoLand's 4Q earnings fall 42% to $141 mil on lower revenue & other income
SINGAPORE (Aug 27): GuocoLand announced earnings of $141.2 million for the 4Q ended June, down 42% from $244.8 million a year ago on lower revenue and other income. This brings the property developer’s earnings for FY18 to $381.3 million, which is 7% higher than the $357.2 million posted in FY17. The group has recommended a final dividend of 7 cents per share for FY18, unchanged from a ...
Silverlake posts 5% lower 4Q earnings of $12.1 mil due to lower other income
SINGAPORE (Aug 26): Software services & solutions provider Silverlake Axis reported 4Q18 earnings of RM36.2 million ($12.1 million), down 5% y-o-y from RM38.3 million a year ago due to lower other items of income. The group’s latest 4Q results brings its full year earnings for FY18 to a total of RM134.1 million, representing a more-than sixfold decline from its FY17 earnings of RM863.7 ...
Hiap Seng Engineering sinks into full year losses of $18.9 mil
SINGAPORE (May 31): Hiap Seng Engineering declared larger 4Q losses of $9.8 million from its $1.8 million loss in 4Q17 due to a combination of declining turnover and gross profit margin, higher-than-expected operating costs, and a goodwill impairment from operations in Thailand. The latest quarter’s results concludes FY18 with $18.9 million in losses compared to earnings of $2.5 million a ...
Courts Asia posts 66% lower FY18 earnings of $8 mil on Malaysia headwinds
SINGAPORE (May 30): Courts Asia, the retailer of IT, household electrical and furniture goods, reported earnings of $8.1 million for FY17/18, down 66.1% from its FY17/16 earnings of $23.7 million a year ago on lower gross profit margin and an overall revenue decline due to buisiness headwinds faced in Malaysia. For the latest quarter ended March, the group swing into 4Q losses of $3 ...
Old Chang Kee's FY18 earnings double to $5 mil on improved margins & revenue growth
SINGAPORE (May 30): Old Chang Kee saw FY18 earnings double to $5 million from $2.4 million in FY17 on improved gross margins and revenue. A final dividend of 1.5 cents has been declared for the year. Revenue for FY18 grew 9.1% to $85.5 million from $78.3 million in FY17 on the back of contributions from both new and existing retail outlets, with Old Chang Kee’s signature puff products ...