Covid-19 pandemic

Venture Corp reports 8.1% lower 2H20 earnings of $166.8 mil, proposes final dividend of 50 cents per share - THE EDGE SINGAPORE

Results

Venture Corp reports 8.1% lower 2H20 earnings of $166.8 mil, proposes final dividend of 50 cents per share

Venture Corporation Limited has reported 8.1% lower earnings of $166.8 million for the 2HFY2020 ended December from earnings of $181.5 million a year ago.

Singapore's manufacturing sector records 8.6% growth in first month of 2021 - THE EDGE SINGAPORE

Singapore economy

Singapore's manufacturing sector records 8.6% growth in first month of 2021

Singapore’s manufacturing sector began 2021 with a bang, with output expanding by 8.6% y-o-y in the first month of the year, following broad based expansions across most segments save biomedical ma

Why 2021 will be a major test for consumers and banking sector - THE EDGE SINGAPORE

Disruption and Digitalisation

Why 2021 will be a major test for consumers and banking sector

As we move further into 2021, the issues of health, resilience and livelihood will continue to prey on the minds of many people.

UIC sees 85% plunge in FY20 earnings of $90.2 mill due to lower revenue, fair value losses - THE EDGE SINGAPORE

Results

UIC sees 85% plunge in FY20 earnings of $90.2 mill due to lower revenue, fair value losses

United Industrial Corporation (UIC) saw a 85% plunge in its earnings for the FY2020 ended December to $90.2 million, from $605.1 million a year ago.

CSE Global reports FY2020 earnings of $28 mil, up 16.4% - THE EDGE SINGAPORE

Results

CSE Global reports FY2020 earnings of $28 mil, up 16.4%

Engineering firm CSE Global has reported revenue of $502.8 million for FY2020, up 11.3% over FY2019. Thanks to better margins, the company’s earnings increased by 16.4% y-o-y to $28 million.

Sembcorp Marine posts $582.5 mil loss for FY20 including $162 mil asset impairments and provisions in 4Q - THE EDGE SINGAPORE

Results

Sembcorp Marine posts $582.5 mil loss for FY20 including $162 mil asset impairments and provisions in 4Q

Sembcorp Marine (SembMarine) has reported a higher net loss of $582.5 million for the FY2020 ended December, compared to the net loss of $137.2 million in the FY2019, due to lower overall revenue a

Megachem reports 32% jump in FY2020 earnings - THE EDGE SINGAPORE

Results

Megachem reports 32% jump in FY2020 earnings

Chemicals company Megachem has reported revenue of $105.2 million for the year ended Dec 31 2020, down 7.5% from the preceding year, as demand for certain products fell amid the pandemic.

GLP raises US$658 mil in green financing led by ING - THE EDGE SINGAPORE

Green loans

GLP raises US$658 mil in green financing led by ING

Logistics player GLP has issued its first sustainability-linked loan of US$658 million, touted as the largest SLL in the Asia Pacific ex-Japan real estate sector.

Penguin's core shipbuilding and crewboat chartering businesses 'negatively' affected by Covid-19, reports 15.9% lower 2H20 earnings of $9.3 mil - THE EDGE SINGAPORE

Results

Penguin's core shipbuilding and crewboat chartering businesses 'negatively' affected by Covid-19, reports 15.9% lower 2H20 earnings of $9.3 mil

Penguin has reported earnings of $9.3 million for the 2HFY2020 ended December, 15.9% lower than earnings of $11.0 million the year before.

Civmec reports 86.6% higher 1H21 earnings of A$15.0 mil on overall growth, declares first interim dividend - THE EDGE SINGAPORE

Results

Civmec reports 86.6% higher 1H21 earnings of A$15.0 mil on overall growth, declares first interim dividend

Civmec has posted earnings of A$15.0 million ($15.4 million) for the 1HFY2021 ended December, 86.6% higher than earnings of A$8.1 million in the year before.

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