earnings

Results

Raffles Medical posts 14.1% drop in FY2019 earnings, but looks for novel measures to cope with Covid-19

SINGAPORE (Feb 24): Raffles Medical Group has posted a 14.1% drop in earnings to $58.1 million for FY2019 ended 31 December, from $67.7 million a year ago due to the start-up costs it incurred from

Results

Strong 4Q showing drives OCBC's FY19 earnings to record high of $4.87 bil; proposes 22% higher final dividend of 28 cents per share

SINGAPORE (Feb 21): Oversea-Chinese Banking Corporation (OCBC) posted a 34% y-o-y jump in core earnings to $1.24 billion in 4QFY2019 ended December, from $926 million a year ago.

Results

UOB posts record high earnings of $4.34 bil in FY19 despite slowing q-o-q in fourth quarter

SINGAPORE (Feb 21): United Overseas Bank (UOB) saw a 10% y-o-y rise in net earnings to $1.01 billion in 4QFY2019 ended December, from $916 million in the corresponding quarter last year.

Results

Sheng Siong posts 7% rise in FY19 earnings to $75.7 mil despite 4Q dip

SINGAPORE (Feb 20): Supermarket chain Sheng Siong Group reported full-year earnings of $75.7 million for FY2019 ended December, some 7.0% higher than FY2018 earnings of $70.8 million.

Results

OUE Lippo Healthcare climbs out of the red with FY19 earnings of $3.4 million on reversal of provision for legal cost

SINGAPORE (Feb 19): OUE Lippo Healthcare climbed out of the red with full-year earnings of $3.4 million for FY2019 ended December, compare to losses of $9.3 million a year ago.

Investing ideas

Analysts see better year ahead as Bumitama Agri misses FY19 estimates

SINGAPORE (Feb 19): Analysts are keeping their “buy” recommendations on Bumitama Agri (BAL), despite the Indonesian-based oil palm plantation operator missing consensus earnings estimates by a long

Results

Eagle Hospitality Trust misses IPO forecast by 24.4% with 4Q DPS of 1.179 US cents

SINGAPORE (Feb 17): The managers of Eagle Hospitality Trust (EHT) has announced distribution per stapled security (DPS) of 1.179 US cents for 4QFY2019 ended December, falling a whopping 24.4% short

Results

TalkMed posts 20.7% rise in earnings to $11.6 mil on higher revenue

SINGAPORE (Feb 17): Medical oncology and stem cell services provider TalkMed Group saw its earnings jump 20.7% to $11.6 million for 4QFY2019 ended December, from $9.6 million a year ago.

Results

ThaiBev posts 14% rise in 1Q earnings on higher revenue

SINGAPORE (Feb 14): Thai Beverage (ThaiBev) has achieved a positive set of results for the first quarter ended Dec 31, 2019, following changes in accounting rules and a reshuffling of some its beve

Results

ComfortDelGro posts 12.6% drop in FY19 earnings to $265.1 mil as taxi business continues to slide

SINGAPORE (Feb 14): Land transport operator ComfortDelGro Corporation saw its earnings fall 12.6% to $265.1 million for FY2019 ended December, from $303.3 million a year ago.

Be informed of the stories that matter