Feb 23

Analysts remain cautious on Sembcorp Marine following deepening net losses in FY20 - THE EDGE SINGAPORE

Broker's Calls

Analysts remain cautious on Sembcorp Marine following deepening net losses in FY20

Analysts from CGS-CIMB Research and OCBC Investment Research (OIR) have continued to maintain “hold” on Sembcorp Marine (SembMarine) after the group revealed that it feel deeper into the red for th

PropNex FY2020 earnings up 47.8% to $31.2 million - THE EDGE SINGAPORE

Results

PropNex FY2020 earnings up 47.8% to $31.2 million

PropNex, Singapore’s largest listed real estate agency, has reported earnings of $31.2 million for FY2020, up 47.8% y-o-y.

Koufu Group reports 64.3% drop in FY2020 earnings - THE EDGE SINGAPORE

Results

Koufu Group reports 64.3% drop in FY2020 earnings

Foodcourt operator Koufu Group has reported revenue of $192.4 million for FY2020 ended Dec 2020, down 19% from the preceding year, as circuit breaker measures earlier in the year hurt overall sales

APAC Realty reports FY2020 earnings of $16.3 mil, up 17.8% - THE EDGE SINGAPORE

Results

APAC Realty reports FY2020 earnings of $16.3 mil, up 17.8%

APAC Realty, which owns the ERA property agency here, has reported earnings of $16.3 million for the financial year ended Dec 31 2020, up 17.8% over the preceding FY2019.

EC World REIT reports lower 4QFY2020 DPU of 1.427 cents  - THE EDGE SINGAPORE

Results

EC World REIT reports lower 4QFY2020 DPU of 1.427 cents

EC World REIT has reported lower distribution to unitholders as it held back 10% of the income amid the wider economic uncertainty. 

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