Gaylin's FY18 loss widens to $51.6 mil on inventory provisioning

SINGAPORE (May 28): Gaylin Holdings, the specialist provider of products, services and solutions to the oil & gas (O&G) and maritime industries, saw 4Q losses widen to $44.4 million from a


Pan Hong's FY18 earnings halved to $5.2 mil on lower revenue & margins

SINGAPORE (May 28): Property developer Pan Hong Holdings reported earnings of RMB24.6 million ($5.2 million) for the FY18 ended March, representing a 60.8% decline from its FY17 earnings of RMB62.7


China Kangda sinks into the red with $3.3 mil full-year loss on higher chicken mortality

SINGAPORE (Mar 29): China Kangda Food Company posted a FY17 loss of RMB15.8 million ($3.3 million) compared to earnings of RMB6.3 million a year ago. 


Tan Chong FY17 earnings more than double to $84 mil on higher margins

SINGAPORE (Mar 27): Tan Chong International, the local distributor of Subaru cars via subsidiary The Motor Image Group, ended FY17 with earnings of HK$501.9 million ($83.7 million), more than doubl


LY Corp posts 17.8% earnings growth to $17.3 mil for FY17

SINGAPORE (Mar 12): Malaysia-based furniture maker LY Corp today posted a full year profit of RM51.2 million ($17.3 million) for FY17, up 17.8% from RM43.5 million in FY16 on higher sales.

Broker's Calls

Dairy Farm downgraded on time required for strategic review to bear fruit

SINGAPORE (Mar 9): CIMB is downgrading its call on Dairy Farm International to “hold” from “add” previously with a lower target price of US$8.40 from US$9.18 after the group’s FY17 core net profit


Dairy Farm's FY17 earnings fall 14% to US$404 mil on business change costs

SINGAPORE (Mar 8): Dairy Farm, a member of the Jardine group, reported a 14% decline in FY17 earnings to US$404 million ($531.7 million) from US$496 million a year ago on the back of business chang

Broker's Calls

Why Wilmar is likely to weather the season of lacklustre CPO prices: OCBC

SINGAPORE (Mar 8): OCBC is highlighting Wilmar International as its top “buy” pick at a fair value estimate of $3.51 for its lower likelihood of being impacted by India’s recent im

Broker's Calls

Can Jadason resolve its manpower issues for a more profitable FY18?

SINGAPORE (Mar 7): CIMB is maintaining its “add” call on Jadason Enterprises with a lower target price of 8 cents from 11 cents previously.

Oceanus granted six-month extension to meet SGX watch list exit criteria

SINGAPORE (Mar 7): Oceanus Group has been granted an extension of six months to exit the Singapore Exchange’s (SGX) watch list.

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