FY17 earnings


Ascendas REIT posts 1.5% increase in 4Q DPU to 3.91 cents

SINGAPORE (Apr 23): The manager of Ascendas REIT (AREIT) has declared a 4Q18 DPU of 3.91 cents, 1.5% higher compared to the 4Q17 DPU of 3.852 cents.


Golden Energy and Resources reports near-trebling of FY17 earnings to US$63 mil

SINGAPORE (Mar 9): Golden Energy and Resources (GEAR) saw its full-year earnings nearly treble to US$63.0 million ($82.9 million) for the FY17 ended December, from US$22.0 million a year ago.


Hongkong Land posts 67% increase in FY17 earnings to US$5.6 bil on fair value of investment properties

SINGAPORE (Mar 8): Hongkong Land Holdings, the property group which is a member of the Jardine group, announced FY17 earnings increased by 67% to US$5.6 billion ($7.37 billion) compared to US$3.35 billion in FY16.

Broker's Calls

Attractive valuations keep China Jinjiang at 'add' despite earnings miss

SINGAPORE (Mar 8): CIMB is reiterating its “add” recommendation on China Jinjiang Environment Holdings (CJE) with a lower target price of 85 cents.

Broker's Calls

Ho Bee's stable recurring income and undervalued luxury properties keep it at 'buy'

SINGAPORE (Mar 5): Phillip Capital is maintaining its “accumulate” call on Ho Bee Land with a target price of $2.98.

Aviation & Engineering

Shanghai Pudong to drive China Aviation Oil's earnings growth

SINGAPORE (Mar 2): Phillip Capital is reiterating its “buy” recommendation on China Aviation Oil (CAO) with a target price of $2.00.

Broker's Calls

SAC's rating on Advancer Global unchanged before meeting with management

SINGAPORE (Mar 2): SAC Advisors is keeping its “buy” rating on Advancer Global with a target price of 36 cents.

Broker's Calls

Record FY17 for Singapore Medical Group with FY18 expected to be stronger

SINGAPORE (Mar 2): RHB is maintaining its “buy” call on Singapore Medical Group (SMG) with a target price of 68 cents, as the group’s turnaround is further validated by organic and inorganic growth.


Top Global swings out of the red in 4Q on revenue surge

SINGAPORE (Mar 2): Top Global reversed out of the red with earnings of $1.4 million in the 4Q ended December, compared to losses of $11.3 million in the corresponding quarter last year.


Huationg sees near-doubling of FY17 earnings to $7.9 mil on higher revenue

SINGAPORE (Mar 2): Huationg Global recorded full-year earnings of $7.9 million for the FY17 ended December, surging 94% from $4.1 million a year ago.