FY18

Ace Achieve Infocom reports 75% lower FY18 earnings of $0.9 mil on lower revenue
SINGAPORE (Dec 6): Ace Achieve Infocom reported earnings of RMB4.5 million ($0.9 million) for FY18, down 75% from its FY17 earnings of RMB17.9 million due to lower revenue and margins. Revenue for the full year fell 33.2% to RMB184.8 million from RMB276.5 million previously on the back of a slowdown in the 4G business investment environment coupled with market competition. According to the ...
Frasers Property's FY18 earnings grow 15.8% to $1.2 bil on higher revenue & fair value gains
SINGAPORE (Nov 9): Frasers Property concluded FY18 with earnings of $1.2 billion, a 15.8% improvement from $1.03 billion on higher revenue and fair value gains on investment properties. Revenue for the full year grew 7.1% to $4.3 billion from $4 billion in FY17, attributed to the timing of sales settlements of development projects in Singapore and Australia, as well as maiden contributions ...
Second Chance posts 17% lower FY18 earnings of $8 mil, declares 0.3 cent dividend
SINGAPORE (Oct 31): Second Chance Properties reported earnings of $7.9 million for the full year ended Sept, down 16.6% from FY17 due to lower revenue and fair value losses. An interim cash dividend of 0.3 cents per share has been declared for FY18, unchanged from the previous financial year. Revenue for the quarter fell 9.2% to $31.6 million in FY18 compared to $34.8 million in FY17 as ...
AusGroup reports 16.1% rise in 4Q earnings to $2.7 mil
SINGAPORE (Aug 30): AusGroup announced earnings of A$2.7 million ($2.7 million) for the 4Q ended June, up 16.1% from A$2.4 million a year ago on higher revenue and improved gross margin. Revenue for the latest quarter grew 4.5% to A$126.6 million, which the group credits to overall strong performance from the energy and mineral process sectors. Administration, marketing and other costs rose ...
Wing Tai's FY18 earnings surge 11-fold to $218.8 mil on higher property-related gains
SINGAPORE (Aug 28): Wing Tai Holdings announced earnings of $218.8 million for FY18, up nearly 11-fold from its full year earnings of $20.1 million a year ago, due to higher revenue as well as increased share of profits of associated and joint venture (JV) companies. For the 4Q ended June, the group announced earnings of $129.8 million compared to $9.5 million a year ago. Revenue for the ...
Health Management International posts 43% growth in 4Q earnings to $5.1 mil
SINGAPORE (Aug 28): Health Management International (HMI) reported earnings of RM15.2 million ($5.1 million) for the 4Q ended June, up 43% y-o-y from RM10.7 million a year ago on higher revenue and improved margins. For the whole of FY18, earnings trebled to RM60.7 million compared to RM20.6 million in the previous corresponding year. A final dividend of 1 sen has been declared, bringing ...
Pacific Star Development concludes 18M ended June at $8.4 mil after business model restructuring
SINGAPORE (Aug 27): Pacific Star Development, formerly known as LH Group, announced $8.4 million in earnings for the 18 month period ended June 2018 (18M17), up 12% from the 12 months ended June 2016 on higher revenue. This comes after the successful restructuring of its business model to focus on real estate development following a $140 million reverse takeover (RTO). The company last year ...
GuocoLand's 4Q earnings fall 42% to $141 mil on lower revenue & other income
SINGAPORE (Aug 27): GuocoLand announced earnings of $141.2 million for the 4Q ended June, down 42% from $244.8 million a year ago on lower revenue and other income. This brings the property developer’s earnings for FY18 to $381.3 million, which is 7% higher than the $357.2 million posted in FY17. The group has recommended a final dividend of 7 cents per share for FY18, unchanged from a ...
Silverlake posts 5% lower 4Q earnings of $12.1 mil due to lower other income
SINGAPORE (Aug 26): Software services & solutions provider Silverlake Axis reported 4Q18 earnings of RM36.2 million ($12.1 million), down 5% y-o-y from RM38.3 million a year ago due to lower other items of income. The group’s latest 4Q results brings its full year earnings for FY18 to a total of RM134.1 million, representing a more-than sixfold decline from its FY17 earnings of RM863.7 ...
Ellipsiz posts 7% growth in FY18 earnings to $9.1 mil on higher revenue
SINGAPORE (Aug 20): Ellipsiz has announced a profit of $9.1 million for FY18, up 7% from $8.5 million a year ago due to higher revenue. A final and special cash dividend of 2 cents and 1 cent per share have been declared, respectively.   Revenue for the full year stood at $49.1 million, up 18% from $41.8 million due to higher contributions from the group’s Singapore, China and Taiwan ...