FY19

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

Broker's Calls

OCBC drops coverage on KSH Holdings post FY19 earnings miss

SINGAPORE (June 3): OCBC Investment Research is ceasing coverage on KSH Holdings, citing “reallocation to resources” after the construction group’s latest set of financial results missed expectatio

Results

KSH Holdings' FY19 earnings down 75% after changes to accounting treatment

SINGAPORE (May 31): KSH Holdings has announced FY19 earnings of $7.7 million for FY19, down 74.8% from a restated $30.4 million in FY18 after changes to accounting treatment which are in line with

Results

mm2 Asia's FY19 earnings fall 14.7% to $19.1 mil on net margin decline

SINGAPORE (May 31): mm2 Asia reported $6.2 million in earnings for the 4Q ended March, down 7.5% from $6.7 million a year ago due to lower revenue and expansion costs.

Results

Ley Choon sinks into 4Q, FY19 losses on lower margins

SINGAPORE (May 30): Ley Choon Group reported a loss of $5.2 million for the 4Q ended March, sinking into the red from its 4Q18 profit of $0.3 million due to lower margins.  

Broker's Calls

Valuetronics posts 2.8% lower FY19 earnings; seeks to mitigate trade war risks with Vietnam expansion

SINGAPORE (May 29): Valuetronics Holdings, the provider of electronics manufacturing services (EMS), announced a 2.8% y-o-y decline in FY19 earnings to HK$199.5 million ($35.1 million) from HK$204.

Results

Memories Group returns to profitability in FY19 after booking one-off 4Q gain

SINGAPORE (May 29): Memories Group posted US$6.1 million ($8.4 million) in 4Q19 earnings, up y-o-y from its earnings of US$1 million due to a one-off US$8 million gain from its acquisition of SM As

Results

Metro's 4Q earnings surge to $51 mil on fair value gains & share of JVs

SINGAPORE (May 28): Metro Holdings has announced 4Q19 earnings of $51 million compared to $1 million a year ago, due to higher revenue and fair value gains, as well as a surge in share of results i

Results

Cortina posts 4% higher 4Q earnings of $8.1 mil due to improved margins

SINGAPORE (May 24): Cortina Holdings has announced $8.1 million in earnings for the 4Q ended March, growing 4% y-o-y from $7.8 million on the back of improved sales margins.

Broker's Calls

SATS well supported by decent dividend yield, strong growth prospects: DBS

SINGAPORE (May 23): DBS Vickers Securities is remaining positive on SATS with a “buy” call and target price of $5.44, on the belief that Changi Airport and regional aviation growth will continue to

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