FY19 earnings


Dairy Farm FY19 earnings jump to US$324 mil on absence of one-off restructuring cost

Stripping off net non-trading items, underlying earnings for FY2019 were 10% lower y-o-y at US$321 million.

Investing ideas

Consistent dividend payout and order book intake make CSE Global a worthy investment, say analysts

“CSE remains our preferred small-cap oil and gas pick due to its i) earnings growth potential, 2) sustained dividend and 3) padded backing,” explains CGS-CIMB analyst Cezzane See.


IHH Healthcare's earnings plummet 92% in 4Q, but declares dividend of RM4 cents

IHH Healthcare group is pursuing a new strategy for the next decade, says Kelvin Loh, IHH’s Managing Director and CEO.


As Banyan Tree's 4Q19 earnings double, the group looks to develop novel ways to sustain growth in FY20

Eddy See, Banyan Tree president and group managing director, says the group has prepared for the Covid-19 outbreak with the same prudent cash-preservation measures used during other global crises such as SARS in 2003 and the different financial crises.

Broker's Calls

HRNet earnings up but analysts maintain conservative stance

“The majority of HRnet’s gross profit exposure is from Singapore and China, with both having a high number of confirmed cases. We therefore expect core earnings for FY20F to shrink by 12% y-o-y before recovering in FY21F,” DBS analysts say.


Jardine Cycle & Carriage's FY19 earnings more than double to US$881.4 mil

SINGAPORE (Feb 27): Jardine Cycle & Carriage (JC&C), a Jardine Matheson company, announced that its FY209 earnings have more than doubled (by 111%) to US$881.4 million ($1.2 billion).


Propnex posts 349.5% surge in 4Q earnings to $8.2 mil; declares 2.25 cents dividend

Propnex recorded a 350% surge in its 4Q earnings as private residential market recovers


GSH reports 28% increase in FY19 earnings

GSH expects progressive sales contributions from its Malaysia projects to boost its property business in the quarters ahead


CAO posts 13.2% growth in 4Q19 earnings following increase in supply of jet fuel

“We will continue to leverage on the group’s core competencies to expand our presence on the global platform [for jet fuel supply and trading],” says Wang Yanjun, the group’s CEO and executive director.


CDL posts 12.5% rise in 4Q earnings to $87.7 mil

SINGAPORE (Feb 26): City Developments Limited (CDL) this morning announced that its 4Q19 earnings have increased by 12.5% to $87.7 million from $77.9 million a year ago. This brings 4Q19 earnings per share to 9.0 cents, 13.9% higher than 7.9 cents in 4Q18