FY2019 results


Starburst wins record $40.9 mil order, targets at least three more contracts in 2020

SINGAPORE (Apr 3): After settling for a quiet year in 2019, Starburst Holdings is ramping up its operations and looks forward to better earnings as it starts work on new projects.

Broker's Calls

Data centre industry an attractive theme for FY20, but Keppel DC REIT 'fully valued': KGI

SINGAPORE (Mar 11): KGI Securities has downgraded Keppel DC REIT (KDCREIT) to “neutral” from the previous “outperform” recommendation with an increased target price of $2.19, representing a downsid

Broker's Calls

Recent acquisitions, healthy portfolio metrics to shield Dasin Retail Trust from Covid-19 effects

SINGAPORE (Mar 10): Although Dasin Retail Trust (DRT) had a rough FY2019, Phillip Capital  is opting for a bullish view on its inorganic growth prospects for the year ahead. 

Broker's Calls

Virus negatives already priced in for Hongkong Land, says DBS

SINGAPORE (Mar 6): Year-to-date, property developer Hongkong Land has seen its share price fall some 12% amid growing global economic uncertainty led by the coronavirus outbreak.


Hongkong Land's FY19 earnings plunges to $274 mil on fair value losses

SINGAPORE (Mar 5): Property group Hongkong Land, a member of the Jardine Group of companies, reported earnings of US$198.0 million ($274 million) for FY2019 ended December, down from earnings of US


UOL posts 14% increase in FY19 earnings to $479 mil, maintains dividend of 17.5 cents per share

SINGAPORE (Feb 28): UOL Group has reported earnings of $478.8 million for FY2019 ended December, some 14% higher than earnings of $418.3 million a year ago.

Investing ideas

A good year for Venture, but analysts are projecting an even better 2H20 ahead

SINGAPORE (Feb 28): Despite the Covid-19 outbreak threatening to disrupt supply chains and introduce production bottlenecks and component shortages, analysts have identified opportunities


Olam ends FY19 on higher earnings, revenue

SINGAPORE (Feb 28): Food and agriculture company Olam International has announced a positive


Troubles mount for Isetan as FY19 losses double to $27.2 mil on impairment charges

SINGAPORE (Feb 27): Isetan has reported losses of $27.2 million for FY2019 ended December, nearly double its losses of $13.7 million back in FY2018. 


Q&M posts 28% rise in FY19 earnings to $18 mil, proposes special dividend of 2 cents

SINGAPORE (Feb 27): Q&M Dental Group reported earnings of $18.0 million for FY2019 ended December, some 28% higher than FY2018 earnings of $14.0 million. 

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