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Wing Tai's 1Q earnings rise nearly eightfold to $8.2 mil

SINGAPORE (Oct 23): Property group Wing Tai Holdings saw its 1Q earnings ended Sept rise nearly eightfold to $8.2 million from $1.1 million a year ago, on the back of disposal gains and higher contributions from overseas associates.

Broker's Calls

Wing Tai set to take off on back of FY18 earnings recovery

SINGAPORE (March 10): CIMB is upgrading Wing Tai Holdings to “add” with a higher target price of $2.05 on the back of what could be an earnings recovery in FY18.