profit guidance

Acromec says it expects losses for FY2020 in profit guidance - THE EDGE SINGAPORE

Company in the news

Acromec says it expects losses for FY2020 in profit guidance

In its profit guidance for the financial year ended Sept 30, Acromec has guided that it expects to report losses for the FY2020.

Willas-Array guides for $2.6 mil net profit for 2QFY21 - THE EDGE SINGAPORE

Results

Willas-Array guides for $2.6 mil net profit for 2QFY21

Willas-Array Electronics Limited has guided a net profit of approximately HK$14.7 million ($2.6 million) net profit for 2QFY21 ended Sept 30.

Results

ISDN beats expectations with 72.5% growth in 1H earnings to $9.6 mil; share price hits 52-week high

Shares in ISDN Holdings surged some 8.22% today to close at 40 cents, just before the group announced a 72.5% increase in its 1H20 earnings to $9.6 million from $5.2 million in 1H19, which surpasse

Results

First REIT guides for 40% to 50% decline in 1H20 DPU

SINGAPORE (July 21): The manager of First REIT announced Monday night that it expects the REIT’s distribution per unit (DPU) for 1H20 to decline by 40% to 50% from the 4.30 cents posted in 1H19, ac

Results

CityDev warns of 'significant losses' in 1H20 mainly from the prolonged Covid-19 pandemic

SINGAPORE (July 13): City Developments Limited (CDL) is expecting a decline in its revenue for 1H20 from its hotel operations segment, property development segment, and investment properties segmen

Results

Ascott Residence Trust anticipates 75% plunge in distribution per stapled security for 1H20 following 'extensive global travel restrictions'

SINGAPORE (July 13): The manager of Ascott Residence Trust (ART) says it is expecting its financial performance to be “adversely impacted” for 1H20 due to the global travel restrictions brought abo

Results

CapitaLand expects 25% y-o-y reduction in operating PATMI in 1H20 results

SINGAPORE (July 6): CapitaLand Limited is expecting to record a 25% y-o-y reduction in its operating profit after tax and minority interests (PATMI) for 1H20 to 35% from the $361.3 million recorded

Covid-19

Genting Singapore braces for significant adverse impact to earnings; managerial staff, directors to take up to 18% pay cut

SINGAPORE (Mar 17): Integrated resort and casino operator Genting Singapore has warned that the group expects its financial results to be “significantly and adversely impacted” by the coronavirus o

Results

Secura guides for 2Q loss; share price hovers near all-time low

SINGAPORE (July 22): Security solutions provider Secura Group says it is expected to report a net loss for the 2Q19 ended June.

Tech

Apple cuts outlook as Chinese slowdown hits demand for iPhones

(Jan 3): Apple Inc cut its revenue outlook for the first time in almost two decades citing weaker demand in China, triggering a slump for Asian suppliers and a wave of lower price targets on Wall S

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