results
22 Mar 2019
SINGAPORE (Mar 22): Top Glove has reported RM105.8 million ($35.16 million) in earnings for the 2Q ended Feb, representing a 2.9% y-o-y decline from its 2Q18 earnings of RM109 million due to higher finance costs and taxes, as well as lower associate contributions.
This brings the group’s earnings for 1H19 to a total of RM215.8 million, up 0.6% on-year from RM214.5 million in 1H18.
Revenue ...
14 Mar 2019
SINGAPORE (Mar 14): Lifebrandz saw its losses in 2Q widen 18% to $0.6 million from $0.5 million a year ago, mainly due to an increase in total expenses which the group attributes to higher sales activities and business expansion.
Group revenue for the quarter grew 65% to $1.5 million from $0.9 million in 2Q18 on the back of higher revenue from the food and beverage (F&B) segment, out of ...
SINGAPORE (Mar 8): Del Monte Pacific has announced a net profit of US$2.6 million ($3.5 million) for the 3Q ended Jan, turning around from the US$38.4 million loss a year ago due to improved margins
Excluding one-off items, the group would have registered a 3Q net income of US$3 million, down 11.2% from US$3.4 million a year ago due to the change in the US tax rate.
EBITDA grew 13% to ...
SINGAPORE (Mar 1): Golden Energy and Resources (GEAR) has announced FY18 earnings of US$39.3 million ($53.2 million), down 37.5% from its FY17 earnings of US$67 million due to higher mining overheads, fuel costs, freight & stockpile expenses, as well as higher stripping ratios.
Revenue nonetheless grew 37.3% to a record US$1 billion for FY18, compared to US$763.8 million in the previous ...
SINGAPORE (Mar 1): Hyphens Pharma International has announced earnings of $0.8 million for the 4Q ended Dec 2018, rising 31.9% from $0.6 million in 4Q17 in the absence of one-off IPO expenses incurred from the year before.
Excluding the impact of these one-off expenses, the group’s earnings would have increased 33% to $1.2 million from $0.9 million a year ago.
This brings the ...
SINGAPORE (Feb 28): Yongnam Holdings, the engineering and construction services provider, reported FY18 loss widened to $51 million from $17 million a year ago due to lower revenue across all segments.
In the group’s results announcement on Thursday, Yongnam notes that its bottomline was further impacted by provisions made in anticipation of lower negotiated variation orders for two ...
SINGAPORE (Feb 28): Straits Trading Company saw its 4Q18 earnings nearly treble to $14.1 million from $5.2 million a year ago, mainly due to higher other items of income as well as reduced other items of expense.
This brings the group’s earnings for FY18 to $71.7 million, which is 54.5% higher than the $46.4 million reported in the previous year.
Revenue for the latest quarter dipped 1.7% ...
SINGAPORE (Feb 28): Maybank Kim Eng and RHB Research are maintaining their “buy” and “neutral” ratings on Bumitama Agri with higher target prices of 97 cents and 67 cents, respectively.
This comes after the oil palm plantation company concluded FY18 with earnings of $125 million, down 9% y-o-y as its 4Q and full-year performance was impacted by weaker agriculture commodity prices, ...
SINGAPORE (Feb 28): CITIC Envirotech Limited (CEL) has concluded FY18 with earnings of $113.2 million, rising 41.6% from its FY17 earnings of $79.9 million on higher revenue.
Over FY18, revenue surged 46.9% to $994.5 million in FY18 from the restated $677.2 million in the previous year.
The topline growth was mainly due to an increase in engineering revenue, which grew 39.6% to $511.5 ...
SINGAPORE (Feb 27): Yeo Hiap Seng has announced earnings of $1.8 million for the 4Q ended Dec 2018, up 20% from 4Q17 earnings of $1.5 million due to better margins as well as lower fair value losses on equity investments.
The bottomline improvement came despite a 6.1% y-o-y revenue decline to $79.2 million compared to $84 million a year ago due to lower sales in Malaysia, which nonetheless ...