SIlverlake Axis (SAL)

Silverlake Axis reports 34% lower 2Q21 earnings of $11.3 mil due to lower project-related revenue segments - THE EDGE SINGAPORE

Results

Silverlake Axis reports 34% lower 2Q21 earnings of $11.3 mil due to lower project-related revenue segments

Earnings per share for the 2QFY2021 and 1HFY2021 stood at 1.29 sen and 2.51 sen per share respectively.

Broker's Calls

CGS-CIMB upgrades Silverlake Axis to 'add' on potential recovery in earnings for FY21

As at 12.50pm, shares in Silverlake Axis were trading 0.5 cent lower, or 1.6% down, at 30 cents.

Results

Silverlake Axis posts 12% drop in 4Q earnings to $19.4 mil on lower revenue

The numbers translate to earnings per share (EPS) of 2.25 sen and 7.04 sen for 4Q20 and FY20 respectively.

Silverlake Axis, Starburst insiders raise respective stakeholdings amid buybacks

On May 22, Kwong Yong Sin, former group managing director at Silverlake Axis, the provider of software for banks, bought 250,000 shares from the open market at an average price of 22.5 cents.

SERVICES

SATS, whose 'digitalisation' is underway, grabs top spot; Silverlake Axis beats peers on ROE

SINGAPORE (Sept 16): SATS, which provides gateway services and catering to the aviation, hospitality, healthcare, freight and logistics, and government sectors, was the runner-up in the 2018 services sector of the Billion Dollar Club. It was edged out by

Results

Silverlake Axis posts 86% increase in 4Q earnings to $22.3 mil on higher sales, other income

SINGAPORE (Aug 23): Silverlake Axis reported 4Q19 earnings of RM67.5 million ($22.3 million), 86% higher versus RM36.2 million in 4Q18.

Broker's Calls

2019 outlook for small-mid caps to hinge on US-China trade talks: RHB

SINGAPORE (Jan 7): RHB Research is keeping its “neutral” call on the small-mid cap sector amid US-China trade tension that could continue to weigh on the market.

Broker's Calls

DBS re-initiates coverage on Silverlake Axis as it rides on fintech wave

SINGAPORE (Jan 4): DBS Group Research is re-initiating its coverage on Silverlake Axis with a “buy” call and a target price of 60 cents.

Broker's Calls

Silverlake Axis kept at 'add' by CGS-CIMB on regional digital banking growth

SINGAPORE (Nov 21): CGS-CIMB Securities expects faster net profit growth for Silverlake Axis amid digital banking opportunities as core banking systems of Asean banks are being upgraded to deliver digital banking functionality.

Broker's Calls

Goodwill impairment leads to Silverlake Axis 4Q earnings disappointment for CGS-CIMB

SINGAPORE (Aug 27): A larger share of loss from its joint venture and associates saw Silverlake Axis report a 12% fall in 4Q18 core net profit to RM33.8 million ($11.2 million) from a year ago despite higher revenue.
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