Yeo Hiap Seng

Yeo Hiap Seng 4Q earnings up 20% to $1.8 mil; proposes final & special dividend
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 ...
Yeo Hiap Seng stays focus on expansion, rejuvenation of F&B business
SINGAPORE (Sept 24): Founded in 1900, Yeo Hiap Seng has grown from a soy sauce manufacturer to the Asia food and beverage (F&B) player it is today. YHS is well known for its brand of Asian beverages like soybean drink and chrysanthemum tea and canned food products including chicken curry and sardines and baked beans. YHS also exports to the US and Europe. In 2003, YHS unveiled a new ...
Yeo Hiap Seng 1Q earnings fall to $1.4 mil on absence of Super Group disposal gain
SINGAPORE (Apr 27): Drink manufacturer Yeo Hiap Seng saw its 1Q18 earnings decline to $1.4 million from $140 million a year ago. The lower earnings compared to that of 1Q17 was largely due to a one-off $138.35 million gain on disposal of investment in Super Group, which was recorded in the corresponding quarter last year. Group revenue for the latest quarter grew 12.1% to $91.8 million from ...
Yeo Hiap Seng posts 25.6% lower 4Q earnings of $10.3 mil on revenue decline
SINGAPORE (Feb 23): Yeo Hiap Seng saw its earnings fall 25.6% to $7.7 million in 4Q17 from $10.3 million in 4Q16 on lower revenue. The latest set of results brings the group’s earnings for FY17 to $153.7 million, surging more than fivefold from its FY16 earnings of $29 million due to one-off gains on disposal of investment in Super Group, among other subsidiaries. Revenue for 4Q17 fell ...
Yeo Hiap Seng earnings down 65% to $1.8 mil in 3Q on lower sales
SINGAPORE (Nov 10): Yeo Hiap Seng reported a 65% fall in 3Q17 earnings to $1.8 million from $5.1 million a year ago on lower sales. The group’s bottomline was further dragged down by the absence of $1.3 million worth of dividend income from its investment and disposal of in Super Group, which was partially offset by a gain on disposal of a Hong Kong subsidiary of $4.1 million. Revenue for ...
How Singapore’s biggest listed F&B producers have sought to break the mould
SINGAPORE (Sept 4): Singapore is well-positioned to serve integrated networks in the F&B manufacturing and processing industry, in addition to enabling capital formation through its stock market, according to Singapore Exchange (SGX) market strategist Geoff Howie. In the Aug 30 issue of SGX My Gateway, Howie notes that the largest 10 capitalised stocks listed on the SGX that ...
Yeo Hiap Seng earnings fall 35% to $5.3 mil in 2Q
SINGAPORE (Aug 4): Yeo Hiap Seng posts a 35% decline in earnings to $5.3 million for the 2Q ended June, from $8.1 million a year ago, on the back of lower revenue. This was mainly attributable to lower net profit from its F&B division, as well as the absence of dividend income from its investment in Super Group. For the first half of 2017, Yeo Hiap Seng’s earnings surged to $144.3 ...
GIC appoints Koh Boon Hwee as director of board from Aug 14
SINGAPORE (Aug 1): Singapore sovereign wealth fund GIC has announced Koh Boon Hwee, a member of the GIC Investment Board since Jan 2016, as the director of the GIC Board with effect from Aug 14. The GIC Investment Board is board committee which assists the GIC Board on its overweight of the investment process and deliberation of significant deals, says the fund in a news release issued on ...
Yeo Hiap Seng, Hong Leong Finance, Duty Free International, Advance SCT, Rowsley
SINGAPORE (April 27): Here are some stocks to watch this Thursday morning: F&B and property group Yeo Hiap Seng reported 1Q earnings of nearly $139 million compared to $6.5 million a year ago. This was mainly due to gain on disposal of investment in Super Group of $138.4 million. Shares of Yeo Hiap Seng closed at $1.37 on Wednesday before the announcement. See: Yeo Hiap Seng posted 1Q ...
Yeo Hiap Seng posted 1Q earnings of nearly $139 mil on disposal gain
SINGAPORE (April 26): F&B and property group Yeo Hiap Seng reported 1Q earnings of nearly $139 million compared to $6.5 million a year ago. This was mainly due to gain on disposal of investment in Super Group of $138.4 million and partially offset by loss on liquidation of a subsidiary of $1.2 million and a reduction in net profit of $3.3 million generated from F&B division. Revenue ...