Soilbuild Construction reported Thursday it swung to a 3Q19 net loss of S$4.42M, partly due to additional construction costs for some completed projects.
China Sunsine Chemical warned Thursday it expected to report a “material decrease” in its third quarter net profit, compared with the year-ago period.
Yangzijiang said Thursday it entered new order contracts from Navigation Maritime Bulgare to build six 31,800DWT Great Lakes bulk carriers.
Hi-P completed the acquisition of plastic component maker SEAMCO, the contract manufacturer said in a filing to SGX Thursday.
Parkson Retail Asia reported Thursday its fiscal 1Q net loss narrowed to S$9.73 million as a lower store count lowered expenses.
Ascott Residence Trust said Thursday it has divested its stake in the Somerset West Lake Hanoi serviced residence property in Vietnam.
Keppel Land said Thursday it invested US$25M in India-based Smartworks Coworking Space, a flexible office-space provider with a presence in nine cities.
Global Palm Resources warned Thursday it expected to report a net loss after income tax for the third quarter.
These are Singapore companies which may be in focus on Thursday, 31 October 2019: SIA, Hi-P, Keppel REIT, SingPost, Creative Tech, Yanlord and Sheng Siong.
Fintech player iFAST reported Thursday its 3Q19 net profit fell 5.5% on-year to S$2.46M amid continued investments in improving its platform capabilities.
Indofood Agri reported Thursday it swung to a 3Q19 net loss of 126 billion rupiah from a year-ago net profit as crude palm oil and palm kernal prices fell.
Parkway Life REIT reported Thursday its 3Q19 net property income rose 3.9% on-year to S$27.55 million, mainly on higher rent from the Singapore properties.
These are Singapore companies which announced share buybacks on Wednesday, 30 October 2019: Jardine Matheson, Keppel REIT and Intraco.
Sheng Siong reported Wednesday its 3Q19 net profit rose 16.4% on-year to S$20.6 million on the addition of new stores and an improved gross profit margin.
Singapore Airlines and Malaysia Airlines Bhd. (MAB) signed on Wednesday a wide-ranging deal to significantly expand regional and long-haul codeshare routes.
Hi-P International reported Wednesday its third quarter net profit fell 2.7 percent on-year to S$32.87 million as the gross profit margin declined.
Creative Technology reported Wednesday its fiscal first quarter net loss narrowed to US$5.67 million as higher sales were offset by a larger forex loss.
Yanlord Land’s Hangzhou project has fully sold its initial batch of 120 apartment units, launched 26 October, the Chinese property developer said Wednesday.
SingPost said Wednesday it will introduce two new postal service categories — basic package and tracked package — to meet e-commerce shipment demand.
Goldman Sachs upgraded DBS to Buy from Neutral, citing its attractive yield and reasonable valuation.