Maxi-Cash reports 2Q19 net profit dropped 20 percent amid lower retail sales
Maxi-Cash reported Thursday its 2Q19 net profit dropped 20% on-year to S$2.80M amid lower sales from the retail of jewelry and branded merchandise.
UOL Group reports 2Q19 net profit climbed 48 percent on higher fair value gains
UOL Group posted second quarter net profit increased 48 percent on-year to S$195.38 million on higher fair value gains on investment properties.
SBS Transit posts 2Q19 net profit increased 25 percent
SBS Transit reported Thursday its 2Q19 net profit rose 24.5% on-year to S$24.19M on higher revenue and lower premises costs.
SGX posts jump in July futures volume as US trade war fuels demand
SGX said Thursday its futures volume climbed in July as the escalating trade war fueled demand for risk management in commodities and foreign-exchange.
Frasers Property reports fiscal 3Q net profit jumped 68 percent on fair value gains
Frasers Property reported Thursday its fiscal 3Q net profit jumped 68.2 percent on-year to S$333.9 million on recurring income sources and fair-value gains.
Shenton Wire wishes its readers a Happy National Day
Shenton Wire wishes its readers a Happy National Day on the 54th anniversary of Singapore’s independence.
Temasek to acquire D’Crypt from StarHub and founders for as much as S$134 million
Temasek entered an agreement to acquire D’Crypt from StarHub and D’Crypt’s founding shareholders, the telco said in a filing to SGX Thursday.
Singapore share buybacks Thursday: Keppel REIT, Stamford Land, Singapore Shipping
These are Singapore companies which announced share buybacks on Thursday, 8 August 2019: Keppel REIT, Stamford Land and Singapore Shipping.
Venture reports 2Q19 net profit fell 7 percent
Venture Corp. reported Thursday its second quarter net profit fell 7 percent on-year to S$90.81 million amid higher depreciation costs and as margins fell.
Noble: ‘Old Noble’ shareholders must take action to receive ‘New Noble’ shares
Noble Group Holdings issued a reminder to shareholders of “Old Noble” that they must register to receive their shares in the new entity.
No Signboard to end Hawker QSR restaurant operations
No Signboard Holdings said Thursday it would cease the operations of its Hawker QSR restaurants due to continuing losses.
Yangzijiang requests trading halt after shares tumble
Yangzijiang Shipbuilding requested a trading halt on its shares Thursday, pending an announcement, after the stock tumbled as much as 28.5 percent intraday.
UPDATE: Singtel posts fiscal 1Q net profit dropped 35 percent, partly on Airtel losses
Singtel posted Thursday its fiscal 1Q net profit dropped 34.9% on-year to S$541 million on losses from Airtel and higher depreciation and amortization.
UPDATE: Singapore stocks to watch Thursday: Singtel, CityDev, F&N, Halcyon Agri, Koufu, Noble
These are Singapore companies which may be in focus on Thursday, 8 August 2019: Fraser and Neave, Halcyon Agri, Koufu, Kimly and Noble.
Cromwell European REIT posts 1H19 net property income jumped 34 percent
Cromwell European REIT reported Thursday its 1H net property income rose 33.7 percent on-year to EUR54.13M, mainly on the acquisition of 22 new properties.
UPDATE: City Developments 2Q19 net profit falls 26 percent on property development
City Developments posted Thursday its 2Q19 net profit fell 26.4% on-year to S$162.40M, mainly on the timing of profit recognition for property development.
Halcyon Agri: Seven factories approved to deliver new Shanghai rubber contract
The Shanghai International Energy Exchange approved seven of Halcyon Agri’s factories to supply Technically Specified Rubber 20 for delivery, the rubber producer said Wednesday.
MindChamps PreSchool reports 2Q19 net profit tumbled 74 percent
MindChamps PreSchool reported Wednesday its 2Q19 net profit tumbled 74 percent on-year to S$319,000 as higher expenses offset strong revenue growth.
Singapore share buybacks Wednesday: Stamford Land, Singapore Shipping, Cheung Woh Tech
These are Singapore companies which announced share buybacks on Wednesday, 7 August 2019: Stamford Land, Singapore Shipping and Cheung Woh Technologies.
OUE Commercial REIT 2Q19 net property income jumped 20 percent
OUE Commercial REIT reported Wednesday its 2Q19 net property income jumped 20.1% on-year to S$40.75M, mainly on the acquisition of OUE Downtown Office.
Noble Group reports 1H19 net profit on energy and minerals contributions
Noble Group reported Monday a first half net profit of US$45.91 million on strong global demand for the company’s traded commodities.
Kimly post fiscal 3Q net profit fell 6 percent on higher expenses
Singapore-style coffee shop operator Kimly reported Wednesday its fiscal 3Q net profit fell 6% on-year to S$4.69M despite higher revenue as expenses rose.
Fraser and Neave reports fiscal 3Q net profit increased 9 percent on soft drink boost
Fraser and Neave reported Wednesday its fiscal third quarter net profit increased 9 percent on-year to S$54.83 million on higher soft drink and dairy sales.
Frasers Property to sell its 40 percent Golden Land stake for around S$351 million
Frasers Property said Wednesday it tendered its 39.92 percent stake in Golden Land Property, to Frasers Property Thailand for around S$350.6 million.
Koufu posts 2Q19 net profit climbed 16 percent after Marina Bay Sands food court reopening
Koufu reported Wednesday 2Q19 net profit increased 16.2% on-year on stronger contributions from both the outlet and mall management and F&B retail segments.
UPDATE: Singapore stocks to watch Wednesday: CapitaLand, SGX, StarHub, EC World REIT, No Signboard
These are Singapore companies which may be in focus on Wednesday, 7 August 2019: CapitaLand, Perennial, SGX, StarHub, EC World REIT, No Signboard and JUMBO.
Perennial Real Estate’s 2Q19 net profit dropped 75 percent
Perennial Real Estate reported Wednesday its second quarter net profit dropped 74.9 percent on-year to S$2.17 million on higher finance costs.
UPDATE: CapitaLand reports 2Q19 net profit fell 4 percent amid costs from Ascendas-Singbridge buy
CapitaLand reported Wednesday its 2Q19 net profit fell 4.2% on-year to S$579.81M, mainly on one-off costs related to the acquisition of Ascendas-Singbridge.
