Any benefit to Venture from the U.S. FDA approval of the IQOS heated tobacco device likely won’t show up at the bottom line until 2020, UOB KayHian said.
Hi-P reported Thursday 1Q19 net profit rose 5.8% on-year to S$10.7M despite pricing pressures and a shift toward a lower-margin product mix.
Creative Technology reported Tuesday a fiscal 3Q net profit of US$10.03M, swinging from a year-ago net loss, amid gains from a patent lawsuit settlement.
Maybank KimEng downgraded Venture to Hold from Buy in a note on Friday, pointing to the cautious outlook the company provided with its earnings.
Venture reported Thursday its 1Q19 net profit rose 8.6 percent on-year to S$90.9 million on broad-based growth in its technology portfolio.
MeGroup said Tuesday it obtained rights to operate a Hyundai 3S automobile dealership in Klang, Selangor, from Hyundai-Sime Darby Motors.
Hi-P Tuesday issued profit guidance for the first quarter of 2019 revenue and profit to come in similar to levels in the first quarter of 2018.
These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.
Maybank KimEng said on Monday that shares of Hi-P International were overvalued after gaining 47 percent since posting its earnings in late February.
These are Singapore companies which may be in focus on Friday, 5 April 2019: Hyflux, Frasers Property, CapitaLand Mall Trust and Uni-Asia.
These are Singapore companies which may be in focus on Wednesday, 3 April 2019: Keppel REIT, Singtel, DeClout and Addvalue Technologies.
MeGroup said Wednesday it would buy an additional 25 percent of subsidiary MJN Motors, which owns and operates its Honda dealerships.
These are Singapore companies which may be in focus on Monday, 1 April 2019: Swiber, SIA Engineering, Hyflux, Singapore Airlines and CapitaLand.
These Singapore companies may be in focus on Thursday, 14 March 2019: China Jinjiang Environment, Yanlord, Starhill Global REIT and Reclaims Global.
These are Singapore companies which may be in focus on Tuesday, 12 March 2019: SATS, Wilmar, Hyflux, Reclaims Global and Accordia Golf Trust.
MeGroup said Monday it started to produce NVH components in January for the air-conditioning industry as an approved supplier of Johnson Controls Hitachi.
Maybank KimEng upgraded Hi-P International to Hold from Sell, saying the worst appeared to be over, but that earnings growth this year might be limited.
These are Singapore companies which may be in focus on Monday, 25 February 2019: Venture, Halcyon Agri and Chip Eng Seng.
Contract manufacturer Venture Corp. reported on Friday its 4Q18 net profit fell 24.7 percent on-year to S$107.7 million, but beat some analysts forecasts.
These are Singapore companies which may be in focus on Friday, 22 February 2019: OCBC, UOB, Wilmar, Genting Singapore, Hi-P and Roxy-Pacific.
Contract manufacturer Hi-P reported on Thursday its 4Q18 net profit fell 24.9 percent on-year to S$44.77 million amid more pricing competition.
Creative Technology landed a mention in Singapore’s budget speech on Monday, as Finance Minister Heng Swee Keat sought to highlight the importance of the entrepreneurial…
This article was originally published on Thursday, 14 February 2019, at 23:09 SGT; it has since been updated to add Cromwell European REIT. These are…
Creative Technology reported its fiscal 2Q net loss widened to US$4.92 million, from a US$4.23 million loss in the year-ago quarter as sales dropped.
These are Singapore companies which may be in focus Monday, 11 February 2019: SIA Engineering, Manulife US REIT, Ascendas REIT, No Signboard and Creative.