Markets and Investing
Genting leads Singapore’s gaming market with 60% share of overall revenue
Resorts World Sentosa maintains an edge with Universal Studios as a crowd puller.
Genting leads Singapore’s gaming market with 60% share of overall revenue
Resorts World Sentosa maintains an edge with Universal Studios as a crowd puller.
SingTel expected to recover from its 2QFY11 low
The company should report a modest 4% qoq and 10% yoy core net profit growth in 1QFY12.
KSH Holdings' lacklustre performance won’t last for long
It's all because of its $350m worth of construction projects over the next 3 years.
UIC’s revenue plunges 54% to S$235.7m
While its net profit rose 23% to S$136.7 million.
SingLand's revenue jumps 21% to S$173.7m
CIMB says new sales and higher recognition of The Trizon boosted profit.
Falling debris: KSH Holdings revenues slump 44% to $40.8m
The lack of contributions from projects completing before and during 1Q12 decreased the top-line by $31.7m.
StarHub not threatened by fibre broadband
CIMB says there has been little demand for very high speed broadband, otherwise known as NGNBN.
CapitaLand’s S$399m net profit within analyst’s expectations
Net income for 2Q11 was boosted by net revaluation gains of S$228m.
Venture Corp’s revenue drops 3.7% to S$628.7m in 2Q11
OCBC blames the weaker USD, which fell by 11%.
Sembcorp Industries’ profit rises 5% to S$335m in 1H11
Its utilities division’s profit also grew by 17% to S$137m.
Great Eastern Holdings’ profit down 26% to S$118m
Weaker quarter-on-quarter earnings were attributed to lower non-par fund profits.
Wilmar’s 5% price increase to pose ‘insignificant’ impact
Wilmar’s increased cooking oil prices may no longer restore its margin back to US$40/MT, says DBS.
Wheelock Properties' revenues slump 62% to $67.6m
But Scotts Square continued to see increasing take up rate to 73%.
Olam’s profit up 48% in 3Q11
It raised a total of S$740m through the issue of new shares and rights offering.
Sembcorp Marine receives order worth US$444m
This brings the company's order wins to a whopping S$2.63 billion year-to-date.
Building boom: Lian Beng Group’s profit hits a record $48.2m in FY11
Its earnings for Q4 alone was up 73.8% yoy to $11.6m.
CWT to reap $35-40m profit from latest warehouse project
CWT will develop a $135m warehouse at 20 Gul Way for AIMS AMP Capital Industrial REIT.
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