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Vard sinks into the red with $97m net loss in FY15
Vard sinks into the red with $97m net loss in FY15
Blame it on loss provisions for projects in Brazil.
Vallianz’s FY15 net profit dips slightly to US$20.1m
Tax expenses dampened increases in revenue, gross profit.
Indofood Agri's net profit slips 22.5% to $17m in Q4
Weak commodity prices are to blame.
Singtel’s Innov8 teams up with int’l telcos to help start-ups scale up
The telcos formally launched their alliance.
Sunpower’s net profit soars 45.3% to RMB81.5m in FY15
Its EPC integrated solutions arm posted higher contribution.
KrisEnergy posts US$48.6m FY15 loss as impairments, write-downs bite
Sales prices also dropped steeply.
Serial System's net profit crashes 31% to US$11m in FY15
Due to lower profit margins.
BreadTalk’s net profit crashes 66% to $7.6m in FY15
Blame it on underperforming stores, raised expenses.
Banyan Tree posts worst loss in its history with $28.5m loss in FY15
Due to doubtful debts provisions, absent fair value gains.
PACC Offshore bags two contracts worth US$85m for five vessels
They’re long-term charters for Middle East clients.
Nam Cheong sinks to a net loss of RM22.2m in Q4
Blame it on cascading number of orders.
Roxy-Pacific’s net profit falls 12% to $85.2m in FY15
Blame it on absent profit recognition from a sale.
OKP’s net profit skyrockets 175.7% to $7m in FY15
It bagged seven public sector projects during the year.
Kim Heng sinks into the red with $4.9m net loss in FY15
Blame the industry downturn.
Far East Hospitality Trust's net property income down 5.8% to $103m in 2015
Due to weak demand, intense competition.
China Yongsheng to go private at $0.032 per share
It will be bought out by its management.
Chip Eng Seng arm emerges as top bidder in New Upper Changi Road residential tender
The proposed development will feature 720 residential units.
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