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Posts Tagged ‘12m’

TTJ wins new projects worth $12m

January 25th, 2011 | No Comments

Structural steel firm TTJ Holdings announced today that it has successfully secured jobs totalling $12 million for a series of structural steel projects in Singapore.

Under the deal, TTJ will provide structural steelwork for infrastructure projects that include, the glass-clad pedestrian link bridges at Orchard Road at the proposed re-development of Specialists’ Centre/Hotel Phoenix, the Scot Project for Shell Eastern Petroleum at Pulau Bukom and for a depot located off Woodlands Road in Downtown Line Stage 2 (DTL2) (Contract 911).

The bulk of these projects are expected to be completed by 2013.

With these extra projects, the group’s order books as at 16 January 2011 rose to $157 million from $145 million as at 29 November 2010.

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China to have 1.2m HIV-positive people by the end of 2015

December 4th, 2010 | No Comments

A report scheduled for formal release in the first half of next year has revealed that China will have about 1.2 million people living with HIV/AIDS by the end of 2015. China already has 740,000 HIV/AIDS sufferers on the mainland and sex has become the major reason for the transmission, reports the China Daily. â€œGiven [...]

Kreuz Holdings posts 3Q net profit of $1.2m

November 11th, 2010 | No Comments

Newly-listed Kreuz Holdings, the subsea solutions provider for the oil and gas industry, reported a 6% increase in revenue to US$13.6 million ($17.5 million) for the three months ended September 30, 2010 (3QFY2010) from US$12.8 million for the three months ended September 30, 2009 (3QFY2009). Profit attributable to equity holders of the company increased marginally by 1.2% to US$0.9 million in 3QFY2010.

In terms of revenue by customers, contributions from related companies comprised 43.7% of revenue and third-party customers made up the remaining 56.3% in 3QFY2010.

Heng Long closes 3Q with higher net profit of $1.2m

November 11th, 2010 | No Comments

Heng Long International, one of the world’s five top-tier tanneries of crocodilian leather, increased its net profit attributable to shareholders for the 3 months ended 30 September 2010 (3QFY2010) by 186.6% to $1.2 million from $0.4 million in 3QFY2009. The strong performance is attributable to the overall improvement in the global luxury goods industry.

Revenue improved 60.6% y-o-y to $13.1 million in 3QFY2010, an increase from $8.2 million in 3QFY2009. The increase is attributable to the continued improvement of the global luxury goods industry. In tune with the rising revenue, gross profit increased by 65.2% from S$1.7 million in 3QFY2009 to $2.8 million in 3QFY2010.

Excelpoint Tech posts 93.5% rise in 3Q net profit to $1.2m

November 3rd, 2010 | No Comments

Mainboard-listed Excelpoint Technology says net profit improved 93.5% to US$0.9 million ($1.16 million) during the quarter for the quarter ended 30 September 2010 (3QFY2010) from US$0.5 million in 3Q FY2009.

The group also saw a 41.3% increase in revenue, which rose to US$135.2 million in 3Q FY2010 from US$95.7 million in 3Q FY2009.

Qian Hu posts 28% fall in 3Q net profit to $1.2m

October 18th, 2010 | No Comments

Mainboard-listed integrated ornamental fish service provider Qian Hu Corporation today reported lower net profit attributable to shareholders for the third quarter ended 30 September, which fell 27.9% to $1.2 million, compared to the second quarter of the preceding year. Revenue fell 3.9% to $22.95 million.

Qian Hu blames the fall in revenue to the “triple whammy effects” of Icelandic volcanic ash over European airspace from April to May this year; the FIFA World Cup which dampened demand for ornamental fish and accessories exports, and drought conditions in Malaysia which affected the production of Dragon Fish fry announced in the previous quarter.

Otto Marine unit secures $12m contract to perform 3D seismic data acquisition in Trinidad

September 28th, 2010 | No Comments

Otto Marine says its subsidiary, Singapore-based Reflect Geophysical had secured a contract valued at about US$9 million ($11.9 million) with Niko Resources Trinidad & Tobago Ltd., to perform 3D seismic data acquisition in Trinidad. The contract is not expected to have a material impact on the consolidated net tangible assets per share or earnings per share of the Company for the financial year ending 31 December 2010.

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Darco Water secures $12m water treatment project from solar player MEMC Electronic Materials

September 27th, 2010 | No Comments

Mainboard-listed Darco Water Technologies, the provider of integrated engineering and knowledge-based water treatment solutions, today announced a RM27 million ($12 million) industrial water project to build a combined integrated solutions package for pure water production, chemical delivery, wastewater detoxification, and sewerage & grey water Treatment Systems for US-based MEMC Electronic Materials Corporation (MEMC), a leading player in the solar industry. The system is to be used in MEMC’s solar cell production facility in Malaysia.

Chasen wins 2 China relocation contracts for $12m

August 23rd, 2010 | No Comments

Chasen Holdings, one of the leading relocation specialists with complementary technical and engineering capabilities listed on SGX-Catalist, is pleased to announce that it secured two relocation projects in Nanjing and Beijing, China, with total value of RMB60 million ($11.9 million).

Chasen Logistics Services, a wholly-owned subsidiary of the group, is engaged by a major Japanese electronics manufacturer to move a 6th-generation TFT LCD plant to their new establishment in Nanjing, China. The RMB20 million relocation project will commence in October 2010 and is expected to be completed by April 2011.

Surface Mount Tech narrows 1Q net loss to $1.2m

July 29th, 2010 | No Comments

Surface Mount Technology says net loss attributable to shareholders for the three months ended 30 June 2010 (1QFY2011) narrowed to HK$6.6 million ($1.2 million) from HK$16.4 million in the corresponding quarter of the last financial year (1QFY2010).

Midas unit wins $12m contract to supply aluminium fabricated parts

June 20th, 2010 | No Comments

Mainboard-listed Midas Holdings announced today that its Aluminium Alloy Division, Jilin Midas Aluminium Industries Co., has clinched a RMB59 million ($11.9 million) contract to supply aluminium alloy extrusion profiles, including fabricated parts, to the inter-city high-speed train CRH5 EMU project in China. The contract was awarded by CNR Changchun Railway Vehicles Co.

Stratech posts net profit of $1.2m for FY2010

May 31st, 2010 | No Comments

Stratech Systems has announced a net profit of $1.2 million on a revenue of $13.9 million for the financial year ended 31 March 2010 (FY2010) comparable to that of $1.2 million on a revenue of $15.2 million for the previous financial year (FY2009).

The group registered a gross profit of $11.2 million, a 12% growth from the $10 million recorded for FY2009.

Hupsteel back to black in 3Q with profit after tax of $1.2m

May 6th, 2010 | No Comments

Hupsteel, the provider of steel products and services for the oil and gas, chemical and marine industries, has posted a profit after tax of $1.2 million for the quarter ended 31 March 2010 (3QFY10) compared to a loss of $2 million in 3QFY09. Revenue for the quarter stood at $39.8 million down from $50 million in 3QFY09.

CWT posts 27% rise in 1Q earnings to $12m

May 6th, 2010 | No Comments

CWT, the provider of integrated logistics solutions, has posted a net profit attributable to owners of $11.7 million for the first quarter ended 31 March 2010 (1QFY10). Revenue rose 9% to $167 million from $153 million in 1QFY10 revenue.

MTQ posts 10% growth in full-year net earnings to $12m

April 30th, 2010 | No Comments

MTQ Corporation, engineering specialist in the fabrication, repair and maintenance of oilfield equipment, has reported a net profit attributable to shareholders of $12 million for the financial year ended 31 March 2010 (FY2010).

Kingboard turns around with in 1Q net profit of $12m

April 28th, 2010 | No Comments

Kingboard Copper Foil Holdings says it posted a net profit of HK$67.56 million ($11.97 million) for the first quarter 2010 (1QFY2010) compared to a net loss of HK$80.32 million a year ago.

Revenue rose 150.21% to HK$1.03 billion, led by the restocking activities of export trade and robust China domestic market demand.

Del Monte Pacific posts net loss of $1.2m in 1Q

April 28th, 2010 | No Comments

Mainboard-listed Del Monte Pacific today announced a net loss of US$0.9 million ($1.2 million) for the first quarter of 2010 compared to a net profit of US$4.1 million in the same period last year due to higher raw material costs and higher advertising, promotion and selling expenses.

Kinergy reverses loss, posts net profit of $1.2m for 1Q

April 28th, 2010 | No Comments

Kinergy says it has already made a net profit of about $1.2 million in the first quarter of 2010 compared to a net loss of about $3.1 million a year ago. The better performance was due mainly to the $30 million in sales as market conditions improved. For the full-year 2009, it generated about $62.4 million in sales.

Broadway Industrial posts 121% rise in 1Q profit after tax to $12m

April 27th, 2010 | No Comments

Broadway Industrial Group says it posted a 121.4% y-o-y increase in profit after tax and minority interest (PATMI) for the first quarter of 2010 (1Q2010) to $11.9 million from $5.4 million in 1Q2009. This was backed by 11.2% y-o-y growth in revenue to $151.1 million in 1Q2010 from $135.9 million in 1Q2009.

China Hu An Cable wins 2 supply contracts totalling $12m

March 23rd, 2010 | No Comments

China Hu An Cable Holdings has secured two contracts totaling RMB 60 million ($12 million) in China to supply cable & wire products to two existing customers.

Under the power infrastructure contract valued at RMB 30 million secured from North China Grid Company, China Hu An will supply a range of low- and high-voltage cable and aluminium conductor steel reinforced cable products for expanding and upgrading the power transmission grid in northern China.