4q | ICT magazine

Posts Tagged ‘4q’

Singapore 4Q unemployment rate up tad at 2.2%

January 31st, 2011 | No Comments

Singapore 4Q unemployment rate rises to 2.2% from 2.1% in the previous quarter as a relatively higher number of jobs are lost in the manufacturing and services sectors.

The data are unlikely to prompt any policy changes as unemployment rate rise is marginal, but the government is likely to watch jobs reports closely as elections loom.

In 4Q, 3,200 jobs were estimated to have become redundant vs 1,930 in 3Q. Data show 30,600 new jobs were added in 4Q vs 20,500 in 3Q. The unemployment rate shrinks to 2.2% in 2010 compared to 3.0% in 2009, the data show.

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Singapore 4Q private property prices rise 2.7% vs 2.9% in 3Q

January 28th, 2011 | No Comments

Singapore’s private residential property prices rose 2.7% in the fourth quarter from the previous three months, slowing from the third quarter’s 2.9% rise, according to final estimates issued by the government Friday.

The fourth-quarter data is in line with the initial estimates published earlier this month.

Stats ChipPAC 4Q net declines to US$19m

January 27th, 2011 | No Comments

Stats ChipPAC said its fourth- quarter net profit fell to US$19 million ($24.3 million) from US$33.8 million a year ealier.

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Starhill Global flat; 4Q above view – Daiwa

January 27th, 2011 | No Comments

Starhill Global REIT (P40U.SG) is flat at $0.650, with moderate volume of 1.3 million shares traded after announcing 4Q10 net property income of $36.7 million, +37.0% on-year and DPU of 1.04 Singapore cents, +7.2% on-year.

Daiwa says NPI was 5% higher than forecast, while DPU was 3% higher. “The stronger-than-expected NPI came almost solely from the Renhe Spring Zongbei Property in Chengdu, China, which reported NPI of S$3.38 million (+72% on quarter).”

Osim off 2.9%; strong 4Q results likely priced-in

January 27th, 2011 | No Comments

Osim International (O23.SG) off 2.9% at $1.67 in active trade, falling back after hitting $1.74 at the open, its highest level since late 2006, as despite its strong 4Q, FY results, investors are likely uneasy about pushing the price higher after the stock’s 215% surge since the start of 2010.

Osim International 4Q net income doubles, sales fall

January 26th, 2011 | No Comments

Osim International said its fourth-quarter net income more than doubled to $17 million from $8 million a year earlier.

Sales in the quarter declined 6% to $133 million from $141 million, the company said in a statement to the Singapore stock exchange today.

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SIA Engineering off 1.0%; 4Q results in-line – OCBC

January 26th, 2011 | No Comments

SIA Engineering (S59.SG) off 1.0% at $4.18 after it posts 3Q revenue at $269.5 million, +11.6% on year and down 2.7% on quarter with net profit of $60.3 million, +7.7% on year and down 9.3% on quarter.

Despite the sequential declines, selling is light with only 116,000 shares traded, as the results were largely within expectations.

Keppel Corp +2.3% after record 4Q earnings

January 26th, 2011 | No Comments

Keppel Corp. (BN4.SG) is up 2.3% at $11.60 in active trade after its 4Q earnings beat the street, with net profit of $403 million, the first time the S$400 million mark has been breached.

Phillip Securities says the results were above its expectations; it maintains its Buy call and raises its fair value to $13.40 from $12.52 (on an increased valuation for O&M to 15X vs 13.5X FY11E).

Keppel Corp. posts 4Q net income of $403m

January 25th, 2011 | No Comments

Keppel Corp., the world’s largest oil-rig maker, reported fourth-quarter net income of $403 million, compared with $343 million a year earlier. Analysts expected profit of $371.3 million, based on four estimates compiled by Bloomberg.

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