CSC Holdings, the homegrown foundation and geotechnical engineering specialist, says it posted lower net profit and earnings per share of $3.9 million and 0.28 cents respectively for for the three months ended 31 December 2010 (3Q11), compared to $5.0 million and 0.36 cents in 3Q10.
Third quarter revenue also increased 30.3% year-on-year to $94.2 million from $72.3 million in 3Q10 driven by improving demand for the group’s foundation engineering services.
Net income declined to $288.3 million in the three months ended December from $404 million a year earlier, the carrier said in a statement to the Singapore stock exchange today. Profit was expected to be $299 million, based on the average of six analyst estimates compiled by Bloomberg. Singapore Air made a provision of $199 million for the fines.
Net income fell to $288.3 million in the three months ended December from $404 million, a year earlier, the carrier said in a statement to the Singapore stock exchange today. Profit was expected to be $299 million, based on the average of six analyst estimates compiled by Bloomberg. Sales rose 12% to $3.84 billion. Singapore Air said it made a provision for $199 million toward the fine.
Ryobi Kiso Holdings, the ground engineering specialist and provider of bored piling and geoservices, today reported a 70.1% y-o-y fall in net profit to $3 million for the second quarter ended 31 December 2010 (2Q11).
Revenue posted was $31.5 million in 2Q11, an increase by $5 million or 18.5% from $26.5 million in 2Q10 largely due to an increase in value of work done for on-going and completed projects; and new piling projects secured. These major private and public sector projects include The Scala, Flamingo Valley, Edusports and HDB Bukit Panjang N4 C14.
At 11:50 a.m., shares of Yanlord were 2.4% lower at $1.60 with over 3.1 million shares changing hands.
Shares on the measure trade at an average 14.7 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shares on the measure trade at an average 14.5 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.The following shares were among the most active in the market.
Shares on the measure trade at an average 14.6 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg.The following shares were among the most active in the market.
Shares on the measure trade at an average 14.6 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
At 9:35 a.m., Singapore Exchange was down 0.24% at $8.41 with 272,000 shares changing hands.
Singapore’s Straits Times Index fell 0.2% to 3,238.63 at the close. Almost two stocks dropped for each that rose in the benchmark equity index of 30 companies.
Shares on the measure trade at an average 14.8 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Developers: Singapore real estate companies have started cutting prices and offering discounts on new residential projects after the government stepped up measures to curb property speculation, The Business Times reported, without citing anyone.
Shares on the measure trade at an average 14.8 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shares on the measure trade at an average 14.9 times estimated earnings, compared with about 15.6 times at the end of 2010, according to data compiled by Bloomberg. The following shares were among the most active in the market.
Shares on the measure trade at an average 14.9 times estimated earnings, according to data compiled by Bloomberg. The following shares were among the most active in the market.
A survey of small business owners suggests concerns persist about the strength of the economic recovery. – While economic confidence among the nation’s small business owners continued to improve in November, according to the Discover Small Business Watch, 25 percent of small business owners said the economy is getting better in December, down from 33 percent in November. In addition, the survey found 51 …
Singapore shares rose on Wednesday, but Wilmar International (WLIL.SI), the world’s largest listed palm oil firm, underperformed the broader market due to its property ventures in China that traders said deviate from its main business.
By the midday break, the Straits Times Index (STI) <.FTSTI> was up 0.34%, or 10.72 points, at 3,150.57. Total value of shares traded in the morning session was $605.4 million, up from $461.5 million on Tuesday.
Singapore’s Straits Times Index declined 0.6% to 3,132.96 at the close. Three stocks fell for each that rose in benchmark equity index of 30 companies.
Shares on the measure trade at an average 15.2 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg.
Singapore’s Straits Times Index declined 0.8% to 3,128.15 as of the 12:30 p.m. trading break. Three stocks fell for each that rose in benchmark equity index of 30 companies. Shares on the measure trade at an average 15.2 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg. The following shares were among the most active in the market. Stock symbols are in parentheses after the company name.
