Fastech Synergy has posted a 82% fall in net income of $9,000 for the first quarter 2010 compared with $48,000 in the first quarter 2009. Net income for the fourth quarter 2009 was $15,000. Fastech offers semiconductor packages and also do printed circuit board, module and complete product assembly.
Posts Tagged ‘quarter’
Tuan Sing records $21m in net profit for 1Q
April 30th, 2010 |
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Tuan Sing Holdings posted a net profit attributable to shareholders of $20.9 million for the first quarter 2010 from $0.7 million the same period last year.
Revenue stood to $105.7 million. Total comprehensive income attributable to shareholders was $24.2 million, as compared to $7.4 million the same quarter last year.
Earnings per share rose to 1.8 cents for the quarter and net assets value per share advanced to 45.4 cents as at 31 March 2010.
Singapore employers boost payrolls for third straight quarter
April 30th, 2010 |
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Singapore employers expanded payrolls for a third straight quarter as faster economic growth prompted companies to increase hiring at casinos and factories.
The seasonally adjusted unemployment rate fell to 2.2% in the three months ended March from a revised 2.3% the previous quarter, the Ministry of Manpower said today. The median estimate in a Bloomberg News survey of six economists was for a jobless rate of 2.1%. The city state added an estimated 34,000 new jobs last quarter.
MCL Land posts $67m net profit for Q1
April 29th, 2010 |
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MCL Land has posted net profit of US$48.7 million ($66.8 million) for the quarter ended March 31, 2010, up from US$1.4 million net profit in the same quarter last year.
Revenue fell 97% to US$0.2 million from US$8.3 million as it recorded nominal revenue for the quarter, mainly representing rental income from investment properties.
Intel Leads a Steady x86 Processor Market, Headed for a Record Q2
April 26th, 2010 |
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Intel, benefiting from enterprise buyers, gained 0.2 percent off AMD during an otherwise steady first quarter for the x86 processor market, according to Mercury Research. Things will heat up during the second quarter, however, which is expected to see record mobile unit shipments.
– Intel continued to dominate a steady x86 processor market during the first
quarter of 2010, according to data from Mercury Research.
Intel held 81.2 percent of the market during the quarter, up ever so slightly
from its 81.0 percent the quarter before though more significantly from its
78.3…
ATandT’s Free WiFi Service Continues to Grow
April 23rd, 2010 |
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AT T has offered subscribers free access to its WiFi hotspots for some time, and in the first quarter of 2010 they began to embrace, big time. Nearly five times more connections were made during the quarter than a year earlier, and several hospitals are also accessing this service. During the quarter, AT T also added 1.9 million subscribers and activated 2.7 million iPhones.
– Amidst all the competitive talk of 2G versus 3G versus 4G among
carriers, the free WiFi connectivity offered with AT amp;T Wireless
service contracts has been a detail seemingly dismissed with the fine
print. However, with the rising use of smartphones and other connected
devices such as the A…
Verizon’s Android Smartphone Sales Boost First Quarter Revenue
April 22nd, 2010 |
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Verizon Wireless chugged along through its fiscal first quarter, posting profits of $400 million and praising its growing “Android franchise.” Verizon sold even more Motorola Droids during Q1 than the holiday-friendly fourth quarter, and is rubbing its hands at the coming arrival of the HTC Droid Incredible.
– Verizon Wireless announced revenues of $26.9 billion for its first
quarter of 2010, on April 22. The carriers net income, however, was
about $400 million compared to $1.6 billion a year earlier due to
do the closure of a tax exemption related to retiree health care, which
forced Verizon to f…
Pacific Shipping Trust to distribute 0.793 US cents to unitholders for 1Q
April 21st, 2010 |
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Pacific Shipping Trust says it will distribute 0.793 US cents per unit to unitholders for the first quarter ended 31 March, 2010 (Q1 FY2010), representing a tax-free annualised yield of 10.8%.
Gross revenue from the 12 vessels which are all on long-term charter remained stable at US$15.2 million ($20.9 million), recording a net profit after tax in Q1 FY2010 of US$6.7 million. In the corresponding quarter of the previous year (Q1 FY2009), net profit after tax was US$6.6 million on the back of a gross revenue of US$15.25 million.
Apple Reports Second Quarter Results
April 20th, 2010 |
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Apple today announced financial results for its fiscal 2010 second quarter ended March 27, 2010. The Company posted revenue of $13.50 billion and net quarterly profit of $3.07 billion, or $3.33 per diluted share. “We’re thrilled to report our best non-holiday quarter ever, with revenues up 49 percent and profits up 90 percent,†said Steve Jobs, Apple’s CEO. “We’ve launched our revolutionary new iPad and users are loving it, and we have several more extraordinary products in the pipeline for this year.â€
Map Tech returns to black with net profit of US$3m in 1Q
April 19th, 2010 |
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Map Technology Holdings, the component manufacturer for the hard disc drive and biomedical industries, is pleased to announce its return to profitability with a net profit of US$3 million ($4.1 million) for the first quarter ended 31 March 2010 (1Q2010), thanks to the ongoing recovery of the global HDD market.
Revenue for the quarter grew 33% from US$31.7 million to US$42.2 million in 1Q2010, as the group saw sales improve across all its business divisions, except for the die-cut components division which fell US$0.15 million to US$1.1 million.
AMD Sees Profit for Second Straight Quarter in Q1
April 16th, 2010 |
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Chip maker Advanced Micro Devices reports it generated $257 million in profit and $1.57 billion in revenue in the first quarter, making it AMD’s second consecutive quarter of profit after 12 losing quarters. CEO Dirk Meyer attributes the success to AMD’s strong product line and execution.
– Advanced Micro Devices saw a boost in server and PC revenue in the first
quarter, and overall generated $257 million in profit on $1.57 billion in
revenue.
The quarter was the second in a row in which the world’s
second-largest chip maker saw a profit after 12 consecutive quarters of losses.
CE…
PM Lee sees ‘good’ growth after record first quarter: Bloomberg
April 15th, 2010 |
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Singapore is looking forward to “good” growth this year after the island-state’s economy expanded in the first quarter at the fastest pace since at least 1975, Prime Minister Lee Hsien Loong said.
“I am happy with the very strong first-quarter growth. It reflects a rebound from the downturn last year, which is broad- based and robust,” Lee said in an e-mailed response to questions from Bloomberg News late yesterday. “Singapore is looking forward to good growth in 2010.”
Singapore 1Q GDP advance estimate up 32.1% annualised
April 14th, 2010 |
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Singapore’s economy grew at a much faster-than-expected pace in the first quarter due to a surge in manufacturing output in the period.
The Singapore government has subsequently revised its GDP growth expectations for 2010 upward in view on the significant growth in the first quarter.
Gross domestic product for the three months to March 31 on a seasonally adjusted and annualised basis increased 32.1%, compared with an unrevised 2.8% decrease in the fourth quarter, according to advance estimates released Wednesday by the Ministry of Trade and Industry.
GDP soars 32% in first quarter
April 14th, 2010 |
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Singapore says its economy soared in the first three months of 2010 as manufacturing more than doubled, reported AP.
The Trade and Industry Ministry said today that gross domestic product grew an annualised, seasonally adjusted 32.1% in the first quarter, bouncing back from a 2.8% drop in the fourth quarter of 2009.
The ministry says the economy grew 13.1% in the first quarter from the same period a year ago. The ministry says it raised its 2010 GDP forecast to between 7% and 9%.
The central bank saystoday that it shifted its exchange rate policy from a 0% appreciation to a “modest and gradual” appreciation in a bid to dampen inflation pressure.
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SPH reports 30% rise in 2Q net profit to $113m
April 13th, 2010 |
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Singapore Press Holdings has reported its results for the second quarter ending Feb 28 2010.
Against the corresponging quarter last year, SPH says recurring profit jumped 35.8% to $127.5 million, led by the strong performance of the Newspaper and Magazine segment.
The group’s investment income and share of net profit of associates and jointly-controlled entities were higher by $3.6 million and $4.6 million respectively.
BlackBerry Maker RIM’s Strong Q4 Boosted by International Markets
April 1st, 2010 |
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BlackBerry maker Research In Motion turned in another strong quarter and fiscal year. Nearly half of its Q4 revenue came from outside North America, where BlackBerry handsets were strongly promoted, the reach of the recession varied and Googles Android is less of a threat.
– BlackBerry maker Research In Motion turned in another strong quarter on
March 31, announcing revenue of $4.08 billion for the fourth quarter of its
fiscal year 2010, which was a boost of 4 percent from the previous
quarter.
RIM closed the fiscal year on Feb. 27 with revenue of $14.95 billion u…
1Q private home prices rise but at slower pace
April 1st, 2010 |
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Singapore’s private residential-property prices rose at a slower pace in the first quarter than the previous three months, suggesting recently introduced government measures have helped cool the sizzling market.
Private residential-property prices rose 5.1% in the first quarter, decelerating from the increase of 7.4% in the fourth quarter, according to flash estimates issued by the government today.
LifeBrandz posts smaller $170,000 loss for quarter
March 11th, 2010 |
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LifeBrandz, the operator of night clubs and pubs, says losses attributable to equity holders of the company for the quarter ended 31 January 2010 narrowed to $0.17 million from $1.1 million for the same period a year ago. Revenue declined 1% to $8.193 million from the same quarter last year.
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New Intel, AMD Chips Fuel x86 Server Growth: Analysts
February 25th, 2010 |
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Analysts at Gartner and IDC say new Intel and AMD processors are fueling a recovery in shipments of x86 servers from the likes of HP, Dell and IBM. Intels “Nehalem EP” Xeons and AMDs “Istanbul” Opterons in 2009 helped kick-start the momentum that rolled into the fourth quarter, and new processors from both chip makers this quarter will continue the growth into 2010.
– A week ago, executives with both Hewlett-Packard and Dell, while talking
about their latest
quarterly financial numbers, pointed to the increase in x86 server sales in
the final few months of 2009.
HP saw a 27 percent revenue increase in its industry-standard
server business in the quarter, whi…