HIGHER depreciation expenses and costs related to the closures of its loss-making colleges in Sydney and Beijing dragged Raffles Education deeper into the red for its second quarter. Read more at The Business Times.
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iX Biopharma sinks deeper into the red with S$3.7m Q2 lossPHARMACEUTICAL company iX Biopharma has sunk deeper into the red with a net loss of S$3.7 million for the second quarter ending Dec 31, 2018 from a net loss of S$3.2 million a year ago. For the six months ending Dec 31, the company saw a net loss of S$6.9 million from S$6.4 million a year ago. Read more at The Business Times.
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Sakae swings into the red with Q2 lossSAKAE Holdings has reported a net loss of S$545,000 for the second quarter of fiscal 2019, from a net profit of S$99,000 the year before. This was attributed to a streamlining of operations, which resulted in a fall in revenue, while cost of sales and labour costs dropped accordingly, the company said in a Singapore Exchange filing. Read more at The Business Times.
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USP Group sinks into the red for Q3 with S$380,000 lossMAINBOARD-LISTED USP Group has reported a net loss of S$380,000 for the third quarter ended Dec 31, 2018, from a net profit of S$806,000 a year ago. Loss per share was at 0.48 Singapore cent, compared to earnings per share of 1.07 Singapore cents a year earlier. Read more at The Business Times.
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Oxley Q2 net profit down 33%PROPERTY developer Oxley Holdings on Monday posted a 33 per cent slide in net profit for the second quarter ended Dec 31, 2018 to S$45.2 million from a year ago. Read more at The Business Times.
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HPH Trust posts Q4 net loss of HK$12.11b on recognition of impairment lossesTHE recognition of non-cash impairment losses of HK$12.29 billion (S$2.12 billion) in the fourth quarter heavily dampened results for Hutchison Port Holdings Trust (HPH Trust) for the three months ended Dec 31, 2018. Read more at The Business Times.
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Capital World Q2 net profit falls 15.4% to RM14.7mCATALIST-listed Capital World saw net profit fall 15.4 per cent in the second quarter ended Dec 31 to RM14.7 million (S$4.9 million), from RM17.4 million in the year-ago period, the Malaysia-focused property developer announced on Tuesday night after the market closed. Read more at The Business Times.
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ISOTeam Q2 earnings slide 29.5% to S$1.3mCONSTRUCTION company ISOTeam has reported a 29.5 per cent decrease in Q2 net profit to S$1.3 million for the three months ended Dec 31, 2018. This was down from S$1.9 million the year before. Read more at The Business Times.
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IPS Securex lands US$1.2m airport bird deterrent contractIPS Securex has clinched a US$1.16 million contract to deliver an integrated radar surveillance and bird strike deterrent solution for airport security environments. Read more at The Business Times.
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