SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday (Feb 27):. Read more at straitstimes.com.
SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday : Best World: Best World reported late on Tuesday a 28.9 per cent rise in net profit for its fourth quarter from a year ago, on a surge in revenue and higher gross margins. The stronger results come amid what it cites as a transition from an export model to a franchise model in its China market. Net profit for three months ended Dec 31, 2018 stood at $28.
6 million gain recognised upon the consolidation of the United Industrial Corporation group in FY2017. Excluding this one-off gain, net profit would have risen 26 per cent. Group revenue climbed 13 per cent to $2.4 billion in FY2018 due mainly to the full-year consolidation of revenue of the expanded group. The counter closed two cents lower at $6.77 on Tuesday before the results were announced. Sinarmas Land: Sinarmas Land Limited's Q4 net profit plummeted 74.9 per cent to $58.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks to watch: Best World, OUE, Golden Agri-Resources, Olam, Keppel, UOLTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
Read more »
Stocks to watch: Best World, Raffles Medical, Venture, Allied Tech, Chip Eng SengTHE following companies saw new developments that may affect trading of their shares on Monday: Read more at The Business Times.
Read more »
Best World to conduct independent review of business and accounting practicesBEST World International is hiring an independent reviewer to scrutinise its business and accounting practices, after The Business Times raised concerns last week over the challenges in tracking sales of its DR's Secret line of premium skincare products in China. Read more at The Business Times.
Read more »
Hot stock: Best World shares plunge as much as 25.8% as trading resumesBEST World International shares plunged as much as 25.8 per cent on Monday before clawing back some gains as trading resumed after a halt that lasted almost five days last week. Read more at The Business Times.
Read more »
Best World shares fall 18.45% in heavy volume as trading resumesBEST World International shares plunged 50 Singapore cents or 18.45 per cent to finish at S$2.21 on Monday after trading resumed following a halt that lasted almost five days last week. Read more at The Business Times.
Read more »
Best World posts 29% higher Q4 net profit on transition to franchise modelBEST World reported late on Tuesday a 28.9 per cent rise in net profit for its fourth quarter from a year ago, on a surge in revenue and higher gross margins. Read more at The Business Times.
Read more »
Trading halt on Best World shares extended by up to two daysTHE trading halt on Best World International's shares has been extended by up to two days, for the company to finalise and release a clarification. The trading halt may be lifted no later than 8.30am on Feb 25, the company said in a filing on Thursday. It had requested a trading halt on Feb 18, 2019, 11.23am. Read more at The Business Times.
Read more »
Best World gets permission to extend trading haltBEST World International has obtained permission to extend its trading halt by up to two more days in order to prepare, finalise and release a clarification announcement to address certain matters, it said on Thursday. Read more at The Business Times.
Read more »
Stocks to watch: Sembcorp, ST Engineering, CDL, PropNex, First SponsorTHE following companies saw new developments that may affect trading of their shares on Thursday: Read more at The Business Times.
Read more »
Stocks to watch: UOB, OCBC, Sevak, HRnetGroup, Nordic GroupTHE following companies saw new developments that may affect trading of their shares on Friday: Read more at The Business Times.
Read more »