[ad_1]
Fri 30 Nov 2018 – 08h31
UPDATE Friday, November 30, 2018 – 10:10 am
The following companies experienced new developments that could affect the trading of their shares on Friday:
Keppel ReitKeppel Reit sells a 20% stake in Ocean Financial Center to Allianz Real Estate for $ 537.3 million in Singapore, while maintaining a 79.9% controlling interest in the property, said its director on Friday Keppel Reit Management. The agreed purchase price of S $ 537.3 million is 16.8% or S $ 77.1 million, at the historical purchase price of S $ 460.2 million. He is confident that the sale will help him achieve capital gains for his unitholders while maintaining exposure to Singapore's growing market. Shares of Keppel Reit closed at 1.16 Singapore dollars Thursday, up 1.8%, or two hundred Singaporeans.
Amplefield: Amplefield, a publicly traded Catalist company, posted a net profit of S $ 620,000 for the fiscal year ended Sept. 30, reversing Singapore's loss of S $ 612,000 the previous year, the company said on Thursday. developer and the construction service provider. Revenues for the year amounted to 11.2 million Singapore dollars, nearly nine times the amount of 1.3 million Singaporean dollars from the previous year. Earnings per share (EPS) was 0.08 cents from Singapore, compared to the previous year's loss per share (LPS) of 0.18 cents from Singapore. No dividends have been declared. Shares of Amplefield closed down 0.1 cents Singapore or 4.3 percent to 2.2 cents Singapore Thursday before the announcement.
No sign: A massive loss of value for a beer company resulted in No Signboard Holdings in the red for the 2018 fiscal year. The net loss for the 12-month period ended September 30th was set at $ 2.31 million. Singapore dollars, compared to a net profit of S $ 7.72 million in the previous year. The LPS for EX18 was 0.5 cents from Singapore, a reversal of Singapore's 1.67 percent BPA for EX17. Revenues increased 8.6% to $ 26.5 million, as the increase in the beer sector's contribution more than offset the decline in the restaurant sector. However, the group recorded impairments of $ 4.31 million for fiscal year 18 after the restructuring and branding of the beer business. No Signboard closed last Thursday at 0.3 cents from Singapore, at 13.7 cents.
Marco Polo Marine: For the fiscal year ended September 30, Marco Polo Marine became black. Operating profit rose sharply thanks to derecognized debts and a foreign exchange gain. Net profit for the year was 168.98 million Singapore dollars, compared with a loss of 312.69 million Singapore dollars for the previous year. The BPA was 6.74 Singaporean cents for EX18, against 92.91 Singapore cents for EX17. Revenues fell 31 percent to 26.56 million Singapore dollars as a result of lower contributions from both divisions – vessel chartering and shipbuilding and repair activities. The wicket closed at 2.3 cents Singapore Thursday, down 4.2% or 0.1% from Singapore.
Delong Holdings: The Chinese steelmaker has warned that its revenue could fall by about 316 million yuan ($ 62.4 million) this year and 887 million yuan next year due to the reduction in production. Blast furnace in Xingtai City, China. Following the close of trading on Thursday, the company announced its intention to cease production in the blast furnace from November 30, 2018 to March 31, 2019. The last trading price reached S $ 6.42, down 1, 2% or eight hundred Singaporeans.
Creative technology: Creative's is partnering with a Singapore-based video editing platform to promote its much vaunted Super X-Fi audio technology, the consumer electronics company announced Thursday. The company recently announced a net loss of $ 6.1 million for the quarter ending September 30, with a business turnover down 18% from the previous year, to 13.2%. million USD. But he touted Super X-Fi sales as a source of expected revenue growth over the next few quarters. The latest shares of Creative traded Thursday at 5.69 Singapore dollars, down 0.4%, or two hundred Singaporeans.
[ad_2]
Source link
