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Stock Headliners You Need To Know
Headliners | 26 February 2015
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By: Tan Jia Hui
Articles (82) Profile

Asian Pay Television Trust’s revenue gained 4% to $81.8m for the fourth quarter ended 31 Dec-14, underpinned by higher contribution from basic cable television. However, a 23% expansion in total operating expenses in particular to a 37.1% gain in depreciation and amortisation expenses, led earnings to fall 21.6% to $16.3m. For the full year, revenue surged 72.2% while net profit advanced in excess of 100% to $114.3m. The trust has declared a distribution per unit of $0.0213 for 4Q14, bringing total FY14 distribution to $0.0825, in line with the trust’s guidance.

Genting Singapore PLC posted a 7.9% drop in revenue to $637.9m in 4Q14, mainly attributable to lower gaming revenue. Despite the decline in revenue, cost of sales was up 0.8% to $486.6m. Subsequently, net profit fell 36.5% to $89.2m. For FY14, revenue inched up 0.5% to $2.9b while net profit fell 12.2% to $517.3m. The company has declared a final dividend per share of $0.01 for the year.

Hotel Properties’ revenue declined 11.2% to $614.6m for the year ended 31 Dec-14, led by the completion of the Tomlinson Heights condominium development in Mar-14 where revenue has already been recognised. Subsequently, net profit fell 30% to $124.4m.

Nera Telecommunications posted an 8.7% gain in turnover to $48.3m for 4Q14, underpinned by higher contributions from both the telecommunication and info-communication business segments. Coupled with a lesser overall expenses in particular to a 9.5% reduction in distribution and selling expenses, net profit grew 20.2% to $4.6m. For the full year, turnover moved up 2.3% to $182.4m while earnings fell 30.9% to $16.2m. The company has declared a final dividend per share of $0.02 for 4Q14.

Pan Asian Holdings has agreed to sell a property located at No. 2 Tractor Road for $8.3m. The group views this as a timely opportunity to dispose of the property since it is underutilised. Post disposal, the group intends to purchase another property that will be suitable for its operations and in the meantime, it will be in search of a rental property to temporarily house its operations. Disposal proceeds would be used for working capital purposes.

Sarine Technologies posted a 9.9% growth in revenue to US$18.3m for the fourth quarter ended 31 Dec-14, mainly attributable to higher sales of the recently released laser cutting system and increased recurring revenue from a broader installed base of the Galaxy product line. However, as the company has incurred a net finance expense of US$0.4m compared to a net finance income of US$0.1m in 4Q13, quarterly profit slumped 12.8% to US$3.9m. The company has declared a final dividend per share of US$0.02 for 4Q14.

SIIC Environment Holdings saw a 34.5% decline in revenue to Rmb286m in 4Q14, mainly attributable to lower revenue from its construction segment. Helped further by contribution gains that are apart from its core operations such as a more than 100% gain from joint ventures and associates, net profit jumped 110.6% to Rmb65.9m. For FY14, revenue gained 6% to Rmb1.3b while net profit climbed 74.8% to Rmb262.4m.

Singapore Medical Group saw a 15.9% gain in revenue to $26.5m for the year ended 31 Dec-14, driven by higher revenue contributions from its oncology, obstetrics and gynaecology clinics. Helped further by a fall in overall expenses, in particular to a 97% decline in financial expenses, the group has recognised a profit of $79,000 compared to a loss of $6.4m in FY13.

Starburst Holdings proposed the acquisition of a property in 6 Tuas View Circuit for $22.4m. The property, with remaining lease tenure of 43 years and 8 months, has a gross floor area of 7,002.4 sqm. The acquisition is in line with the group’s strategy to increase its fabrication efficiency and capacity which will also allow it to work on bigger projects. Upon the acquisition, the management intends to dispose the existing property at 6 Tuas West Street and to manage its business from the new premises.

Armed with a bachelor in mathematics, Jia Hui keeps close tabs on the oil & gas, and manufacturing sectors in Singapore.

Please click here for more information about this author.

Asian Pay Television Trust  0.170 -0.001 -0.58%   
Business: First listed biz trust in Asia focused on pay-TV biz.

Insight: Feb-19, FY18 total revenue and EBITDA fell 6.3% an... Read More
Genting Singapore  0.895 -0.005 -0.56%   
Business: Develops, operates & mkts casinos & IRs globally, including Australia, M'sia, Philippines & UK. [FY18 Turnover] Gaming (66.1%), non-gaming (33.8%), others & invs (0.1%).

Insight: May-19, 1Q19, despite Co's non-gaming business reg... Read More
Hotel Properties  3.470 -0.03 -0.86%   
Business: Co is involved in hotel ownership, management & operation, & property development. [FY18 Turnover] Hotels (87.5%), properties (12.5%).

Insight: May-19, 1Q19 revenue slid 12.2% due to lower contr... Read More
Nera Telecommunications  0.275 -- --   
Business: Co engages in sales, distributn & servicing of transmission networks, satellite comm, & IT networks.

Insight: May-19, 1Q19 revenue slid 11.4% with both the netw... Read More
Pan Asian Hldgs  -- -- --   
Business: Co provides piping system solutions primarily to the water purification & wastewater treatment. [FY18 Turnover] General trading (56.4%), valves (21.1%), engineering solutions (20.4%), others (2.1%).

Insight: Mar-19, FY18 revenue rose 6.1% to $25.3m due to hi... Read More
Sarine Technologies  0.260 +0.005 +1.96%   
Business: Co manufactures & sells precision technology products for the processing of diamonds & gemstones. [FY18 Geographical] India (66.5%), Africa (12%), others (10%), Israel (5.8%), Europe (3.9%) and North America (1.8%).

Insight: May-19, 1Q19 revenue decreased by US$5.7m to US$10... Read More
Singapore Medical Group  0.310 -0.005 -1.59%   
Business: Co is a private specialist healthcare provider in Singapore. [FY18 Turnover] Health (70.7%), aesthetics (28.6%), others (0.7%).

Insight: Feb-19, FY18 revenue jumped 25.1% to $85.1m driven... Read More
Starburst Hldgs  -- -- --   
Business: Co engages in the design and engineering of firearms-training facilities. [FY18 Turnover] Maintenance services & others (94.4%), firearm shooting ranges (5.6%).

Insight: May-19, 1Q19 revenue remained flat at $1.6b which ... Read More

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