Company News – Latest Companies news and Analysis IBTimes Singapore

Golden Agri-Resources Q2 profit slumps 45%

Golden Agri-Resources on Monday reported a 45 percent slump in second-quarter profit due to the recognition of deferred tax income of US$131 million in the previous period.

Aug 14, 2017

By Aastha Agnihotri

Spackman Entertainment to buy Take Pictures for undisclosed value

Spackman Entertainment, a South Korean theatrical film production group, on Monday announced its proposed acquisition of Take Pictures Pte for an undisclosed amount.

Aug 14, 2017

By Aastha Agnihotri

Ezion suspends trading after Q2 loss

Ezion Holdings, a provider of offshore marine logistics services, on Monday requesting trading suspension as it discusses funding options with its shareholders following a quarterly loss.

Aug 14, 2017

By Aastha Agnihotri

Vallianz Holdings profit climbs on Middle East growth

Vallianz Holdings, a provider of offshore support vessels, on Monday posted a 12.5 percent rise in quarterly profit, helped by growth at its Middle East market.

Aug 14, 2017

By Aastha Agnihotri

Singapore Medical Group H1 profit soars; stock rallies 5%

Singapore Medical Group on Monday said first-half profit grew more than six times, fueled by growth at its healthcare services segment.

Aug 14, 2017

By Aastha Agnihotri

Stellar Q2 profit lifts mm2 Asia shares

Media content provider mm2 Asia on Monday reported a 30 percent jump in quarterly profit, boosted by growth at its North Asia business and strong performance of subsidiaries.

Aug 14, 2017

By Aastha Agnihotri

Rotimatic: Flatbread-making robot hits stores, available in Singapore's Mustafa Centre

Zimplistic founder Pranoti Nagarkar said the roti-maker machine Rotimatic is now available in Singapore Mustafa Centre.

Aug 13, 2017

By Kiersnerr Gerwin Tacadena

Weaker Sterling pound badgers ComfortDelgro's Q2 net profit

ComfortDelGro posted a revenue decline for the second quarter due to the weaker Sterling Pound.

Aug 13, 2017

By Kiersnerr Gerwin Tacadena

Airtel drags Singtel's net profit, down 6% to S$892m

Singtel recorded a 6% drop in its net profit due to Airtel's increasing competition in India.

Aug 11, 2017

By Kiersnerr Gerwin Tacadena

GP Industries plans to delist GP Batteries via S$205.6 mln offer

GP Industries said it intends to make a voluntary conditional cash offer of S$205.6 million for shares in GP Batteries International that it does not already own.

Aug 11, 2017

By Aastha Agnihotri

ST Engineering Q2 profit drags; shares fall

Singapore Technologies Engineering on Friday reported a 12 percent decline in the second-quarter net profit due to an S$8.1 million loss from the marine sector.

Aug 11, 2017

By Aastha Agnihotri

City Developments CEO resigns; Q2 profit falls

Property developer City Developments on Friday said its Chief Executive Officer Grant Lewis Kelley has resigned and that it has appointed Sherman Kwek as CEO-designate with immediate effect.

Aug 11, 2017

By Aastha Agnihotri

Noble Group looks to raise $2.5 billion to refinance debt

Here's why Noble shares are up despite H1 loss, debt spike

Shares of debt-laden commodities trader Noble Group surged as much as 20 percent on Friday, despite the Hong Kong-based company reported a quarterly loss and a surge in debt.

Aug 11, 2017

By Aastha Agnihotri

Singtel profit hurt by Bharti Airtel, exceptional charges

Singtel on Friday reported a slightly 6 percent drop in first-quarter profit, hurt by lower contributions from its Indian associate and exceptional charges at Australian unit Optus.

Aug 11, 2017

By Aastha Agnihotri