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Best World: Profit More Than Triples To S$34.6 Million.

23 Feb 2017 - ShareInvestor Express
Revenue jumped 97.5% to $200.8 million. Robust balance sheet backed by $54.9 million in cash. Proposed final dividend of 3.0 cents per share and 2-for-1 share split. Poised to continue growth trajectory in FY17...
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Delfi: Profits Up 83.5%, Gross Profit Margin Hits Record 34.8%.

23 Feb 2017 - ShareInvestor Express
Earnings in 4Q 2016 surge as gross profit margin reaches all time high of 38.4% during the quarter. Earnings driven by strong Own Brands sales, pricing and portion adjustments and ongoing cost containment initiatives. Propose final dividend of 1.35 Singapore cents per share, which together with the interim ...
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Fu Yu: Posts 44.4% Increase In Net Profit To S$5.6 Million For 4Q16, Proposes Final Dividend Of 1 Cent Per Share.

23 Feb 2017 - ShareInvestor Express
Final dividend brings total dividends with respect to FY2016 to 1.5 cents per share. Group registered net profit of S$10.5 million on revenue of S$198.6 million for FY2016. Strong balance sheet with cash of S$105.6 million and zero debt. Group continues to focus on business development initiatives to ...
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MVN Asset Management increases stake in Vard Holdings

23 Feb 2017 - Business Times Breaking News
MVN Asset Management has acquired another 317,900 shares of Vard Holdings at S$0.27 apiece, boosting its stake in the Singapore-listed yard group to 6.0388 per cent. In a filing to the Singapore Exchange on Thursday morning, Vard said that the transaction took place on Wednesday.
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Telstra sells 6.5% stake in Autohome to Chinese insurer Ping An

23 Feb 2017 - Business Times Breaking News
AUSTRALIA-BASED Telstra has sold its remaining 6.5 per cent interest in Chinese online business Autohome to Ping An Insurance Group for US$217 million. The divestment reflects how Ping An is now well established as a strategic partner for Autohome, the telco said in a filing to the Singapore Exchange ...
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Singapore grads enjoy higher pay amidst slowing economy

23 Feb 2017 - Singapore Business Review
But they find it hard to secure a full-time permanent job. A survey by Nanyang Technological University (NTU), National University of Singapore (NUS) and Singapore Management University (SMU) revealed that students who graduated from Singapore universities last year are earning a higher starting salary ...

CDL's full-year profit down 11.9% to $762.6m

23 Feb 2017 - Singapore Business Review
Due to the absence of profits recognised a year ago. City Developments Limited report a lower full-year net profit, down 11.9% to $762.6m. This is despite strong residential sales in Singapore and China, and divestments including the sale of Summervale Properties. The lower earnings were due to the absence ...
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Daily Briefing: Singapore amongst the most expensive places to rent; Experts not surprised with government's stance on home curbs

23 Feb 2017 - Singapore Business Review
And here are six changes that may affect your household after Budget 2017. Singapore emerged as the world’s fifth most expensive place to rent a home based on available property listings, according to research done by UK-based property portal, Nested. On average, rental cost here stands at £2.68 (S$4.73) ...

Chart of the Day: Check out which bank recorded the biggest NPL ratio increase in Q4

23 Feb 2017 - Singapore Business Review
The said bank narrowed its gap between the other two. The non-performing loan ratio of DBS and OCBC continued to increase moderately in the past quarter, driven mainly by their lending to oil & gas service companies which have been the most severely impacted by low oil prices. It was UOB which recorded ...
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Daily Markets Briefing: STI up 0.91%

23 Feb 2017 - Singapore Business Review
Check which stocks were the most active. The Straits Times Index (STI) ended 28.01 points or 0.91% higher to 3122.2, taking the year-to-date performance to +8.38%. The top active stocks today were DBS, which gained 1.57%, UOB, which gained 2.11%, OCBC Bank, which gained 1.90%, Wilmar Intl, which declined ...
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