EC World Reit, commonly seen as a proxy to China’s e-commerce logistics growth, posted a distribution per unit (DPU) of 1.386 Singapore cents for Q2 ended June, down 10.4 per cent from a year ago on income retention amid a cautious outlook.

BEVERAGE maker Yeo Hiap Seng (YHS) posted a net loss of S$6.73 million for the six months ended June, reversing a net profit of S$14.6 million a year ago. The heritage brand cited the Covid-19 pandemic as the key reason for the red ink.

THE Vietnamese subsidiary of Darco Water Technologies is pulling out of its proposed acquisition of a 90 per cent stake in Can Giuoc Water Works Limited (Canwaco), the mainboard-listed firm announced in a Friday bourse filing.

MAINBOARD-LISTED Asian Pay TV Trust recorded a 32.5 per cent drop in net profit to S$4.74 million for Q2 FY2020 ended June, amid an increase in operating costs and stiff pricing competition.

THE net profit of beverage maker F&N fell 8.2 per cent to S$118 million for the nine months ended June, as topline took a hit from lower soft drink sales in Malaysia and printing-plant closures amid the Covid-19 pandemic.

IN ITS worst quarterly showing since the opening of its Singapore integrated resorts (IRs) a decade ago, Genting Singapore logged a S$163.3 million net loss for Q2 FY2020 ended June. Its Q2 numbers reverse a S$168.4 million net profit from a year ago and a S$46.6 million net profit from Q1 this...

PROPERTY investor Thakral Corp saw its earnings fall 91 per cent to S$241,000 for the six months ended June, as its topline shrank from Covid-19 related closures and lockdowns.

THE net profit of beverage maker F&N fell 8.2 per cent to S$118 million for the nine months ended June, as its top line took a hit from lower soft drink sales in Malaysia and printing-plant closures amid the Covid-19 pandemic.

MALAYSIAN glove maker Riverstone Holdings posted a 119.3 per cent surge in net profit to RM137.5 million (S$45.27 million) for the six months ended June, driven by the spike in global demand for its healthcare examination gloves, clean-room gloves and face masks.

CSE Global, a tech-solutions provider to the oil and gas and mining industries, saw its earnings for the half year ended June 30 rise 47.7 per cent to S$15.1 million, on the back of contributions from its newly-acquired units in the US and Australia.

FOUR SGX-listed firms have guided for expected losses for the six months ended June: Atlantic Navigation, Ntegrator International, Seroja Investments and Luzhou Bio-Chem Technology.

YANGZIJIANG Shipbuilding posted a 17-per-cent drop in net profit to 773.9 million yuan (S$154.5 million) for Q2 FY2020 ended June, as its top line took a hit from lower contributions from the trading business.