SINGAPORE (Nov 21): CGS-CIMB Research is keeping its “add” call on BRC Asia with an unchanged target price of $1.90 after the steel reinforcement solutions provider ended FY2019 with a bang. BRC saw it full-year earnings more than double to $31.6 million for FY2019 ended September, from $12.0 m...

MAINBOARD-LISTED steel dealer BRC Asia saw its full-year net profit more than double to S$31.6 million, lifted by the completed acquisition of Lee Metal in July last year.

CGS-CIMB has initiated coverage on mainboard-listed BRC Asia with an "add" call and a target price of S$1.90. The brokerage is bullish on the supplier of prefabricated steel products, which stands to benefit from the recovery of Singapore's construction sector.

SINGAPORE (Aug 1): BRC Asia, the provider of steel reinforcement solutions, says it expects to report higher profits for 3Q19 and 9M19 ended June. In a filing on Wednesday night, BRC Asia says the stronger bottomline for both periods come on the back of commercial and cost synergies from its acquis...

SINGAPORE (Aug 1): BRC Asia, the provider of steel reinforcement solutions, says it expects to report higher profits for 3Q19 and 9M19 ended June. In a filing on Wednesday night, BRC Asia says the stronger bottomline for both periods come on the back of commercial and cost synergies from its acquis...

MAINBOARD-LISTED steel dealer BRC Asia should return to the black in its third quarter, helped by its purchase of industry peer Lee Metal, the board told shareholders on Wednesday.

STEEL-BAR seller BRC Asia's second-quarter net profit soared to S$5.4 million, eight times its S$661,000 profit for the year-ago period, which excluded a S$313,000 gain after tax from discontinued operations.

SINGAPORE (May 14): BRC Asia, the provider of steel reinforcement solutions, reported 2Q19 earnings surged eightfold to $5.4 million from $0.66 million in 2Q18. This brings 1H19 earnings to $11.5 million, representing a near fourfold increase from $3.0 million in 1H18. Following the group’s acqui...

STEEL-BAR seller BRC Asia's second-quarter net profit soared to S$5.4 million, eight times its S$661,000 profit for the year-ago period, which excluded a S$313,000 gain after tax from discontinued operations.