CGS-CIMB has initiated coverage on contract manufacturer Hi-P International with a "hold" recommendation and a target price of S$1.23.

CGS-CIMB has initiated a “hold” rating and target price of $1.23 for Hi-P International, believing its strong balance sheet will support mergers and acquisitions (M&A) that could drive growth for the group. The group provides one-stop solutions to customers in wireless telecommunications, co...

CGS-CIMB has initiated coverage on contract manufacturer Hi-P International with a "hold" recommendation and a target price of S$1.23.

Singapore is “one step closer to dawn”, according to DBS Group Research analysts Yeo Kee Yan and Janice Chua, after companies’ earnings in 2Q20 bore the brunt of the global lockdowns with a sharp 14.9% cut in FY20F earnings for stocks covered by the bank. “With global economies reopening, ma...

Analysts are keeping a rather bearish stance on Hi-P International following its announcement of a 3.3% y-o-y drop in 1H20 earnings to $24.2 million from $25.0 million in 1H19.  The lower earnings came on the back of a 5.1% y-o-y drop in revenue to $543.8 million, which the company attributed t...

THE net profit of contract manufacturer Hi-P fell 3.3 per cent to S$24.2 million for H1 FY2020 ended June, even as its revenue for the period fell 5.1 per cent to S$543.8 million due to the impact of the Covid-19 pandemic.

HI-P International, a global contract manufacturer of smartphones, tablet computers and other consumer electronics, saw its net profit falling by a slight 3.3 per cent to S$24.2 million for the half year ended June 30, 2020, from S$25 million a year ago.

Hi-P International reported a 3.3% dip in earnings for 1H20 ended June to $24.2 million, from $25.0 million a year ago. This translates to earnings per share (EPS) to 3 cents, down 3.8% from the 3.12 cents during the same period last year. Revenue declined 5.1% y-o-y to $543.8 million mainly due to ...

With its new pact with Nasdaq Inc., Singapore Exchange Ltd. has thrown its hat into the ring to attract listings from the world’s hottest sector. But skepticism abounds over whether this strategy will succeed. The Singapore exchange on Tuesday said it will extend its partnership with the tech-focu...

SHARES of Hi-P International rose on Monday, prompting a query from the Singapore Exchange (SGX) about the "unusual price movements".