Top Glove Price target: CGS-CIMB Research ‘reduce’ 50 sen Tough times ahead CGS-CIMB Research analyst Walter Aw has retained his “reduce” call on Top Glove Corporation after the group posted its results for the 4QFY2022 and FY2022 ended August.In 4QFY2022, Top Glove reported a loss of RM52....

Thanks to the post-Covid boom in the tourism sector, KGI Research is keeping its “buy” call on Singapore Airlines (SIA) with a target price of $5.50. KGI also has an entry price of $5.28 and a stop loss price of $5.17. It has also noted that Bloomberg consensus average 12-month target price is $...

Policymakers and central bankers are now compelled to deal with higher-than-expected inflationary pressures, which — if left uncurbed — risk destabilising financial and economic systems and not merely weakening the spending power of consumers.While the fight to rein in inflation is not new, the ...

Analysts are keeping a positive stance on SIA Engineering (SIAEC) following the group's announcement of its 1QFY2023 ended June results.To recap, SIAEC on July 25 announced that its profit after tax was 11.7% lower y-o-y at $12.8 million, while revenue was 36.9% higher y-o-y at $171.5 million. The r...

MAINBOARD-LISTED SIA Engineering reported a 11.7 per cent fall or S$1.7 million in Q1 FY2022-23 ended Jun 30 profit after tax to S$12.8 million Excluding government wage support Q1 FY2022-23 profit after tax would fall to S$4.2 million. (*see amendment note)

THE following companies saw new developments that may affect trading of their securities on Tuesday (Jul 26):

MAINBOARD-LISTED SIA Engineering reported a 15.3 per cent fall or S$1.7 million in Q1 FY2022-23 ended Jun 30 profit after tax to S$12.8 million Excluding government wage support Q1 FY2022-23 profit after tax would fall to S$4.2 million.

SIA Engineering has reported profit after tax of $12.8 million for the 1QFY2022/23 ended June, 11.7% lower y-o-y.The group reported revenue of $171.5 million for the quarter, up 36.9% y-o-y.The increase was largely driven by the increase in line maintenance revenue due to the higher number of flight...

High input costs and interest rates could hurt corporate earnings, especially for companies with high borrowings, says OCBC Investment Research head Carmen Lee.Value or mature companies are less likely to have high debts, she adds. “In addition, with risk assets down for the year, this has a flow-...

BOEING Asia Pacific Aviation Services (Bapas), a joint venture between Boeing Singapore and Singapore-listed SIA Engineering, intends to cease operations in August, SIA Engineering said in a bourse filing on Tuesday (Jul 19). 

BOEING Asia Pacific Aviation Services (Bapas), a joint venture between Boeing Singapore and Singapore-listed SIA Engineering, intends to cease operations in August, SIA Engineering said in a bourse filing on Tuesday (Jul 19). 

BOEING Asia Pacific Aviation Services (Bapas), a joint venture between Boeing Singapore and Singapore-listed SIA Engineering, intends to cease operations in August, SIA Engineering said in a bourse filing on Tuesday (Jul 19). 

Boeing Asia Pacific Aviation Services Pte Ltd (BAPAS), a joint venture between SIA Engineering Company (SIAEC) and Boeing Singapore, will be ceasing operations in August.The JV is 49%-owned by SIAEC while the remaining 51% is owned by Boeing Singapore.The decision comes after shareholders have mutua...

THE following companies saw new developments that may affect trading of their securities on Wednesday (Jul 20):

BOEING Asia Pacific Aviation Services (Bapas), a joint venture between Boeing Singapore and Singapore-listed SIA Engineering, intends to cease operations in August, SIA Engineering said in a bourse filing on Tuesday (Jul 19).