MAINBOARD-LISTED precision manufacturer Broadway Industrial Group has warned of an expected first-quarter net loss, in a guidance from the board on Friday.
The company expects a net loss for the period to March 31 on lower revenue from the hard disk drive business, based on a review of draft financial results. More details will be available in the full financial results, which are due by May 15, with the board advising shareholders to exercise caution when dealing in Broadway shares until then.
Broadway had previously reported a net loss of S$110,000 for its fourth quarter to Dec 31, which was sharply narrower than the S$15.7 million loss in the same period the year before.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Indofood Agri Resources sinks into red with Q1 net loss of 57.79b rupiahINDOFOOD Agri Resources posted a net loss of 57.79 billion rupiah (S$5.5 million) for the first quarter ended March 31, 2019, from a net profit of 49.80 billion rupiah in the year-ago period. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
StarHub Q1 net profit falls 14.2% on cybersecurity investment lossesLOSSES in the fledgling cybersecurity business sent earnings tumbling at mainboard-listed telco StarHub in the first quarter, according to unaudited results released on Friday evening. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China Sunsine posts 26% drop in Q1 net profit to 110.2m yuanSPECIALTY rubber chemicals producer China Sunsine Chemical Holdings on Monday posted a 26 per cent fall in net profit to 110.2 million yuan (S$22.3 million) for the first quarter ended March 31. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Samsung Electronics Q1 net profit slumps 56.9%[SEOUL] Samsung Electronics, the world's biggest smartphone and memory chip maker, reported a slump in first-quarter net profits Tuesday, in the face of a weakening chip market. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
iFast net profit down 41.8% to S$1.6m for Q1WEALTH management fintech platform iFast Corporation on Saturday posted a 41.8 per cent decline in its bottom line to S$1.6 million for the three months ended March 31, from a net profit of S$2.75 million in the year-ago period. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Citic Envirotech Q1 net profit slumps 92.2% to S$3.08mCITIC Envirotech's net profit plunged 92.2 per cent to S$3.08 million for the first quarter ended March 31, as two major projects in China experienced delays due to adverse wintry conditions. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Delong warns of lower Q1 profit on lower selling prices, higher costsCHINESE steelmaker Delong Holdings said on Thursday morning that it expects to report a lower first-quarter net profit for the three months ended March 31, mainly due to a decrease in the average selling prices of products as well as higher cost of sales per tonne. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
GL Limited posts Q3 net loss on flat revenue, higher costsFLAT revenue and higher expenses led hospitality group GL Limited, formerly known as GuocoLeisure, to post net losses of US$3.3 million for its third quarter ended March 31, a reversal from a net profit of US$24 million a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Brazil led world in rainforest losses in 2018 despite decline from 2017: Research groupBrazil led the world in rainforest destruction last year, although deforestation in South America's largest country fell by 70 percent compared to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
DBS Q1 mortgage book shrinks for first time in yearsDBS Group Holdings, the nation's largest home loan provider, saw its mortgage book shrink for the first time in years in the first quarter of 2019, chief executive Piyush Gupta said on Monday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Procurri Q1 earnings surge 75% to S$1.8mPROCURRI Corporation posted a 75 per cent rise in net profit to S$1.8 million for the first quarter ended March 31, from S$1.0 million a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »