MARKET UPDATES :
STRUCTURAL steel contractor Yongnam Holdings on Wednesday posted net loss of S$5.26 million for the fiscal second quarter ended June 30. A year ago, it had reported profit of S$8.63 million. Turnover plunged 46.5 per cent year on year to S$61.61 million, as no new contracts were secured in the reporting quarter. Consequently, loss per share was 0.42 cents. A year ago, the group posted earnings per share of 0.68 cents.
STOCK RECOMMENDATION :
BUY SIA ENGINEERING ABOVE 4.600 TG 4.660, 4.740, 4.820 SL 4.520
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STRUCTURAL steel contractor Yongnam Holdings on Wednesday posted net loss of S$5.26 million for the fiscal second quarter ended June 30. A year ago, it had reported profit of S$8.63 million. Turnover plunged 46.5 per cent year on year to S$61.61 million, as no new contracts were secured in the reporting quarter. Consequently, loss per share was 0.42 cents. A year ago, the group posted earnings per share of 0.68 cents.
STOCK RECOMMENDATION :
BUY SIA ENGINEERING ABOVE 4.600 TG 4.660, 4.740, 4.820 SL 4.520
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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