Singapore Stock Market News

CWT Limited - Earnings continue to soar

StockFanatic
Publish date: Fri, 07 Nov 2014, 02:23 PM
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■ 3Q14 net profit grew 70% y-o-y to S$32.5m on 70% y-o-y growth in revenue to S$3,767m

■ 9M14 net profit up 52% y-o-y to S$97.7m, making up 82% of our full-year forecast

■ Strong 3Q14 performance was led by Commodity Marketing, Financial Services and Logistics Services

Maintain BUY and S$2.08 TP
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