Net fair-valuation gains helped lift net profit for worker and student accommodation provider Centurion Corp for its fiscal fourth quarter ended Dec 31, which jumped to S$53.1 million from the year-ago period's S$5.8 million

Fragrance Group's net profit for its fiscal 2018 ended Dec 31 more than quintupled to S$266 million from S$48.5 million in the previous year. For the 12 months ended Dec 31, revenue jumped 64.7 per cent to S$326.2 million from the previous year, from its sale of 555 Collins Street in Melbourne. Fragrance had completed the sale for A$140 million (S$134.7 million) last year.

Rubber chemicals producer China Sunsine Chemical Holdings' fourth-quarter net profit dropped 17.7 per cent to 108.6 million yuan (S$21.9 million) from the preceding year. For the three months ended Dec 31, revenue fell 11.8 per cent to 770.1 million yuan from the year-ago period, on the back of a fall in overall average selling price. Earnings per share slid to 22.11 RMB cents from 26.85 RMB cents in the previous year.b Dividend per share jumped to S$0.055 from S$0.025 in the previous year. For the year, net profit rose 88 per cent to 641.3 million yuan.

Singtel shares fell in early trade on news of associate Bharti Airtel will be undergoing a capital raising exercise.

FY18 net profit for supermarket and convenience store retailer Dairy Farm International Holdings increased 5.2 per cent to US$424 million from the preceding year, the group said in a Singapore Exchange filing on Thursday.

Falling rubber prices and a decline in global macroeconomic sentiment dampened results for rubber supplier Halcyon Agri Corporation in its fourth quarter ended Dec 31. It sank into the red, chalking up a net loss of US$7.4 million, compared with a net profit of US$11.4 million in the previous year, the group said in a Singapore Exchange filing on Thursday.

Source: Business Times, Financial Times