The Hour Glass FY16 results

The Hour Glass (HG) is a luxury watch retailer group founded in 1979 in Singapore. It has presence with over 40 boutiques in 9 cities in Asia Pacific region, including Singapore, Malaysia, Australia, Thailand, Japan and Hong Kong. More than 20 boutiques are located in Singapore, which is also its headquarter. It sells luxury watches … Continue reading The Hour Glass FY16 results

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First Resources Part 4 (2016 Q1 result)

First Resources’ share price fell 5% today after releasing its bad 16Q1 results with net profit down 77.9% yoy. The bad result was partly expected after it released its bad Q1 production data with CPO production down 17.1% yoy in mid April. Other factors have caused the profit to be lower than expected. Source: Company's … Continue reading First Resources Part 4 (2016 Q1 result)