Singapore Residential - Property Market Outlook - Green Shoots Emerging (Part 4 of 4)

Singapore Residential - Property Market Outlook - Green Shoots Emerging (Part 3 of 4)

APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

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<a href="https://www.smartkarma.com/entities/20376" target="_blank" data-smartkarma-citation="entities:20376:1">Design Studio Group Ltd (DSG SP)</a> reported its 1H2017 results last night.Key highlights<ul>
<li>Total revenue was up 0.6% YoY while 1H2017 hospitality and commercial revenue was up 32% YoY to S$43.3m from S$32.7m.  </li>
<li>Contracts work-in-progress increased by S$9.3 million to S$14.6 million,  pending certification by clients.</li>
<li>
Cash on hand remains strong at S$42.5m. Its cash position relative to its past eight years is still strong and above the average of S$36.5m</li>
</ul><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/030/514/original/Cash-Cash-Equiv-since-1H2010-Cash-Cash-Equiv-SGDm-_chartbuilder.png?1501094816" class="editor-image img-responsive" data-smartkarma-image-id="30514"></figure><ul><li>In 1H2017 results,  dividend will be maintained…</li></ul>

Design Studio Group Ltd (DSG SP) reported its 1H2017 results last night.Key highlights
Total revenue was up 0.6% YoY while 1H2017 hospitality and commercial revenue was up 32% YoY to S$43.3m from S$32.7m.  
Contracts work-in-progress increased by S$9.3 million to S$14.6 million,  pending certification by clients.

Cash on hand remains strong at S$42.5m. Its cash position relative to its past eight years is still strong and above the average of S$36.5m
In 1H2017 results,  dividend will be maintained…

Design Studio 1H2017: YTD +39%, Maintains Dividend, and Now Sets Its Sight on Regional Markets