Ho Bee Investment rated 'hold' by Phillip Securities

Stock Name: Ho Bee
Company Name: HO BEE INVESTMENT LIMITED
Research House: Phillip Securities

Phillip Securities Research in a Feb 25 research report says: "Ho Bee reported a better set of 4Q2010 results, with revenue at $112.1 million, increased 13% y-o-y, and net profit at $115.6 million, upped 168% y-o-y, due mainly to higher recognition of revenue from property development projects in the quarter.

Read more...