Financial Statements
Sinarmas Land net profit rebounds to $123.04m
This is a massive improvement from the $1.3m recorded for the same period last year.
Sinarmas Land net profit rebounds to $123.04m
This is a massive improvement from the $1.3m recorded for the same period last year.
First Resources net profit down 16.7% amidst volatile palm oil prices
First Resources’ reported a net profit of $32.6m for the first half of the year.
Olam Group EBIT jumps 51.4% to $641.6m
The company plans to list Olam Food Ingredients in both the London Stock Exchange and SGX soon.
Cromwell European REIT net property income up 11.4% to $102.49m
Its income was driven by higher revenue from freshly acquired assets in Italy, the Czech Republic, and Slovakia.
ST Engineering net profit up 15% to $296.1m
The company secured $3.37b worth of new contracts for the first half of 2021.
Sembcorp net profit at $46m in first half
Net profit before exceptional items went up at a nice 69% at $252m.
SingPost EBIT slips by 2% to $21m
Its international post and parcel business continue to be affected by disruptions caused by COVID-19.
Hong Leong Finance net attributable profit up 22.4% to $44.7m
The company ranks 665th in the Top 1000 World Banks 2021.
China Aviation Oil recovery pushed back to FY 2022: DBS
DBS Group Research cut the jet fuel trader’s profit projections by 26% for 2021.
OCBC net profit soars by 86% to $2.6b in first half
The net profit growth was driven by a robust banking and insurance performance.
UOB net profit up 29% to $2b in first half of 2021
Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.
Is SIA on a runway to recovery?
The flag carrier narrowed its net loss to $409m for the first quarter.
Sembcorp sees positive net profit in H1 despite impairment in Chongqing power plant
It will release its unaudited financial results on 6 August.
Sembmarine sinks $647m in net loss for H1 2021
COVID-19 disruptions continue to cause delays in its projects.
Jardine Matheson underlying profit up 65% amidst challenging conditions
Its underlying profit of $832.2m is still 17% below pre-COVID levels.
Keppel’s net profit rebounds to $300m in H1 2021
All of its key businesses were profitable in the first six months of the year.
CapitaLand China Trust net property income up 84.4% to $120.3m
It plans to expand in the coming months, on the back of China’s economic recovery.
Commentary
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