Financial Statements
SingPost’s operating profit rises 46% YoY to $38m
The increase was driven by higher profit in domestic post and parcel.
SingPost’s operating profit rises 46% YoY to $38m
The increase was driven by higher profit in domestic post and parcel.
First Resources Limited’s full-year profit soars 61.6% YoY to $218.23m
This is on the back of its record-breaking sales of $1.4b in FY21.
Sembcorp FY21 net profits strong at $279m
It showed a 78% increase from $157m in 2020.
Raffles Medical Group’s H2 2021 net profit declines 7.2% to $44.88m
This is despite a 16.3% increase in its revenue during the same period.
Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21
Among the reasons for the decline is the weaker non-intertest income of banks.
SGX RegCo questions Metech International shares
The stock saw a contradicting rise of 51%, despite the STI observing a dip of 4.2% during the period.
3 areas in financial statements Singapore companies must improve on
This was according to a study conducted by professors from NTU and SMU.
First Resources sales heighten by 89.2% to $424.8m for Q3
This was driven by the group's higher average selling prices of palm oil.
SATS recovery continues with 27.2% YoY revenue growth
This brings the group's revenue to $293m in H1 for the current FY.
Singapore Airlines revenue up 73% to $2.827m in H1
The growth is attributed to the improvement of passenger and cargo segments.
Frencken's gross profits increase 14.9% to $33.5m in Q3
Its profit margin increased to 17.1% due to increased material, freight costs.
Far East Hospitality Trust net property income up 2.6% to $18.31m
Gross revenue from commercial premises saw a slight uptick in Q3.
CDL Hospitality Trusts net property income up 34.8% in Q3
Properties from Germany, Italy, and Japan turned a profit.
Thomson Medical Group posts $16.9m profit in H1 2021
This is following a net loss of $98m in the same period last year.
China Aviation Oil earnings to recover in 2022: RHB
This is due to slower improvement of domestic aviation traffic in China.
Yanlord contracted sales to decline in 2021: OCBC
SGX-listed Yanlord Land reported a 67.1% increase in its PATMI in the first half of the year.
Wilmar International to post stronger H2 results: analysts
The agribusiness giant recorded a 23% increase in its PATMI in the first half.
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Singapore Companies Eye Vietnam to Navigate Manufacturing Shifts, Green Transition, and the AI Revolution