News
UOL Group sees 12% YoY rise in FY23 net earnings
The group’s overall revenue fell which was partially offset by strong performance from its hotel operations.
Gross profit climbs 4.3% in FY23 for Sheng Siong Group, net profit margins stable
The group’s earnings per share ended at 8.89 cents.
Lentor Mansion to attract extended families, landed homeowners
The development is the first project in the Lentor precinct to have 5-bedroom units.
Jardine C&C reports 6% profit growth to $1.6b in FY23, Astra leads performance
Earnings per share ended at 308 US cents for 2023.
Niks Professional records a 2.2% revenue decline due to weak China sales
This was due to weaker sales in China.
Frencken’s net profit slips to $32.5m in FY23
The FY23 net profit represents a 37.4% drop from FY22.
PropertyGuru lays off 79 employees
Affected employees will receive a severance package and extended medical insurance.
CapitaLand Investment’s PATMI down 6% to $781m in FY2023.
CLI has proposed a core dividend of 12 Singapore cents per ordinary share.
Business receipts of service industries rise 4.8% YoY in 4Q23
Recreation & Personal Services had the highest growth in revenue amongst industries.
JTC launches Tampines North Drive 5 tender
It has a site area of 0.5 hectares.
Yangzijiang Shipbuilding's profit up 57% to record $765.4m in FY2023
Final dividend is 6.5 Singapore cents per ordinary share.
SBS Transit’s net profit rises 1.5% YoY to $69.1m in FY23
With improved profit, the company recorded a 1.6% higher earnings per share.
Net profit of Sinarmas Land falls 23.4% YoY to $384.9m in FY23
The company recorded lower net profit despite a 7.9% YoY higher revenue.
OKP secures two LTA contracts to enhance commuter safety
The two contracts are worth a total of $102.1m.
Olam Group’s FY23 PATMI drops 55.7% YoY
PATMI for the period was $278.7m.
OCBC net profit up 27% S$7.02b in FY2023; final dividend is 42 cents
Total dividend of 82 cents is 12% higher than the previous fiscal year.
Commentary
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