News
Frencken’s net profit slips to $32.5m in FY23
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.
Great Eastern's Q4 sales surge ‘read across’ to AIA, Prudential
Jefferies Equity Research said bancassurance played a significant role in driving this growth.
Daily Markets Briefing: STI down 0.51%; The top stock is UOB
UOB is the top stock with a 0.071% decline.
Property investment volume drops 30.6% YoY to $20.8b in 2023
GLS tenders accounted for 37.2% of total investment last year.
Hotel, suburban retail are the investment hotspots in real estate this year, says Colliers
Bright spots seen in the industrial market as well.
Tech, AI drive changes in search for talent in Singapore
By 2030, the skills needed for a job will change dramatically due to AI.
Thomson View Condominium up for collective sale
The reserve price for the asset is $918m.
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