Financial Statements

3 areas in financial statements Singapore companies must improve on

This was according to a study conducted by professors from NTU and SMU. 

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.

CDL Hospitality Trusts net property income up 34.8% in Q3

Properties from Germany, Italy, and Japan turned a profit.

Far East Hospitality Trust net property income up 2.6% to $18.31m

Gross revenue from commercial premises saw a slight uptick in Q3.

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. 

First Resources output growth may exceed 5% in 2021: Maybank Kim Eng

The palm oil producer is expected to make up for its drop in net profit in the next six months.

ComfortDelGro reverses last year’s losses with $91m net profit

The transport company received $57.2m in government reliefs for the first half of the 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.