UPDATE: SG stocks Friday: Genting Singapore, UOB, SembMarine, Challenger, Tee International

Signboard at Genting Singapore's Resorts World Singapore. Photo taken November 2021Signboard at Genting Singapore's Resorts World Singapore. Photo taken November 2021

Singapore companies in focus on Friday, 18 February 2022:

  • Genting Singapore posts 2021 net profit more than doubled despite 2H Covid restrictions
  • SembMarine: Johan Castberg FPSO project delivered to Equinor
  • Challenger Technologies posts 2021 net profit fell 24 percent

Others: UOB, Sasseur REIT, Singapura Finance and Tee International.

This item was originally published on Friday, 18 February 2022 at 12:54 a.m. SGT; it has since been updated to include UOB, Singapura Finance and Sasseur REIT.

Genting Singapore

Casino-resort operator Genting Singapore reported Thursday its 2021 net profit more than doubled to S$183.35 million despite the Singapore government imposing fresh measures in the second half to stem the spread of the Covid-19 virus.

Read more: Genting Singapore posts 2021 net profit more than doubled despite 2H Covid restrictions

Sembcorp Marine

Sembcorp Marine said Thursday it has completed its portion of the Johan Castberg FPSO (Floating, Production, Storage and Offloading) vessel and has delivered it to Equinor.

Read more: SembMarine: Johan Castberg FPSO project delivered to Equinor

UOB

UOB said Friday its Sydney branch has priced A$900 million five-year senior unsecured floating rate notes due 2027.

Read more: UOB Sydney branch prices A$900M 5-year notes

Sasseur REIT

China outlet mall investor Sasseur REIT reported Friday its entrusted management agreement (EMA) rental income for the fourth quarter fell 0.5 percent on-year to 158.4 million yuan, as outlet sales were lower.

Read more: Sasseur REIT posts 4Q21 EMA rental income slipped as Covid hit outlet mall sales

Challenger Technologies

Challenger Technologies reported Thursday its 2021 net profit fell 24 percent on-year to S$17.80 million on reduced Covid-related government support and higher operating expenses.

Read more: Challenger Technologies posts 2021 net profit fell 24 percent

Singapura Finance

Singapura Finance reported Friday its profit after tax for 2021 jumped 102 percent on-year to S$9.62 million, mainly on higher net interest income and hiring charges and lower impairment allowances on loans.

Read more: Singapura Finance reports 2021 profit after tax more than doubled

Tee International

Singapore Exchange Regulation (SGX RegCo) said Thursday it has begun an investigation of potential listing rule breaches by Tee International, and has reported the matter to authorities for potential offences under the Securities and Futures Act.

Read more: SGX RegCo reports Tee Intl to authorities over late disclosures

SIA Engineering, Astaka, Broadway Industrial and others

Singapore company briefs: Luminor Financial Holdings, SIA Engineering, Astaka Holdings, Broadway Industrial Group and Shinvest Holding.

Read more: SG briefs: SIA Engineering, Astaka, Broadway Industrial, Shinvest, Luminor Financial