SG stocks Thursday: Sembcorp Industries, Singapore Airlines, Aoxin Q&M

A Singapore Airlines Scoot plane on the tarmac at Changi Airport in October 2018.A Singapore Airlines' Scoot plane at Changi Airport

Singapore companies in focus on Thursday, 16 June 2022:

  • Sembcorp Industries to build Jurong Island energy storage systems
  • Singapore Airlines: May passengers surged
  • Aoxin Q&M warns of Covid-related hit to 1H earnings

Sembcorp Industries to build Jurong Island energy storage systems

  • Sembcorp Industries has been appointed by Singapore’s Energy Market Authority to build, own and operate 200 megawatts/200 megawatt hours of energy storage systems, the company said in a filing to SGX Wednesday.

Singapore Airlines: May passengers surged

  • Singapore Airlines reported Wednesday it carried around 1.71 passengers in May, up from 119,600 in the year-ago month and up 17.4 percent from April.

Aoxin Q&M warns of Covid-related hit to 1H earnings

  • Aoxin Q & M Dental Group said Wednesday that temporary Covid-related closures of some operations in Liaoning Province, in China, would have a material adverse impact on earnings for the first half.

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