Noble Group reported Monday a first half net profit of US$45.91 million on strong global demand for the company’s traded commodities.
These are Singapore companies which announced share buybacks on Monday, 5 August 2019: Japfa, Stamford Land and Singapore Shipping.
These are Singapore companies which may be in focus on Monday, 5 August 2019: Genting Singapore, Sembcorp, Cache Logistics Trsut and Jardine C&C.
Jardine Matheson and Jardine Strategic both reported Friday slightly weaker underlying net profit for the first half, citing a weaker Indonesian car market.
Jardine C&C reported Friday its first half net profit jumped 147 percent on-year to US$427 million on net non-trading gains.
Kencana Agri warned Friday it expects to report a second quarter net loss, mainly on low crude palm oil prices.
Sembcorp’s installation of a rooftop solar farm on three of Cache Logistics Trust’s properties has been completed, the two companies said Friday.
DBS upgraded Singapore Exchange to Buy from Hold, pointing to strong demand for risk management instruments amid market uncertainty.
Ezion Holdings warned Thursday it expected to report a “significant” net loss for the second quarter and first half due to asset impairments.
Daiwa said a “persistent lack of new orders” could spur a consolidation between SembMarine and peer, Keppel O&M, driven by common shareholder, Temasek.
These are Singapore stocks which may be in focus on Thursday, 1 August 2019: SIA, SGX, Hyflux, Singtel, Stamford Land, No Signboard and Soilbuild.
These are Singapore companies which announced share buybacks on Wednesday, 31 July 2019: SPH, Keppel REIT, Boustead Singapore and Japfa.
SGX reported Wednesday its full-year net profit rose 7.7% on-year to S$391.10M, an 11-year high, on a strong derivatives business performance.
Global Palm Resources warned Wednesday it expects to report a net loss for 2Q19, mainly on a drop in the sales volume and prices of crude palm oil.
CGS-CIMB downgraded Sembcorp Marine to Reduce from Add, saying it was “throwing in the towel for now.”
These are Singapore companies which may be in focus on Wednesday, 31 July 2019: CRCT, Frasers Hospitality Trust, CapitaLand, Starhill Global REIT and F&N.
Indofood Agri reported Wednesday its 2Q19 net loss widened to IDR216.54B from IDR68.60B in the year-ago period on lower selling prices for palm products.
These are Singapore companies which may be in focus on Tuesday, 30 July 2019: SIA, DBS, Ascendas REIT, Sheng Siong and Delong.
Sembcorp Marine reported Tuesday a 2Q19 net loss of S$8.5 million due to accelerated depreciation, but that was narrower on-year.
Delong Holdings said Monday Best Grace Holdings has renewed its conditional takeover bid to acquire all of the company’s shares at S$7.00 each.
These are Singapore companies which may be in focus on Friday, 26 July 2019: ST Engineering, Wilmar, Mapletree Commercial Trust and Sunpower.
Sunpower said Thursday it obtained a more than 30 million yuan contract from new customer Fujian Gulei Petrochemical for manufacturing and services.
These are Singapore companies which may be in focus on Thursday, 25 July 2019: HPHT, Swiber, Oxley, Sunpower, Venture and Prime US REIT.
Swiber said Wednesday its wholly owned subsidiary SOC entered a deal with Hilong Marine Engineering (Hong Kong) (HME) to form a joint venture for pipelines.
Citic Envirotech reported Wednesday its 2Q19 net profit dropped 65.6% on-year to S$14.99 million as engineering revenue and membrane system sales fell.
Sunpower said Wednesday it entered a deal to acquire 90 percent of steam and electricity supplier Changshu Suyuan Thermal Power for around 320 million yuan.
These are Singapore companies which announced share buybacks on Wednesday, 24 July 2019: Olam, Duty Free, Straits Trading and Global Investments.
DBS Bank Indonesia said Wednesday it signed a sustainability-linked export financing loan with PT Sumatera Timberindo Industry (STI), a wooden-door maker.