Singapore Stocks to Watch: SIA, SIA Engineering, Aztech Global, Challenger, Hafary

Tiger Newspress2023-02-20

The following companies saw new developments that may affect trading of their securities on Monday (Feb 20):

Singapore Airlines (SIA): The national airline’s subsidiary Scoot announced on Friday it will add nine new Embraer E190-E2 aircraft to its fleet to support its network growth strategy. It had signed a letter of intent with aircraft lessor Azorra to add the Brazilian aircraft, with the first jet scheduled for delivery in 2024 and the rest to be progressively introduced by end-2025.

SIA Engineering Company (SIAEC): It reported on Friday (Feb 17) lower net profit for its third quarter (Q3) ended Dec 31, 2022, as pandemic-related wage support ended. Net profit for the three months fell to S$12.8 million, down 61.4 percent from S$33.2 million in the corresponding period a year earlier.

Aztech Global: It reported a 45.9 percent fall in net profit to S$24.3 million for the second half of the year ended Dec 31, 2022, from S$45 million a year earlier. Earnings per share for the half year stood at S$0.0315, down from S$0.0588 previously.

Challenger Technologies: It said in a bourse filing that net profit for the six months ended Dec 31, 2022 fell to S$5.1 million, down from S$8.4 milliion in the year-ago period. On a per share basis, earnings fell to S$0.0126 in H2 FY22, down from S$0.0238 in H2 FY21.

Hafary: It posted a profit net of tax of S$19.8 million for the second half of the financial year ended Dec 31, 2022, up 187.1 per year on year from S$6.9 million. Revenue climbed up by 44.6 percent to S$97.6 million, from S$67.5 million a year earlier.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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来人
2023-02-20
来人
Ok
Simonnov
2023-02-20
Simonnov
Ic
Sigit waloyo
2023-02-20
Sigit waloyo
Sip
- Sigit waloyo:
  ok
- Sigit waloyo:
  good morning
- Eellen:
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