Singapore Stocks to Watch: Wilmar, SIA, CapitaLand Investment, Great Eastern, Nanofilm, Vicom

Tiger Newspress2023-02-22

Wilmar posted an 8.6-per-cent rise in net profit to US1.2 billion for its second half (H2) in the six months ended Dec 31, 2022, up from US$1.1 billion in the same period a year prior.

SIA posted record operating profits for its third quarter (Q3) on the back of robust demand for air travel across its network. Operating profit for the three months ended Dec 31, 2022, rose 11.4 percent to S$755 million, up from S$678 million in the second quarter –which was itself a quarterly record then.

The manager of CapitaLand Ascendas Reit(Clar) announced Tuesday (Feb 21) that it has appointed investment banking veteran Choo Oi Yee as a non-executive independent director.

Great Eastern’s profit for the second half of the year ended Dec 31, 2022 declined 37 percent to S$281.3 million, from S$443.1 million for H2 2021. Gross premiums for H2 fell 21 percent to S$7.7 billion from S$9.8 billion, due to lower sales in single premium products.

Nanofilm posted a 43.6 percent drop in net profit to S$25 million in the six months ended Dec 31, 2022, down from S$44.3 million the year before. This was mainly due to a fall in revenue during the second half of FY2022, along with an increase in some expenses.

Vicom on Tuesday (Feb 21) posted a 2.4 per cent increase in net profit to S$13.1 million for the second half ended December 2022, from S$12.8 million the previous year.

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.

Comments

VivianChua
2023-02-22
VivianChua
Nice 💚 💚 💚
n86887
2023-02-22
n86887
Cool
Ztradee
2023-02-22
Ztradee
Lets hope Sg stocks do much better this year, against all odds.
LimBT
2023-02-22
LimBT
Ok

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Great Eastern, Nanofilm, Vicom\n</h2>\n\n<h4 class=\"meta\">\n\n2023-02-22 08:45 北京时间&nbsp;&nbsp;&nbsp;<strong>Tiger Newspress</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wilmar posted an 8.6-per-cent rise in net profit to US1.2 billion for its second half (H2) in the six months ended Dec 31, 2022, up from US$1.1 billion in the same period a year prior.SIA posted ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"G07.SI","symbol_name":"大东方控股","start_time":0,"source_url":"","article_id":"1138447544","we_media_id":"1079075236","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1138447544","pubTimestamp":1677026735,"sourceInfo":null,"weMediaInfo":{"media_name":"Tiger Newspress","introduction":"Providing stock market headlines, business news, financials and earnings 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S$12.8 million the previous year.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9957341510,"gmtCreate":1677039354730,"gmtModify":1677039358728,"author":{"id":"3580011914778910","authorId":"3580011914778910","name":"VivianChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3580011914778910","authorIdStr":"3580011914778910"},"htmlText":"Nice 💚 💚 💚&nbsp;","listText":"Nice 💚 💚 💚&nbsp;","text":"Nice 💚 💚 💚","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957341510","repostId":1138447544,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9957359998,"gmtCreate":1677031364314,"gmtModify":1677031368198,"author":{"id":"4110119270548472","authorId":"4110119270548472","name":"n86887","avatar":"https://community-static.tradeup.com/news/c510165e512da25b8a7521d146874ef1","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4110119270548472","authorIdStr":"4110119270548472"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957359998","repostId":1138447544,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9957327255,"gmtCreate":1677030259578,"gmtModify":1677030262800,"author":{"id":"4110585089676882","authorId":"4110585089676882","name":"Ztradee","avatar":"https://community-static.tradeup.com/news/aae667a79e97974cfc4b276d6bff87f8","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":3,"crmLevelSwitch":0,"idStr":"4110585089676882","authorIdStr":"4110585089676882"},"htmlText":"Lets hope Sg stocks do much better this year, against all odds.","listText":"Lets hope Sg stocks do much better this year, against all odds.","text":"Lets hope Sg stocks do much better this year, against all 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