THE following companies saw new developments that may affect trading of their securities on Tuesday (Apr 19):
SIA: Singapore’s aviation sector appears to be strengthening, as flag carrier SIA posted a 64 per cent increase in passengers carried in March 2022 at 893,000, up from 544,600 the month before.
In its March 2022 operating results, SIA also noted that the group’s passenger capacity measured in available seat-kilometres reached 51 per cent of pre-Covid-19 levels in March 2022.
Keppel Infrastructure Trust: The trustee-manager of Keppel Infrastructure Trust on Monday reported a 21.1 per cent decline in distributable income for the first quarter ended Mar 31, 2022 at S$44.7 million, from S$56.6 million a year earlier.
This was due to a decline in distributable income contributed by Ixom within its distribution and storage segment by 20.7 per cent to S$19.4 million. The company provides specialised source water, water and waste water treatment solutions to supply clean water. It also supplies key water treatment chemicals, industrial and specialty chemicals.
Aztech Global: Mainboard-Listed Aztech Global posted a 5.3 per cent rise in net profit to S$13.9 million year on year for the three months ended Mar 31.
In its business update on Monday, revenue for the design and manufacturing services provider increased 10.4 per cent to S$128 million year on year. The group attributed its performance to strength in Internet-of-Things (IoT) devices and data communication products demand.
Notably, the company said that revenue from IoT devices and data communication products rose 16.4 per cent to S$123.7 million year on year, accounting for 96.6 per cent of the group’s total revenue.
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