SGX Weekly Review｜AEM Soared 25%; UMS Surged 22%; Riverstone Jumped 19%; Genting Sing Fell 13%; ComfortDelGro Down 10%

Singapore stocks rose this week, with the STI up 1.36%.

In terms of individual stocks, $AEM SGD(AWX.SI)$ up 25%; $UMS(558.SI)$ up 22%; $Riverstone(AP4.SI)$ up 19%; $Genting Sing(G13.SI)$ fell 13%; $ComfortDelGro(C52.SI)$ down 10%.

AEM quadruples Q1 profit to S$14.3 million, raises FY2026 revenue guidance by 20%

Semiconductor test solutions provider AEM : AWX -6.66% posted S$14.3 million in net profit for the first quarter ended Mar 31, more than quadrupling from S$3.3 million in the year-ago period.

The company also raised its FY2026 revenue guidance by 20 per cent to between S$550 million and S$600 million, it said in a business update after trading hours on Wednesday (May 13).

$UMS(558.SI)$ Integration jumped 22% after posting ‘strong’ double-digit sales growth in Q1

UMS Integration shares surged 22% this week after the company posted a 43 per cent jump in earnings to S$14 million for its first quarter ended Mar 31, from S$9.8 million in the previous corresponding period.

The counter rose as much as 14.4 per cent or S$0.34 to S$2.70 at 9.33 am on Tuesday, with 10.6 million shares changing hands. By 10.11 am it had eased to S$2.57, still up 8.9 per cent or S$0.21, with 15.1 million shares traded. It closed at S$2.60, 10.2 per cent or S$0.24 higher, with more than 31.1 million shares transacted.

$Riverstone(AP4.SI)$ Q1 profit falls 27.1% to RM41.1 million on a stronger ringgit

Glove manufacturer Riverstone Holdings posted a 27.1 per cent drop in net profit to RM41.1 million (S$13.3 million) for its first quarter ended Mar 31, 2026, from RM56.4 million in the previous corresponding period.

In an update released on Friday (May 8), the mainboard-listed company attributed the decline to the strengthening of the Malaysian ringgit against the US dollar throughout the quarter, which weighed on the group’s performance.

$Genting Singapore(GIGNF)$ Q1 net profit drops 55% to S$65.2 million on lower gaming revenue

Genting Singapore , which operates Resorts World Sentosa (RWS), on Tuesday (May 12) posted a net profit of S$65.2 million for its first quarter ended Mar 31, down 55 per cent from S$145 million in the year-ago period.

Group revenue fell 3 per cent on the year to S$607.6 million from S$626.2 million, driven by lower gaming revenue which dropped 8 per cent to S$403.4 million from S$437.5 million.

Middle East war hits $ComfortDelGro(C52.SI)$’s UK taxi business; Q1 profit down 16.1%

Transport player ComfortDelGro’s (CDG) net profit fell 16.1 per cent to S$40.5 million in the first quarter ended Mar 31, amid challenges in the taxi and private-hire vehicle business.

Revenue for the quarter was up 5 per cent at S$1.2 billion – of which S$814.5 million was from the public transport business. The segment’s revenue rose 7.2 per cent, while operating profit was up 2.7 per cent at S$37.7 million.