Weekly | T14 Reports Revenue Up 19% To ¥CN8.2B

As of the close on Friday, $Straits Times Index(STI.SI)$ closed at 3,270.51 points, down 1.54% points in the past 5 days. The earnings calendar is attached at the end of the article.

During the last 5 trading days,  $TJ DaRenTang(T14.SI)$, $TAN CHONG INT'L LTD(T15.SI)$, $CDL HOSPITALITY TRUSTS(J85.SI)$, $AEM HOLDINGS LTD(AWX.SI)$ and $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ are the top 5 Weekly gainers, up 7.88%, 5.00%, 2.44%, 2.42% and 2.27% respectively.

$CITY DEVELOPMENTS LIMITED(C09.SI)$, $NIO Inc.(NIO.SI)$, $SATS LTD.(S58.SI)$, $TB2U and $SRI TRANG AGRO-INDUSTRY PCL(NC2.SI)$ are top 5 decliners of SGX stocks which market capital above S$1 Bln.

Below are key analyses of the TOP 5 gainers:

1. $TJ DaRenTang(T14.SI)$

Over the last three years, Tianjin Pharmaceutical Da Ren Tang Group has grown EPS by 12% per year. EBIT margins for Tianjin Pharmaceutical Da Ren Tang Group remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 19% to CN¥8.2b.

With a whopping CN¥75m worth of shares as a group, insiders have plenty riding on the company's success. This should keep them focused on creating long term value for shareholders.

2. $TAN CHONG INT'L LTD(T15.SI)$

Tan Chong International Ltd. operates as an investment holding company, which engages in the distribution of motor vehicles and industrial equipment.

It operates through the following business lines: Motor Vehicle Distribution and Dealership Business, Heavy Commercial Vehicle and Industrial Equipment Distribution Business, Property Rentals and Development, Transportation, and Other Operations.

3. $CDL HOSPITALITY TRUSTS(J85.SI)$

CDL Hospitality Trusts is one of Asia’s leading hospitality trusts with assets under management of about S$3.1 billion as at 31 March 2023. CDLHT is a stapled group comprising CDL Hospitality Real Estate Investment Trust, a real estate investment trust, and CDL Hospitality Business Trust, a business trust.

CDLHT was listed on the Singapore Exchange Securities Trading Limited on 19 July 2006. M&C REIT Management Limited is the manager of H-REIT, the first hotel real estate investment trust in Singapore, and M&C Business Trust Management Limited is the trustee-manager of HBT.

As at 31 March 2023, CDLHT’s portfolio comprises 19 operational properties (including a total of 4,820 rooms and a retail mall) and one Build-to-Rent project in the pipeline with 352 apartment units. The properties under the portfolio include:

4. $AEM HOLDINGS LTD(AWX.SI)$

AEM Holdings Ltd. operates as an investment holding company. The firm engages in the provision of handling and test solutions. It operates through the following segments: Equipment Systems Solutions (ESS), System Level Test & Inspection (SLT-i), Micro-Electro-Mechanical Systems (MEMS), Test and Measurement Solutions (TMS) and Others.

The ESS segment provides customized system solutions involving precise speed motion and mechanical design to both mass volume manufacturers and new technology development laboratories.

The SLT-I segment provides solutions that bridge the growing gap between user applications and standard ATE coverage with IC designs and packaging techniques.

The MEMS segment provides test solutions for Micro-Electro-Mechanical Systems and special wafer probing needs ranging from the R&D phase to high volume production and system-level testing which enables manufacturers to achieve the lowest cost-of-test, reduced time to market, effective process cycle, accurate stimulus and high production yields.

The TMS segment engages in the research, development and production of advanced communications and industrial test solutions. The Others segment includes non allocated, dormant companies and other activities.

5. $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$

Frasers Logistics & Commercial Trust engages in the business of investing in diversified portfolio of income producing real estate assets.

It operates under the Logistics and Industrial, and Commercial segments. The Logistics and Industrial segment focuses on Australia, Europe, and the United Kingdom. The Commercial segment includes Australia, Singapore, and the United Kingdom.

The SG earnings for next week:

$MAPLETREE LOGISTICS TRUST(M44U.SI)$

$ASCENDAS REAL ESTATE INV TRUST(A17U.SI)$ $DBS GROUP HOLDINGS LTD(D05.SI)$

$ARA US HOSPITALITY TRUST(XZL.SI)$ $Aztech Gbl(8AZ.SI)$ $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$ $OUE COMMERCIAL REIT(TS0U.SI)$

$AIMS APAC REIT(O5RU.SI)$ $GREAT EASTERN HLDGS LTD(G07.SI)$