The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 8):
Singapore Airlines on Tuesday (Nov 7) posted a 55.4-per-cent-higher net profit of S$1.4 billion for the first six months of its financial year ended Sep 30, from S$926.9 million a year earlier. This comes on the back of an 8.9 percent rise in revenue over the same period to S$9.2 billion, from S$8.4 billion last year. The higher net profit came amid a 15.3 percent year-on-year fall in net fuel costs to S$2.3 billion for the half-year period.
Seatrium posted a net order book of S$17.7 billion as at Sep 30, 148.9 percent higher than the S$7.1 billion it reported, as Sembcorp Marine, a year earlier. Projects related to renewables and green solutions contributed to about 40 percent of the net order book, said the offshore and marine group in a business update on Wednesday (Nov 8).
Keppel Reit has priced S$200 million notes with a fixed coupon rate of 3.72 percent per annum due 2026, the Reit manager announced in a bourse filing on Tuesday (Nov 7). The Series 006 notes are expected to be issued on Nov 15 at an issue price of 100 percent in denominations of S$250,000. Interest on the notes will be payable semi-annually.
Lendlease Global Reit on Tuesday (Nov 7) posted a committed portfolio occupancy of 99.9 per cent for the first quarter ended Sep 30, unchanged from the previous quarter. It also noted that leases expiring in FY2024 have been de-risked to 3.9 per cent by NLA and 7.8 per cent by GRI in the first three months of FY2024.
Nanofilm posted a 29 percent year-on-year decline in group revenue, to S$128 million for the nine months ended Sep 30, 2023. It said: “The operating environment for Q3 2023 continued to be challenging, exacerbated by macro headwinds and the dampening of overall consumer sentiment.”
