OCBC reported net profit of S$1.3 billion for the fourth quarter ended December 2022, rising 34 percent from S$973 million the previous year as net interest income hit a new quarterly high.
ST Engineering profits for the second half of the year ended Dec 31, 2022, eased 7.1 percent to S$255 million from S$274.4 million, due to energy inflation, higher Transcore expenses and reduced government support, the group said on Friday (Feb 24).
Haw Par Corp reported a 24.5 percent rise in net profit to S$71.1 million for the six months ended Dec 31, 2022, from S$57.1 million in the previous corresponding period.
Riverstone reported a 62.1 percent fall in net profit for the fourth quarter to RM42 million (S$12.7 million), from RM110.7 million in the year-ago period.
HRnetGroup posted an 11.4 percent rise in net profit to S$32.9 million in the six months ended Dec 31, 2022, up from S$29.6 million the year before.