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Singapore Stocks to Watch: Genting, ST Engineering, Golden-Agri, Keppel Corp

Tiger Newspress2023-05-15

The following companies saw new developments that may affect trading of their securities on Monday (May 15):

Genting Singapore saw its net profit after taxation more than triple to S$129.2 million for the first quarter ended Mar 31, 2023, from S$40.4 million in the year-ago period.

Singapore Technologies Engineering (ST Engineering) has reported revenue of $2.3 billion for the 1QFY2023 ended March 31, 13% higher y-o-y and higher than the group’s pre-Covid-19 results during the 1QFY2020.

Normalised crude palm oil prices sent net profit for Golden Agri-Resources falling 51 percent to US$92 million in its first financial quarter ended Mar 31, from US$188 million the year before.

Keppel Corporation announced on Friday (May 12) that its subsidiary Keppel Land has terminated the agreement to divest its 100 percent equity interest in Flemmington Investments.

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  • icycrystal
    ·2023-05-15
    Thanks for sharing
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  • Chang yongno
    ·2023-05-15
    Share your opinion about this news…
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