To The Moon

Next week will be a crucial earnings period for SGX-listed companies. Several key players will report their financial results, giving investors a clearer picture of their performance.

• February 19: UOB

• February 20: SIA, Wilmar, Genting Singapore

• February 21: Seatrium, SATS

DBS has already kicked off earnings season with impressive results this week, setting the tone for the banking sector.

DBS Group Holdings (D05.SI)

Will UOB Follow in DBS’s Footsteps?

DBS and UOB have similar business models, focusing heavily on lending, wealth management, and regional expansion. Given that DBS reported strong earnings, there’s reason to be optimistic about UOB’s performance as well. However, each bank has its own unique risk exposure, so it remains to be seen whether UOB can match DBS’s strong results. Investors will be watching for insights into net interest margins, loan growth, and potential provisions for bad debts.

UOB (U11.SI)

SIA: Benefiting from a Tourism Boom?

Singapore Airlines (SIA) is another company to watch closely. With international travel continuing to recover and Singapore seeing a strong influx of tourists, SIA could post solid earnings. The reopening of key travel markets like China and Japan, coupled with strong demand for premium travel, may boost revenue. Investors will look at passenger yield, load factors, and cost pressures such as fuel prices.

SIA (C6L.SI)

Seatrium and SATS: Industrial and Aviation Recovery

Seatrium, formerly known as Sembcorp Marine, will release its earnings on February 21. The company has been navigating a challenging offshore and marine sector, but recent contract wins and restructuring efforts may help its recovery. Investors will assess its profitability and order book strength.

Meanwhile, SATS, a major aviation ground-handling and catering provider, could benefit from increased air travel. However, operational costs might impact margins.

Other Key Players: Wilmar and Genting Singapore

Wilmar, one of Asia’s largest agribusiness groups, will report earnings on February 20. Commodity price volatility, global demand, and supply chain factors will be key areas to watch.

Genting Singapore, which operates Resorts World Sentosa, may see positive earnings from the tourism rebound. Visitor numbers and casino revenue trends will be crucial indicators.

Which SGX Stock Do You Favor?

With multiple earnings reports ahead, investors will have plenty of opportunities to assess which companies are positioned for strong growth. Are you bullish on UOB following DBS’s lead? Do you think SIA will soar on strong travel demand? Or do you see opportunities in industrial and gaming stocks like Seatrium and Genting Singapore?