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Hosaid
2022-11-03

Sure ✔️

Singapore Stocks to Watch: DBS, CLI, NetLink, The Hour Glass, Nanofilm Tech, SMG

The following companies saw new developments that may affect trading of their securities on Thursday

Singapore Stocks to Watch: DBS, CLI, NetLink, The Hour Glass, Nanofilm Tech, SMG

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·2022-11-03
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Total income for the quarter came in at S$4.54 billion, 28 per cent higher than the previous year.</p><p><b>CapitaLand Investment Limited </b>(CLI) has established two new onshore RMB funds to invest in business park opportunities in China. These are CLI’s first business park private funds in the country.</p><p>The first, China Business Park Core RMB Fund I (CBPCF I), is a RMB380 million ($76 million) fund that was established with four domestic investors.</p><p>CBPCF II, the second fund, is a RMB3.6 billion fund that was established with six domestic investors.</p><p><b>Fibre network infrastructure provider NetLink NBN Trust</b> on Wednesday (Nov 2) reported a 36.1 per cent jump in net profit to S$54.6 million for the half year ended Sep 30, compared to the same period last year.</p><p>The jump in net profit came despite a slower 6.2 per cent rise in revenue to S$199.6 million in H1, compared to the year-ago period, NetLink’s interim financial statements showed. This was due to significantly lower operating expenses in H1, the company noted. In H1 FY22, there was a S$12.4 million remeasurement loss due to change in rental rates upon the renewal of its central office lease agreements.</p><p>Luxury watch retailer <b>The Hour Glass </b>on Wednesday (Nov 2) reported a 35 per cent jump in net profit for the six months ended Sep 30 to S$84.6 million, compared with the same period last year.</p><p>Revenue rose 18 per cent in the half year to S$555.5 million, compared with the year-ago period, the mainboard-listed company’s interim financial statement showed.</p><p>Costs and expenses also increased by 15 per cent to S$466.7 million in H1. The company noted that the higher operating expenses were due to increased staff costs, rental expenses and advertising and promotion activities.</p><p><b>Nanofilm Technologies</b>, which specialises in advanced materials and coatings, on Wednesday (Nov 2) reported a revenue growth of 10 per cent for the nine months ended Sep 30, compared to the same period last year.</p><p>This is despite the challenging operating environment resulting from macroeconomic headwinds, supply-chain disruptions and a slowdown in customers’ capital investment, the mainboard-listed company said in exchange filings.</p><p>Dr Beng Teck Liang, who is leading a takeover offer of <b>Singapore Medical Group</b>, has raised the offer price to 40 cents from the original 37 cents.</p><p>The offer, by Beng, SMG’s CEO and other individuals, was first announced on September 13, adding SMG to the list of SGX-listed companies that are being privatised, or have done so.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stocks to Watch: DBS, CLI, NetLink, The Hour Glass, Nanofilm Tech, SMG\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-03 08:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The following companies saw new developments that may affect trading of their securities on Thursday (Nov 3):</p><p><b>DBS</b> on Thursday (Nov 3) reported a 32 per cent year-on-year rise in net profit for the third quarter, buoyed by higher net interest margins, healthy loan momentum and a stable fee income.</p><p>DBS’ net profit for the three months ended September stood at S$2.24 billion, beating a S$1.87 billion consensus forecast in a Bloomberg survey of four analysts.</p><p>The results translate to an earnings per share of S$3.41, compared with S$2.58 in the year-ago period. Total income for the quarter came in at S$4.54 billion, 28 per cent higher than the previous year.</p><p><b>CapitaLand Investment Limited </b>(CLI) has established two new onshore RMB funds to invest in business park opportunities in China. These are CLI’s first business park private funds in the country.</p><p>The first, China Business Park Core RMB Fund I (CBPCF I), is a RMB380 million ($76 million) fund that was established with four domestic investors.</p><p>CBPCF II, the second fund, is a RMB3.6 billion fund that was established with six domestic investors.</p><p><b>Fibre network infrastructure provider NetLink NBN Trust</b> on Wednesday (Nov 2) reported a 36.1 per cent jump in net profit to S$54.6 million for the half year ended Sep 30, compared to the same period last year.</p><p>The jump in net profit came despite a slower 6.2 per cent rise in revenue to S$199.6 million in H1, compared to the year-ago period, NetLink’s interim financial statements showed. This was due to significantly lower operating expenses in H1, the company noted. In H1 FY22, there was a S$12.4 million remeasurement loss due to change in rental rates upon the renewal of its central office lease agreements.</p><p>Luxury watch retailer <b>The Hour Glass </b>on Wednesday (Nov 2) reported a 35 per cent jump in net profit for the six months ended Sep 30 to S$84.6 million, compared with the same period last year.</p><p>Revenue rose 18 per cent in the half year to S$555.5 million, compared with the year-ago period, the mainboard-listed company’s interim financial statement showed.</p><p>Costs and expenses also increased by 15 per cent to S$466.7 million in H1. The company noted that the higher operating expenses were due to increased staff costs, rental expenses and advertising and promotion activities.</p><p><b>Nanofilm Technologies</b>, which specialises in advanced materials and coatings, on Wednesday (Nov 2) reported a revenue growth of 10 per cent for the nine months ended Sep 30, compared to the same period last year.</p><p>This is despite the challenging operating environment resulting from macroeconomic headwinds, supply-chain disruptions and a slowdown in customers’ capital investment, the mainboard-listed company said in exchange filings.</p><p>Dr Beng Teck Liang, who is leading a takeover offer of <b>Singapore Medical Group</b>, has raised the offer price to 40 cents from the original 37 cents.</p><p>The offer, by Beng, SMG’s CEO and other individuals, was first announced on September 13, adding SMG to the list of SGX-listed companies that are being privatised, or have done so.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CJLU.SI":"网联宽频信托","D05.SI":"星展集团控股","9CI.SI":"凯德投资","AGS.SI":"欧佳时","MZH.SI":"Nanofilm","S08.SI":"新邮政"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131381610","content_text":"The following companies saw new developments that may affect trading of their securities on Thursday (Nov 3):DBS on Thursday (Nov 3) reported a 32 per cent year-on-year rise in net profit for the third quarter, buoyed by higher net interest margins, healthy loan momentum and a stable fee income.DBS’ net profit for the three months ended September stood at S$2.24 billion, beating a S$1.87 billion consensus forecast in a Bloomberg survey of four analysts.The results translate to an earnings per share of S$3.41, compared with S$2.58 in the year-ago period. Total income for the quarter came in at S$4.54 billion, 28 per cent higher than the previous year.CapitaLand Investment Limited (CLI) has established two new onshore RMB funds to invest in business park opportunities in China. These are CLI’s first business park private funds in the country.The first, China Business Park Core RMB Fund I (CBPCF I), is a RMB380 million ($76 million) fund that was established with four domestic investors.CBPCF II, the second fund, is a RMB3.6 billion fund that was established with six domestic investors.Fibre network infrastructure provider NetLink NBN Trust on Wednesday (Nov 2) reported a 36.1 per cent jump in net profit to S$54.6 million for the half year ended Sep 30, compared to the same period last year.The jump in net profit came despite a slower 6.2 per cent rise in revenue to S$199.6 million in H1, compared to the year-ago period, NetLink’s interim financial statements showed. This was due to significantly lower operating expenses in H1, the company noted. In H1 FY22, there was a S$12.4 million remeasurement loss due to change in rental rates upon the renewal of its central office lease agreements.Luxury watch retailer The Hour Glass on Wednesday (Nov 2) reported a 35 per cent jump in net profit for the six months ended Sep 30 to S$84.6 million, compared with the same period last year.Revenue rose 18 per cent in the half year to S$555.5 million, compared with the year-ago period, the mainboard-listed company’s interim financial statement showed.Costs and expenses also increased by 15 per cent to S$466.7 million in H1. The company noted that the higher operating expenses were due to increased staff costs, rental expenses and advertising and promotion activities.Nanofilm Technologies, which specialises in advanced materials and coatings, on Wednesday (Nov 2) reported a revenue growth of 10 per cent for the nine months ended Sep 30, compared to the same period last year.This is despite the challenging operating environment resulting from macroeconomic headwinds, supply-chain disruptions and a slowdown in customers’ capital investment, the mainboard-listed company said in exchange filings.Dr Beng Teck Liang, who is leading a takeover offer of Singapore Medical Group, has raised the offer price to 40 cents from the original 37 cents.The offer, by Beng, SMG’s CEO and other individuals, was first announced on September 13, adding SMG to the list of SGX-listed companies that are being privatised, or have done so.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":104639031,"gmtCreate":1667451425194,"gmtModify":1667451438464,"authorId":4090062734790350,"author":{"id":4090062734790350,"authorId":4090062734790350,"name":"nanehz07","avatar":"https://static.itradeup.com/news/038022539ff9e1b6fe247128b5ed9782","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9985412313,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}