Valuetronics net profits climbs to $31.88m for FY2021

31 May 2021 - Singapore Business Review
This marks a 4.6% increase from $30.48m last year. SGX-listed electronics manufacturing services company Valuetronics reported an increase of 4.6% to $31.88m (HK$187.1m) for the financial year ended 31 March. The group reported relatively stable revenue and profits for FY2021 as compared to FY2020, largely ...
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DBS touts new business platforms for 2021 as Q4 net profits fall 33%

10 Feb 2021 - Singapore Business Review
Net interest income is 6% lower in FY2020 than the previous year. DBS’ chief has highlighted the banks new “growth platforms” with a focus on bolstering its position in key markets and its position as a digital finance leader, as the bank saw its net profit and interest income dive for the fiscal year ...
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Stocks to watch: Sembcorp Industries, ISDN, Soilbuild Construction, Secura

8 Jan 2021 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Friday: Sembcorp Industries: The energy and utilities group on Friday said its India energy arm Sembcorp Energy India has won a 400 megawatt solar power project in the northern Indian region of Rajasthan. The ...
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Singtel records $468.8m net profit in H1

12 Nov 2020 - Singapore Business Review
Its performance was affected by structural challenges, pandemic, and soft economic conditions. Singapore Telecommunications’ (Singtel) recorded a post-tax profit of $468.8m in H1, compared to the net loss of $139.2m over the same period last year, according to an SGX filing. However, its operating revenue ...
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Stocks to watch: Wilmar, Singtel, SGX, Mapletree Commercial Trust, Dyna-Mac, Keppel

17 Sep 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Thursday: Wilmar International: Yihai Kerry Arawana, the Chinese unit of Wilmar International has received final registration approval from the China Securities Regulatory Commission for its listing on the Shenzhen ...
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OCBC's H1 net profit plunges 42% to $1.43b

7 Aug 2020 - Singapore Business Review
Q2 group net profit picked up 5% from Q1 but crashed 40% from a year earlier. OCBC has reported a 42% crash in H1 net profit to $1.43b from $2.45b a year ago as the bank has also set aside higher allowances to cushion expected credit losses, according to an announcement. On a quarterly basis, Q2 group ...
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Yanlord's pre-sales spiked 68.4% YoY to $3.7b YTD

11 Jun 2020 - Singapore Business Review
Nanjing City took the lead as it accounted for 36.8% of the pre-sales figure. Yanlord saw its pre-sale values jump 68.4% YoY to $3.7b (RMB18.92b) in the first five months of May from $2.2b (RMB11.24b) in the same period in 2019, according to an SGX filing. In addition, around $811.62 (RMB4.15b) of subscription ...
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Singapore shares fall 0.8%

20 May 2020 - The Business Times
SINGAPORE shares closed lower on Wednesday, snapping a three-day winning streak as the vaccine-led rally got a much-needed reality check. The Straits Times Index fell 19.39 points or 0.75 per cent to finish at 2,561.94 on Wednesday. In the year to date, the index is down just over 20 per cent. Risk-on ...
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Two security-related stocks hit top volume with price surge, triggering SGX query

20 May 2020 - The Edge Markets
SINGAPORE (May 20): Two security-related small-cap stocks, Secura Group and IPS Securex Holdings, are the two most actively traded counters this morning. Secura surged as high as 8.3 cents, up more than 22% from yesterday’s close of 6.8 cents. Nearly 30 million shares changed hands as at 9.49am. IPS ...
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European IPP Amarenco sets up APAC HQ in Singapore

8 Apr 2020 - Singapore Business Review
It is starting with the acquisition of a 50MW portfolio in Thailand. European independent power producer (IPP) Amarenco has established its Asia-Pacific headquarters in Singapore, according to a press release. Amarenco develops and operates mid to large-scale solar PV infrastructures. The HQ will focus ...
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