Singapore
Niks Professional records a 2.2% revenue decline due to weak China sales
Niks Professional records a 2.2% revenue decline due to weak China sales
This was due to weaker sales in China.
Frencken’s net profit slips to $32.5m in FY23
The FY23 net profit represents a 37.4% drop from FY22.
CapitaLand Investment’s PATMI down 6% to $781m in FY2023.
CLI has proposed a core dividend of 12 Singapore cents per ordinary share.
Business receipts of service industries rise 4.8% YoY in 4Q23
Recreation & Personal Services had the highest growth in revenue amongst industries.
JTC launches Tampines North Drive 5 tender
It has a site area of 0.5 hectares.
Yangzijiang Shipbuilding's profit up 57% to record $765.4m in FY2023
Final dividend is 6.5 Singapore cents per ordinary share.
SBS Transit’s net profit rises 1.5% YoY to $69.1m in FY23
With improved profit, the company recorded a 1.6% higher earnings per share.
Net profit of Sinarmas Land falls 23.4% YoY to $384.9m in FY23
The company recorded lower net profit despite a 7.9% YoY higher revenue.
OKP secures two LTA contracts to enhance commuter safety
The two contracts are worth a total of $102.1m.
Olam Group’s FY23 PATMI drops 55.7% YoY
PATMI for the period was $278.7m.
OCBC net profit up 27% S$7.02b in FY2023; final dividend is 42 cents
Total dividend of 82 cents is 12% higher than the previous fiscal year.
Great Eastern's Q4 sales surge ‘read across’ to AIA, Prudential
Jefferies Equity Research said bancassurance played a significant role in driving this growth.
Daily Markets Briefing: STI down 0.51%; The top stock is UOB
UOB is the top stock with a 0.071% decline.
4 cool building strategies that mitigate the rising heat in Singapore
Singapore’s warming rate is double the global average at 0.25 degrees Celsius per decade.
Property investment volume drops 30.6% YoY to $20.8b in 2023
GLS tenders accounted for 37.2% of total investment last year.
Tech, AI drive changes in search for talent in Singapore
By 2030, the skills needed for a job will change dramatically due to AI.
Thomson View Condominium up for collective sale
The reserve price for the asset is $918m.
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