Companies had started reporting their financial results for the quarter covering 1 Jan to 31 March 2012 (First Quarter 2012).
The following table provides information on net profit attributable to shareholders and year-on-year change between current period in 2012 against corresponding period of 2011. It includes information on dividend declared for the quarter by the board of directors.
|Net Profits||Y-o-Y Change||Dividend|
|Singtel||$ 1,289 m||+ 30.0%||9 cents|
|UOB||$ 688 m||+ 12.4%|
|Great Eastern Life||$ 262.5 m||+ 65.0%|
|StarHub||$ 88.4 m||+ 27.8%||5 cents|
|Hyflux||$ 7.6 m||+ 4.0%|
|Sembcorp Marine||$ 113 m||– 24.9%|
|SIA||Loss $38.2 m||– 122.0%||10 cents|
Note: All companies reported first quarter results except for Singapore Telecom and SIA (fourth quarter results).
Singapore Telecom reported 30.0% more net profit for the quarter on year-on-year to $1,289 million. UOB increased net profit by 12.4% to $688 million. Great Eastern Life had its profit jumping 65.0% to $262.5 million. This will improve OCBC’s net profit figure because Great Eastern Life is a subsidiary of OCBC.
StarHub and Hyflux improved their net profits by 27.8% and 4.0% respectively.
Only Sembcorp Marine and SIA performed worst off on year-on-year basis. Between the two, SIA did worse with a loss of $38.2 million for the quarter, a 122.0% decline over the same period of previous financial year. Sembcorp Marine’s net profit declined 24.9% to $113 million.
Copyright © 2012, limkimtong for Living Investment
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