First quarter 2012 results (Part 3)

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

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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