Second quarter 2012 results (Part 5)

Companies had started reporting their financial results for the quarter covering 1 April to 30 June 2012 (Second 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 $ 945 m + 3.2%
StarHub $ 86.8 m + 11.4% 5.0 cents
M1 $ 35.2 m – 17.7% 6.6 cents
CapitaLand $ 385.9 m – 3.3%
City Dev $ 137 m – 37.7%
Keppel Land $ 94.7 m + 87.5%
Comfort Delgro $ 65 m + 8.5% 2.9 cents
SBS Transit $ 4.5 m – 53.4% 1.35 cents
SMRT $ 36.4 m + 4.7%

Note: All companies reported second quarter results except for Singapore Telecom and SMRT (first quarter results).

Singapore Telecom, City Developments, Comfort Delgro and SBS Transit released their results this week. The other listed entities were reported before this blog post and were added here for comparison purposes.

Singtel increased its profit by 3.2% over the corresponding period in previous financial year to $945 million. Out of three telco companies, M1’s profit declined. StarHub’s profit increased by 11.4%. In comparison of size, Singtel is big.

Net profit for City Developments tumbled 37.7% to $137 million. CapitaLand fared better but still a negative growth of 3.3% year-on-year. Keppel Land performed very well with huge profit increase of 87.5%.

Comparing Comfort Delgro with SMRT, Comfort Delgro did better both in percentage increase and dollar quantum. SBS Transit which is a subsidiary of Comfort Delgro continued to have negative growth just like first quarter results. SBS Transit’s net profit for second quarter and percentage growth year-on-year were $4.5 million and -53.4% respectively. (First Quarter: $4.8 million, -59.2%). The challenging environment of Singapore public bus and rail operations were clear.

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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4 Responses to Second quarter 2012 results (Part 5)

  1. wyroby betonowe says:

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  3. Roy says:

    Very nice blog.
    May I ask what is the quickest way to check dividend announcements instead of scanning each counter in SGX website?

    • limkimtong says:

      I do not know any other quickest way. SGX’s My Gateway (web pages) carries company announcements on dividends during every quarter as soon as company releases such information.

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