Third quarter 2013 results (Part 1)

Companies were reporting their financial results for the quarter covering 1 July to 30 September 2013 (Third Quarter 2013).

The following table provides information on net profit attributable to shareholders for the quarter and year-on-year change between current period in 2013 against corresponding period of 2012.

Net Profits Y-o-Y Change NAV/RNAV Dividend
DBS $862 m + 1.0 $13.26 Nil
OCBC $759 m + 5.0 ** $8.10 Nil
UOB $730 m + 3.3 $17.27 Nil
SGX + $92.3m + 24.0 72.1 cents 4 cents
Keppel Corp $457.5 m + 32.1 $4.98 Nil
SembCorp Marine $129.6 m + 12.3 $1.21 Nil
StarHub * $95.3 m – 1.0 68.6 cents 5 cents
M1 $39.5 m +19.4 38.3 cents Nil
CapitaLand $135.5 m – 8.7 $3.74 Nil
Keppel Land $126.4 m + 69.7 $4.15 Nil
SMRT + $14.4 m – 56.8 51.6 cents 1 cent

+ different quarter end other than second quarter
* NAV is for the company and not group
** Based on core earnings excluding one-time divestment gains

Banks showed improvement in net profits change year-on-year (yoy).

SGX did well with 24% increase in net profit yoy.

Both Keppel Corp and SembCorp Marine continued to show they were strong in offshore & marine business. Keppel Corp doing better than SembCorp Marine.

StarHub had negative growth whereas M1’s net profit increased by 19.4%.

CapitaLand’s net profit declined yoy whereas Keppel Land showed almost 70% jump in net profit.

SMRT is a sad case. Its net profit continued to decline now at 56.8% drop. Second quarter result was down 55.2% yoy.

Copyright © 2013, 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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