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 Ind||$254.4 m||+ 40.4||$2.84||Nil|
|SembCorp Marine||$129.6 m||+ 12.3||$1.21||Nil|
|Singtel +||$870.4 m||+ 0.3||$1.44||6.8 cents|
|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|
|City Developments||$120.5 m||– 10.4||$8.36||Nil|
|UOL||$93.5 m||+ 6.0||$8.51||Nil|
|SIA +||$160.6 m||+ 78.2||$11.30||10 cents|
|Comfort Delgro||$76.7 m||+ 5.4||98.05 cents||Nil|
|SMRT +||$14.4 m||– 56.8||51.6 cents||1 cent|
|SBS Transit||$3.5 m||– 43.8||$1.11||Nil|
+ different quarter end other than third 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. SembCorp Industries’ net profit increased 40.4% yoy.
StarHub had negative growth whereas M1’s net profit increased by 19.4%. Singtel managed an increase of 0.3% on net profit.
CapitaLand’s net profit declined yoy whereas Keppel Land showed almost 70% jump in net profit. UOL’s net profit increased 6% whereas City Developments’ net profit declined 10.4%. This is mixed bag of results for major property developers.
SMRT is a sad case. Its net profit continued to decline now at 56.8% drop in this quarter. Second quarter result was down 55.2% yoy. Similarly, SBS Transit’s profit was down 43.8%. This shows the difficult environment both transport operators face in Singapore. However, Comfort Delgro showed an increase in net profit by 5.4%.
SIA performed well this quarter, net profit increased by 78.2%. Interim dividend was proposed at 10 cents.
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.