June to September 2015 Financial Results (2)

Companies were reporting their financial results for the quarter ended 30 September 2015.

The following table provides information on net profit attributable to shareholders for the quarter and year-on-year change between 2015 against 2014. Dividend column shows dividend declared for the quarter.

Counter Net Profit ($m) YoY Change (%) NAV ($) Div ($) Remarks
DBS 1,066 6.0 15.42 0
OCBC 902 -27.0 7.78 0
UOB 858 -1.0 17.49 0.20
Singtel 1,029 -0.8 1.54 0.068 2nd Quarter
StarHub 118 21.5 0.11 0.05
M1 45 0.8 0.394 0
Keppel Corp 363 -12.4 5.91 0
SembCorp Ind 122 -37.8 3.64 0
SembCorp Marine 32 -75.7 1.433 0
SIA 213 134.0 10.83 0.10 2nd Quarter
SATS 59 27.7 1.305 0.05 2nd Quarter
SIA Engr 44 5.7 1.19 0.06 2nd Quarter
SingPost 53 38.5 0.679 0.015 2nd Quarter
SGX 99 28.0 0.794 0.05 1st Quarter
ComfortDelgro 85.2 5.4 1.052 0
SMRT 25.7 1.9 0.574 0.015 2nd Quarter
SBS Transit 5.4 -5.0 1.07 0
CapitaLand 192 48.3 4.14 0
City Development 106 -16.4 9.53 0.04
UOL 100 -2.0 9.77 0

NAV = Net Asset Value
Div = Dividend

Banks and telecommunication services companies had been commented in the earlier post.

Offshore and Marine Sector

Keppel Corp, SembCorp Industries and SembCorp Marine had reduced profits compared to corresponding period of last year. Keppel Corp (-12.4%), SembCorp Ind (-37.8%) and SembCorp Marine (-75.7%). This sector was badly affected by falling oil prices.

Airline and Aviation Services

SIA, SATS and SIA Engineering performed well, all achieving positive growth in net profits. SIA (+134.0%), SATS (+27.7%) and SIA Engineering (+5.7%).

Land Transport

ComfortDelgro continued to do well when compared with SMRT and SBS Transit.

Property Development

CapitaLand’s net profits increased by 48.3%, whereas City Developments (-16.4%) and UOL (-2.0%) had their net profits reduced. This was a mixed performance for the property developers.

Singapore Post and SGX

Both SingPost and SGX increased their net profits. Singapore Post (+38.5%) and SGX (+28.0%).

General Comments

I see such variations in performances for the above companies in this quarter. The current economic conditions had different impacts on these companies.

Copyright © 2015, 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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