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|
|SIA Engr||44||5.7||1.19||0.06||2nd Quarter|
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%).
ComfortDelgro continued to do well when compared with SMRT and SBS Transit.
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%).
I see such variations in performances for the above companies in this quarter. The current economic conditions had different impacts on these companies.
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