Latest quarterly results (Part 2)

Companies were starting to release their latest quarterly financial results. I looked at some blue-chip companies that are mainly from the STI component stocks. Some are mid-cap stocks. Most companies have 31 December as their year-end.

The table shows financial result of 6 companies.

Stock Net Profit ($m) Change (%) TY Div($) LY Div ($) Remarks
Singtel 953.5 -1.7 0 0 Third Qtr
SIA 274.9 35.6 0 0 Third Qtr
SIA Engr 49.4 6.7 0 0 Third Qtr
Singapore Post 43.5 0.6 0.015 0.0125 Third Qtr
SMRT 36.8 63.5 0 0 Third Qtr
SBS Transit 16.7 17.0 0.0105 0.0105 Full Year

Singtel’s net profit declined 1.7% for the third quarter. For nine months to 31 December, Singtel’s net profit rose by 2.9%. SIA’s net profit increased by 35.6% and SIA Engineering’s net profit increased by 6.7%. In land transport space, both SMRT and SBS Transit performed positively with net profit increasing by 63.5% and 17.0% respectively. SingPost’s net profit was flat (+0.6%).

SingPost declared interim dividend of 1.5 cents and SBS Transit declared final dividend of 1.05 cents for the whole year.

The following table shows the latest reported net asset values (NAV) of these companies. The Price to Book (P/B) ratios were computed based on share prices of 11 February 2016.

Stock NAV ($) Share Price ($) P/B
Singtel 1.54 3.54 2.30
SIA 10.97 11.01 1.00
SIA Engr 1.313 3.47 2.64
Singapore Post 0.6897 1.325 1.92
SMRT 0.583 1.60 2.74
SBS Transit 1.00 1.97 1.97

All Price to Book (P/B) ratios are positive (1.00 or more than 1.00)

Disclaimer: The author disclaimed liabilities on use of this post by readers for investment decisions. Use them with caution.

Copyright © 2016, 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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