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 ($)||Remarks|
|SIA Engr||49.4||6.7||0||0||Third Qtr|
|Singapore Post||43.5||0.6||0.015||0.0125||Third Qtr|
|SBS Transit||16.7||17.0||0.0105||0.0105||Full Year|
Singtel’s net profit declined 1.7% for the third quarter. For nine months to 31 December, Singtel’s net profit rose by 2.9%. SIA’s net profit increased by 35.6% and SIA Engineering’s net profit increased by 6.7%. In land transport space, both SMRT and SBS Transit performed positively with net profit increasing by 63.5% and 17.0% respectively. SingPost’s net profit was flat (+0.6%).
SingPost declared interim dividend of 1.5 cents and SBS Transit declared final dividend of 1.05 cents for the whole year.
The following table shows the latest reported net asset values (NAV) of these companies. The Price to Book (P/B) ratios were computed based on share prices of 11 February 2016.
|Stock||NAV ($)||Share Price ($)||P/B|
All Price to Book (P/B) ratios are positive (1.00 or more than 1.00)
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Copyright © 2016, limkimtong for Living Investment
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