The stock market has largely recovered from the effects of Trump’s raft of tariffs.
The Straits Times Index (SGX: ^STI) rebounded to almost its year-high, while many stocks have also hit new 52-week highs.
Some of these companies reported encouraging results and have declared dividends to their shareholders.
We rounded up four companies that hit their year-highs that you may wish to add to your stock buy watchlist.
The Hour Glass (SGX: AGS)
The Hour Glass, or THG, is a luxury watch retailer with over 65 boutiques across 14 cities.
The group distributes Swiss watch brands such as Rolex, Patek Philippe, Hublot and Chopard.
THG’s share price climbed nearly 21% year-to-date (YTD) and recently hit its 52-week high of S$1.87.
The group reported a mixed set of earnings for its fiscal 2025 (FY2025) ending 31 March 2025.
Revenue inched up 3% year on year to S$1.18 billion, but costs and expenses rose 5% year on year.
As a result, THG’s net profit tumbled 13% year on year to S$135.8 million.
Despite the lower profit, the luxury watch retailer generated a positive free cash flow of S$129.9 million, 15.7% higher than a year ago.
The group proposed a final dividend of S$0.04, taking its total FY2025 dividend to S$0.06.
Management warned that the luxury watch industry continued to face macroeconomic headwinds, with consumer sentiment remaining cautious in light of Trump’s tariffs.
The industry is also facing consolidation with demand for luxury watches normalising after the end of the pandemic, pressuring both watch brands and retailers.
Uni-Asia Group (SGX: CHJ)
Uni-Asia Group is an alternative investment group with investment targets that include properties and handy dry bulk ships.
Uni-Asia has extensive know-how and networks relating to such investments and provides services for investors.
The group saw its share price rise 14.5% YTD to hit its 52-week high of S$0.87.
For 2024, Uni-Asia saw total income plunge 59% year on year to US$23.9 million.
Net loss stood at US$28.3 million, impacted by a non-cash valuation loss of US$31 million for its Hong Kong property projects.
Excluding this amount, net profit would have been US$2.8 million.
The group proposed a final dividend of S$0.02 for 2024, taking its total dividend for the year to S$0.03.
This dividend was lower than the previous year’s payout of S$0.044.
Macroeconomic uncertainties may lead to volatility in the dry bulk charter market this year.
Prices for second-hand dry bulk ships have also declined since mid-2024, and the group will explore opportunities to acquire second-hand vessels from the open market.
Uni-Asia is also attempting to diversify its property holdings in Japan beyond Tokyo, and has written off all its investments in Hong Kong property projects.
Old Chang Kee (SGX: 5ML)
Old Chang Kee, or OCK, manufactures and sells a wide range of snack foods such as curry puffs, chicken wings, and spring rolls.
OCK’s share price shot up 25% YTD to hit its 52-week high of S$1.00.
The group reported a respectable set of earnings for FY2025.
Revenue inched up 1% year on year to S$101.9 million while gross profit improved by 3.5% year on year to S$70.6 million.
Net profit climbed 17.4% year on year to S$11.3 million.
The snack producer also churned out a positive free cash flow of S$23.2 million for FY2025, 7.3% lower than a year ago.
A final dividend of S$0.01 was declared, similar to a year ago. Coupled with the interim dividend of S$0.01, the total dividend for FY2025 stood at S$0.02.
Like THG, OCK also warned of inflationary pressures and higher rental costs at prime locations.
The group will undertake initiatives to reduce operating costs, improve gross margins, and streamline operations to overcome these headwinds.
It will also focus on expanding its retail footprint in strategic locations such as high-traffic transport hubs.
Q&M Dental Group (SGX: QC7)
Q&M Dental owns the largest network of private dental outlets in Singapore, with 106 outlets across the island.
The group also has 38 dental clinics and a dental supplies and equipment distribution business in Malaysia.
Q&M Dental’s share price soared 57% YTD to hit its 52-week high of S$0.44.
For 2024, the dental group saw total revenue dip by 1% year on year to S$180.7 million.
Total net profit excluding other gains and losses shot up 28% year on year to S$17.3 million.
Q&M Dental declared a total dividend per share of S$0.011 for 2024, up 59% year on year from the S$0.0069 paid out a year ago.
The dental chain also generated a positive free cash flow of close to S$32 million for 2024.
Management outlined its plans for the future, which include strengthening its presence in Singapore, expanding into Southeast Asia, and making inroads into China.
Meanwhile, its associate EM2AI secured regulatory approvals for its dental AI solutions in four key markets of Thailand, Philippines, Vietnam, and Indonesia.
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Disclosure: Royston Yang does not own shares in any of the companies mentioned.
