Investing consists of a learning journey where we look at how we can improve our results over time.
One way to invest smarter is to look for businesses that are doing well, rather than trying to wait for a hobbled business to post a turnaround.
While the latter may deliver a sharp increase in share price, it’s also tougher for companies to post a successful turnaround from losses to profits.
Instead, you should focus more of your attention on businesses that are doing well and have a track record of generating consistent profitability.
These stocks should also ideally be paying out dividends.
Here are five Singapore stocks you can add to your watchlist which are growing their profits.
Valuetronics Holdings (SGX: BN2)
Valuetronics is an integrated electronics manufacturing services provider offering a full range of services to customers, ranging from conceptualisation to production and supply chain support.
The group reported a commendable set of earnings for its fiscal 2025 (FY2025) ending 31 March 2025.
Total revenue rose 3.5% year on year to HK$1.73 billion, with gross profit increasing by 10.8% year on year to HK$293.7 million.
Net profit improved by 4.3% year on year to HK$166.5 million.
A final dividend of HK$0.11 was declared along with a special dividend of HK$0.08.
Coupled with the total interim dividend of HK$0.08, the FY2025 dividend totalled HK$0.27.
This was higher than the previous year’s HK$0.25.
Management expects growth from an entertainment-focused customer in the Consumer Electronics segment.
The same segment is phasing out projects in traditional consumer lifestyle to focus on higher-margin projects.
As for its Industrial and Commercial Electronics (ICE) segment, the group expects delays to new product launches because of Trump’s recent tariff announcement.
Cortina Holdings (SGX: C41)
Cortina is a luxury watch retailer with boutiques located in Singapore, Malaysia, and Thailand.
The group sells Swiss watch brands such as Chopard, OMEGA, and Bell & Ross, among others.
For FY2025, Cortina saw revenue rise 6% year on year to S$862.8 million.
Net profit increased by 4% year on year to S$63.6 million.
The luxury retailer also generated a positive free cash flow of S$47.7 million for FY2025, more than triple the S$13.3 million churned out in the prior year.
A final dividend of S$0.02 and a special dividend of S$0.14 were declared, taking the total dividend for the fiscal year to S$0.16, unchanged from a year ago.
Management warned that the uncertainties in the global economic outlook will pose challenges to the business, but is confident of remaining profitable for FY2026.
Old Chang Kee (SGX: 5ML)
Old Chang Kee, or OCK, is a snack manufacturer and seller and is famous for its signature curry puffs.
The group also sells other snack items such as spring rolls, chicken wings, and crab nuggets.
For FY2025, OCK’s revenue inched up 1% year on year to S$101.9 million.
Gross profit improved by 3.5% year on year to S$70.6 million, and the snack producer’s net profit climbed 17.4% year on year to S$11.3 million.
The food and beverage operator also generated a positive free cash flow of S$23.2 million for FY2025.
OCK declared a final dividend of S$0.01, unchanged from a year ago.
Together with its interim dividend of S$0.01, the total dividend for FY2025 amounted to S$0.02.
OCK is facing rising raw material and labour costs due to inflation, and is actively seeking to diversify its revenue streams through non-retail channels such as business-to-business sales.
Meanwhile, the group will remain focused on expanding its presence at high-traffic transport hubs.
Frencken Group (SGX: E28)
Frencken is an integrated technology solutions firm serving customers in the aerospace, analytical life sciences, automotive, healthcare, and semiconductor industries.
The group released an encouraging business update for the first quarter of 2025 (1Q 2025).
Revenue grew 11.5% year on year to S$215.8 million, largely due to higher contributions from its Mechatronics division.
Gross profit margin improved slightly from 13.7% to 14.8%, and net profit climbed 12% year on year to S$10 million.
Frencken guided for stable half-on-half revenue for the first half of 2025 for the life sciences and automotive segments, but expects higher revenue for the medical and semiconductor sectors.
Earlier this month, the group signed a land lease agreement to develop a new and larger manufacturing facility for the expansion and consolidation of its Mechatronics division.
The facility will expand Frencken’s capacity and help scale up its business portfolio with wafer fabrication customers.
The construction is expected to be completed by 1Q 2027.
LHN Limited (SGX: 41O)
LHN is a real estate management services group specialising in space optimisation that generates value for its landlords and tenants.
The group also has three other business segments – property development, facilities management, and energy.
For the first half of fiscal 2025 (1H FY2025) ending 31 March 2025, LHN’s revenue surged 29.4% year on year to S$70.6 million.
Gross profit increased by 23.2% year on year to S$40.6 million.
The group’s net profit climbed 8.8% year on year to S$14.1 million, and an interim dividend of S$0.01 was declared, similar to a year ago.
The business also generated a positive free cash flow of S$36.1 million, nearly triple the S$12.6 million churned out a year ago.
Earlier this month, LHN announced that its co-living subsidiary, Coliwoo Keppel Pte Ltd, has won the tender for 159 Jalan Loyang Besar.
This property will be converted into Coliwoo’s first resort chalet, and operations should commence in the third quarter of fiscal 2026.
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Disclosure: Royston Yang does not own shares in any of the companies mentioned.
