With the earnings season in full swing, DBS Group (SGX: D05) became the first of the three local banks to report its 2023 results.
The lender released a stellar set of numbers accompanied by a dividend increase and a bonus issue.
Meanwhile, Keppel Ltd (SGX: BN4) also released an upbeat set of financial numbers for 2023.
The asset manager is making progress on its objectives even as it reports its highest-ever annual profit.
Elsewhere, CapitaLand Integrated Commercial Trust (SGX: C38U) also reported its full-year earnings.
The retail and commercial REIT became one of the few REITs that posted a year-on-year increase in its DPU.
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Singapore’s largest bank delivered a sparkling set of earnings as it upped its dividend and proposed a 1-for-10 bonus issue.
Keppel chalked up a record net profit on the sale of its offshore and marine business and also upped its dividend for 2023.
CICT reported a commendable set of earnings and sported strong operating metrics that should see it through 2024.
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