Smart Reads of the Week: OCBC, CapitaLand Investment Limited and City Developments Limited

With the earnings season into its last stretch, we take deep dives into several blue-chip stocks this week.

We start by reviewing the latest earnings from the last of the three Singapore banks to report – OCBC Ltd (SGX: O39).

The bank pulled off a strong performance while increasing its dividend for 2023.

Next, we turned our attention to CapitaLand Investment Limited (SGX: 9CI), or CLI.

The property investment giant continues to build up its funds under management and saw a strong rebound for its lodging management division.

Elsewhere, City Developments Limited (SGX: C09) also turned in its 2023 financial report card.

The property company announced record revenue for 2023 and is advancing its GET strategy with new launches and asset enhancements.

Here is a list of our top articles for this week.

1. OCBC’s 2023 Net Profit Hit a Record S$7 Billion, Ups Dividend: 5 Highlights from the Bank’s Latest Results

OCBC pulled off an impressive performance while hiking its annual dividend. Read on for the highlights of its latest set of earnings.

2. CapitaLand Investment Limited Reports a Lower Core Net Profit But Maintains Dividend of S$0.12: 5 Things You Need to Know

CLI may have reported a lower core net profit but the property investment giant continues to grow its funds under management. Read on to find out more.

3. City Developments Reports Record Revenue and Declares a Final Dividend of S$0.08: 5 Highlights from the Property Giant’s Latest Earnings

Another property giant announces its highest revenue on record while advancing on its long-term GET strategy.

4. 4 Singapore REITs Trading Near Their 52-Week Lows: Can They Recover?

We feature four Singapore REITs that are touching a year low and try to determine if they are on the path to recovery.

5. 4 Singapore Blue-Chip Stocks Announcing Higher Profits and Dividends

We identified four promising blue-chip stocks that delivered both higher profits and dividends this round.

6. Raffles Medical Group’s 2023 Net Profit Tumbles 37% Year on Year: 5 Highlights from the Integrated Healthcare Player’s Latest Earnings

Raffles Medical Group (SGX: BSL) saw its net profit fall because of the absence of COVID-19 revenue. We dig into several other aspects of the integrated healthcare player’s full-year earnings.

7. 5 US Growth Stocks That Can Sizzle Up Your Portfolio’s Returns

Here are five growth stocks that can help to boost your portfolio’s value over the long term.

8. SATS More Than Doubled its Core Net Profit for 3Q FY2024: 5 Things Investors Need to Know About its Latest Business Update

SATS Ltd (SGX: S58) saw its revenue and profit soar in tandem with the travel recovery. Read on to understand some of the highlights from its latest business update.

9. Get Smart: How AI is Making a Difference

We uncover numerous examples to show how artificial intelligence is making a difference in how we work, interact, and communicate.

10. Debunking the January Barometer for Stocks

If you always wondered whether January had any impact on stock performance for the rest of the year, here is what we found out.

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Please refer to the individual articles for stock ownership disclosures.