With the earnings season in full swing, United Overseas Bank (SGX: U11), or UOB, became the second Singapore bank to release its 2023 earnings.
The bank reported a stellar set of earnings as higher interest rates boosted its total income and net profit.
Meanwhile, Singapore Airlines Limited (SGX: C6L) announced its business update for the third quarter and nine months of fiscal 2024.
The carrier reported a mixed result with revenue hitting a record high for the quarter but saw its operating profit tumbling year on year.
Elsewhere, a third blue-chip company, Sembcorp Industries Ltd (SGX: U96), also reported its 2023 results.
The utility and urban development specialist enjoyed a higher core net profit while upping its full-year dividend.
Here is a list of our top articles for this week.
UOB pulled off a stunning performance as the bank’s total income and net profit hit new record highs.
Singapore Airlines reported a mixed set of earnings but warned of macroeconomic and competitive headwinds for this calendar year.
Sembcorp Industries posted a mixed set of results but upped its final dividend sharply on rosy prospects. Read on to find out more about the utility player.
iFAST reported a sharp rise in net profit for the fourth quarter and sees a better performance for this year.
5. 7 Singapore Stocks That Will Benefit from Budget 2024
The Singapore government announced a feel-good Budget last week with goodies for individuals and businesses. We find out which stocks stand to benefit from this generous Budget.
6. Keppel Pacific Oak US REIT Has Suspended its Distributions: Should Investors Sell the Stock?
Keppel Pacific Oak US REIT (SGX: CMOU) has gone down the same path as Manulife US REIT (SGX: BTOU) by suspending its distributions. What should investors do?
7. Best of Both Worlds: 4 US Growth Stocks Reporting Rising Profits and Higher Dividends
Investors who seek both capital gains and increasing dividends should check out these four US growth stocks.
OUE REIT (SGX: TS0U) recently announced a rebranding as well as a resilient set of earnings. Read on to find out what plans the REIT has for the future.
9. Income Investors Alert: 4 Singapore Stocks That Raised Their Dividends
Here are four Singapore stocks that upped their dividends recently.
10. Get Smart: Add This “Secret Weapon” to Your Portfolio
We introduce a secret weapon that can supercharge your portfolio and boost your overall returns.
Want to stay abreast of the latest investing news, analyses, and stories for FREE? Subscribe to our weekly email, Smart Reads, now to receive a curated list of our top articles weekly. CLICK HERE to subscribe now!
Follow us on Facebook and Telegram for the latest investing news and analyses!
Please refer to the individual articles for stock ownership disclosures.