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Stocks to watch: KLW Holdings, SembMarine, SGX, Singtel, Sunrise Shares HoldingsTHE following companies saw new developments which may affect trading of their shares on Tuesday: Read more at The Business Times.
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Avarga Q3 earnings sink 12.1% to S$7.8mMAINBOARD-LISTED Avarga Limited posted a 12.1 per cent fall in net profit for the third quarter to S$7.8 million from S$8.9 million the preceding year primarily due to decreased gross margin dollars of building products business of Taiga Building Products Ltd, the group said in a Singapore Exchange filing on Friday morning. Read more at The Business Times.
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OCBC earnings up 12% to S$1.25b for Q3OCBC Bank turned a record net profit of S$1.25 billion for its third fiscal quarter in 2018, rising 12 per cent from the S$1.11 billion last year for the same period. Read more at The Business Times.
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Sembcorp Industries Q3 earnings fall 11.6% to S$82.33mA CHALLENGING environment for its marine division put a drag on Sembcorp Industries' earnings for the third fiscal quarter, with the conglomerate posting an 11.6 per cent drop in net profit to S$82.33 million, down from the restated S$93.14 million recorded in the year-ago period. Read more at The Business Times.
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Marina Bay Sands earnings for Q3 slump on weaker VIP segmentA SLUMP in VIP play at Marina Bay Sands has dragged third-quarter ebitda (earnings before interest, tax, depreciation and amortisation) down 5.2 per cent to US$419 million from the same period a year earlier. Read more at The Business Times.
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First Sponsor Q3 earnings up 16% at S$25.57mMAINBOARD-LISTED First Sponsor Group has posted a net profit of S$25.57 million for the third quarter ended Sept 30, up 16.1 per cent from the same period a year earlier as a rise in gross profit margin made up for a fall in total revenue. Read more at The Business Times.
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