Stocks to watch: OCBC, UOB, Hongkong Land, Dairy Farm, Mandarin Oriental, Hi-P, A-HTrust

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Stocks to watch: OCBCBank, UOB, Hongkong Land, Dairy Farm, Mandarin Oriental, Hi-P, etc

Underlying earnings per share stood at 19.96 US cents, up 3 per cent year-on-year. The directors have declared an unchanged interim dividend of six US cents per share. Hongkong Land shares finished at US$6.09 on Thursday, down three US cents.for the half-year ended June 30, from a restated US$167.5 million a year ago. The accounts were restated due to changes in accounting policies. Revenue dipped 3 per cent to US$5.

The board has declared an interim dividend of 1.50 US cents a share, unchanged year-on-year. Mandarin Oriental, which is listed in London, has secondary listings in Bermuda and Singapore. The counter lost US$0.04 or 2.52 per cent to US$1.55 in Singapore on Thursday before the results were released.Mainboard-listed electronics contract manufacturer Hi-P International's cost controls paid off in the second quarter, as earnings rose despite a decline in revenue.

, down by 5.2 per cent on the same period in the year before, the manager said in results released on Thursday. The trust, which is changing its financial year to end on Dec 31, posted a lower DPS on the absence of proceeds from the divestment of two hotels in Beijing the previous year.

 

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