Singapore’s benchmark Straits Times Index (.FTSTI) fell 0.47% to end at 2,749.15 points yesterday. US stocks recovered most of their losses, but ended lower last night after weak employment and durable goods data added to recent worries about the strength of the economic recovery. Here are some stocks to watch out for:
Sembcorp Industries reported a 157% growth in 4Q2009 PATMI to $259 million compared to $100.8 million in 4Q2008, while turnover was $2.4 billion compared to $2.7 billion in 4Q2008.
United Overseas Bank (UOBH.SI), Singapore’s third-biggest lender, will announce results at midday on Friday, with analysts forecasting an average rise in fourth-quarter net profit by half, boosted by strong fee income and lower bad-debt charges.
Palm oil producer Golden Agri-Resources (GAGR.SI) will be in focus after it reported a 54% decline in quarterly net profit and a 46% drop in annual profit in 2009, missing analysts' expectations.
OKP Holdings, the infrastructure and civil engineering company, says it registered a net profit after tax and minority interest of $14.4 million for FY2009, up 52% in FY2008. This came on the back of a record revenue of $130 million, an increase of 28%.
Tiger Airways Holdings says it posted operating profit for the quarter ended 31 December 2009 was $23.5 million. Net profit after tax for the quarter was $14.1 million, a $22 million turnaround compared to the 3rd quarter of the previous financial year.
BreadTalk Group, the F&B group, has posted a 42.8% rise in net profit to $11.1 million financial year ended 31 December 2009 (FY2009) compared to $7.8 million in FY08.Group revenue rose 16.1% to $246.5 million supported by growth across all business segments.
Wee Hur Holdings, the builder and property developer, doubled its net profit to $16.3 million for FY2009. This came about on the back of a jump in revenue by 63% to $206.9 million from a number of major projects with high contract value.
Natural Cool Holdings (NCHL.SI) said late last night that it plans to list a wholly-owned subsidiary on the growth enterprise market of the Hong Kong stock exchange.
Chemoil (CHEL.SI), one of the world’s leading suppliers of marine fuel, has reported a net profit attributable to equity holders of US$11.5 million ($16.2 million) for the year ended December 31, 2009 (FY2009).
CWT, the supply chain logistics solutions provider, has posted a net profit attributable to shareholders of $33.9 million for the financial year ended 31 December 2009 (FY09), a decrease of 54% from $73.9 million in FY08.
Japan Land, the provider of real estate-related services and solutions across the value chain, announced the completion of its largest data centre in Singapore — Jurong Data Centre. Offering 18,581 square metres (200,000 square feet) of data centre space across six floors, JDC allows for more than 30 dedicated data suites.

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