Singapore’s benchmark Straits Times Index fell 0.44% to 2,855.21 points on Friday. The index is down 1.5% for the year. Financials such as DBS (DBSM.SI) are likely to face downward pressure from weaker US stocks on Friday amid a combination of weak earnings from retailers and concerns over the sustainability of European public debt. Here are some stocks to watch:

Shipping firm Neptune Orient Lines (NEPS.SI) is likely to be in focus on Monday after the firm reported a first quarter loss late on Friday, but said it expected a likely return to profit for the full year.

Fraser & Neave Holdings, the drinks maker and brewer, said second-quarter attributable profit was $170.3 million, compared with $90.2 million a year earlier. Revenue rose to S$1.37 billion from $1.13 billion, it said in a statement to the Singapore stock exchange today.

ComfortDelGro, the bus, rail and cab operator, says first-quarter net profit rose by 3.4% to $54.3 million as tax expenses increased by 43.7% to $17.1 million for the quarter. Revenue increased by $50.3 million or 7% to $766.9 million due to broad-based growth in the group’s key businesses.

SIA Engineering says profit attributable to equity holders for the fourth quarter ended 31 March 2010 was $73.9 million, an increase of $8.4 million or 12.8% over the same period last year with the quarter’s results benefitting from surplus on disposal of fixed assets and write-back of tax provisions by an associated company.

Wheelock Properties says group revenue and profit after tax for the 1st quarter ended 31 March 2010 was $107 million and $50 million respectively, an increase of 25% and 412% respectively when compared to the same period last year.

Baker Technology said on Sunday its plan to sell its stake in rig-maker PPL Holdings to a group led by Yangzijiang Shipbuilding has been challenged in a Singapore court by Sembcorp Marine, which owns an 85% stake in PPL, said in its lawsuit that the joint venture partners had breached the rules and it should get access to the remaining PPL shares it does not own.

Shares of SIA Engineering (SIAE.SI) will react for the first time after the company posted a 12.8% rise in fourth-quarter profit from a year ago, boosted by the sale of fixed assets and a rebound in airframe and component overhaul work.

Yongnam Holdings, the structural steel contractor and specialist civil engineering solutions provider, says net profit climbed 35.5% to $13.8 million in the three months ended March 31, 2010 (1QFY2010) from $10.2 million in the previous corresponding quarter (1QFY2009). However, group revenue decreased to $84.2 million in 1QFY2010, 13.1% lower than the $96.8 million achieved in 1QFY2009.

Goodpack Limited, the homegrown and world’s largest provider of returnable and environmentally-friendly Intermediate Bulk Containers (IBCs) packaging solutions, says attributable profit for the three months ended 31 March 2010 (3QFY2009/10) rose 39.6% to US$9 million ($12.4 million) from $6.5 million in the corresponding year ago period (3QFY2008/09).

KS Energy Services, the integrated oil and gas services provider, today announced revenue of $119.7 million, operating profit of $11.8 million and net profit after tax of $2.8 million for the first quarter ended 31 March 2010. Revenue was marginally lower, decreasing from $121.4 million (Q1 FY09) to $119.7 million this quarter (Q1 FY10).

Food Empire Holdings, one of the leading food and beverage manufacturers, today announced strong demand for the group’s products in all its key markets had resulted in a first quarter profit after tax of US$4 million ($5.5 million). Group revenue jumped by 34.6% from US$28.8 million in 1Q09 to US$38.7 million in 1Q10.

Healthway Medical Corp, the operator of private medical centres and clinics, says net profit attributable to shareholders fell 63.9% to $1.4 million the quarter ended 31 March 2010 (1QFY2010) from $3.8 million in 1QFY2009. Revenue fell 6.3% to $22.2 million from $23.7 million.

Design Studio Furniture Manufacturer, the furniture manufacturer and interior fitting-out specialist, posted a 22.4% fall in 1Q FY2010 net profit to $3.3 million from $4.3 million 1Q FY2009. 1Q10 revenue decreased 12.5% to $19.8 million from $22.7 million 1Q09 as a result of lesser hospitality and commercial projects completed in the quarter.