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H1 corp earnings a big let-down

Analysts warn that defensive S'pore stocks like Reits and telcos may come under pressure as headwinds continue

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As at 7.13pm Friday, 394 Singapore-listed companies had released their financial results for the six months ended June 2016, figures compiled by The Business Times showed.


PLEASANT surprises were few and far between in the most recently ended quarter of corporate earnings in Singapore. Results in the season largely disappointed, particularly in the troubled offshore and marine industry, analysts said, adding that the outlook for the rest of the