Stocks to watch: OKP, Jumbo and others
THE following stocks may see trading action on Monday after material announcements:
Newly listed chilli crab chain Jumbo Group said on Friday that full-year profit fell 8 per cent to S$10.6 million. Revenue was up 9 per cent to S$122.8 million, but higher employee benefits expenses, operating lease expenses and one-time listing fees of about S$1 million had dragged down profits.
Other stocks that announced their full-year results on Friday after trading hours include Keong Hong Holdings, Nam Lee Pressed Metal Industries, Chew's Group, PNE Industries, BRC Asia, LHN, Amplefield, and Marco Polo Marine.
Meanwhile, infrastructure and civil engineering firm OKP Holdings said on Monday that it had won a S$94.6 million contract from the Land Transport Authority (LTA), for the construction of a viaduct from the Tampines Expressway to the Pan Island Expressway (Westbound) and Upper Changi Road East.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Bitcoin 'halving' has taken place: CoinGecko
Wall Street bonus rules return to regulatory agenda in third try
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade