You are here

Stocks to watch: ST Engineering, CWT, Parkway Life Reit

CWT.jpg
Staff of logistic group CWT at the warehouse.

THE following stocks had announcements or developments that could affect trading activity at Singapore Exchange on Friday.

ST Engineering: Its net profit for the third quarter ended Sept 30, 2015, rose 9.9 per cent to S$133.26 million from S$121.3 million a year ago. Revenue, however, dipped 3.4 per cent to S$1.5 billion.


CWT: The logistics and commodity broking company suffered a net impairment loss of S$6.3 million from the August explosions in Tianjin, China, resulting in its third-quarter net profit falling 16 per cent.


Parkway Life Reit: The healthcare Reit (real estate investment trust) posted a 15.6 per cent year­on­year rise in third­quarter distributable income to S$20.3 million, lifted by one-time divestment gains.