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

Friday, November 6, 2015 - 08:17

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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.

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