Daphne Yow

ARTIFICIAL intelligence (AI) talent is hot property and local startups are struggling to snag enough of it. Industry players said hiring competition comes not just from other players but also companie...

SINGAPORE’S artificial intelligence (AI) startups can hold their own against larger international players if they focus on niche markets and aim to localise, said industry players.

APAC Realty posted a 31.4 per cent drop in net profit to S$6.8 million for the six months ended Dec 31, 2023, from S$9.9 million in the corresponding period the year before.

MAINBOARD-LISTED QAF posted a 101 per cent rise in net profit to S$22.6 million for the second half of the year ended Dec 31, 2023, from S$11.2 million in the previous corresponding period.

SINGAPORE Land Group (SingLand) reported a 7 per cent rise in net profit to S$102.4 million in the six months ended Dec 31, 2023, from S$95.3 million in the previous corresponding period.

MAINBOARD-LISTED HRnetGroup posted a 7.1 per cent rise in net profit to S$35.3 million for the second half of 2023, from S$32.9 million in the previous corresponding period.

INTEGRATED resort operator Genting Singapore posted a 31 per cent rise in net profit to S$334.9 million for the second half of 2023, from S$255.7 million in the previous corresponding period.

WILMAR International’s net profit for the half year ended December 2023 fell 21.3 per cent to US$973.9 million, from US$1.2 billion the year before.

UNITED Overseas Insurance (UOI), the general insurance arm of UOB, reported a net profit of S$17.3 million for the second half of the 2023 financial year.

VALUEMAX on Tuesday (Feb 20) posted a 44.4 per cent rise in net profit to S$27.8 million for the second half of 2023 ended December, from S$19.2 million in the previous corresponding period.