The Business Times
Shikhar Gupta

Shikhar Gupta

JOURNALIST

Shikhar Gupta is a Breaking News Journalist at The Business Times. He previously worked at Bloomberg News, covering transport, healthcare, and consumer stories.

emailsgupta@sph.com.sg
The rise in profit was despite a 19.2 per cent fall in revenue to S$3.4 billion.

Frasers Property H2 profit falls 32.2% to S$100.9 million on lower contributions from residential projects

The group is exploring a redevelopment of Yishun 10

Singapore Airlines posted an 82% drop in net profit for Q2.
BROKERS’ TAKE

SIA shares fall 2% on net profit drop; analysts expect Air India losses to continue

Morningstar and OCBC analysts view Singapore Airlines’ stake in Air India positively, despite an expected near-term earnings drag

First Resources' sales surged 82.5% in the third quarter.

First Resources Q3 profit surges 43.5% to US$87.5 million

Higher average selling prices and sales volumes are credited for the performance

Some 12.5 million ST Engineering shares changed hands on Thursday.
HOT STOCK

ST Engineering shares rise 4.7% on revenue increase, special dividend

Its nine-month revenue is up 9% year on year at S$9.1 billion

AEM reversed a year-ago loss, posting a S$4 million net profit.

Stocks to watch: AEM, ST Engineering, Seatrium, CDG, Golden Agri, Ho Bee Land, Food Empire, NTT DC Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Nov 13):

Acrophyte's portfolio, which includes Hyatt House in North Carolina (above), contracts 5.7% on the year.

Acrophyte Hospitality Trust 9-month net property income falls 13.9% to US$29.1 million

The drop is largely due to hotel dispositions and renovations, as well as increases in operating expenses

Valuetronics noted that the US tariffs created a high level of uncertainty in the first half of the 2026 financial year.

Valuetronics posts 2.7% higher H1 profit of HK$93 million

The board declares an interim dividend of HK$0.04 per share and a special dividend of HK$0.04 per share

Cathay Cineplexes owner mm2 Asia is facing solvency issues.

Banks and landlords are pounding on the door. Can mm2 Asia survive the siege?

It has been a difficult year for the group, whose Cathay Cineplexes unit is already in voluntary liquidation

OCBC's rally follows the announcement of its Q3 results, which beat analysts' expectations.
HOT STOCK

OCBC shares continue rally, and close at new record of S$18.19 after encouraging Q3 results

This beats their previous peak of S$17.94 recorded on Nov 7

Retail access is expected in the first quarter of 2026.

DBS, Franklin Templeton launch Singapore’s first tokenised retail fund

The fund is available to the bank’s wealth clients and accredited investors, with retail access expected in Q1 2026

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