Stocks to watch: KIT, CDG, AEM, Food Empire Centurion, SingPost, CNMC
Add BT as a preferred source
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 14):
Keppel Infrastructure Trust (KIT) : The trust on Thursday reported a distributable income of S$53.7 million for the first quarter of 2026 – a 17.3 per cent decrease from S$65 million recorded in the year-ago period. Excluding a one-off S$21.7 million divestment gain in the previous year, distributable income was up 18.2 per cent year on year from S$45.5 million. Units of KIT fell 0.9 per cent to close S$0.005 lower at S$0.53 on Wednesday.
ComfortDelGro (CDG) : The transport player reported on Wednesday that its net profit fell 16.1 per cent to S$40.5 million in the first quarter ended Mar 31, amid challenges in the taxi and private-hire vehicle business. Revenue for the quarter was up 5 per cent at S$1.2 billion – of which S$814.5 million was from the public transport business. CDG ended Wednesday at S$1.42, down by S$0.02 or 1.4 per cent, before the news.
AEM : The semiconductor test solutions provider on Wednesday posted S$14.3 million in net profit for the first quarter ended Mar 31, more than quadrupling from S$3.3 million in the year-ago period. The company also raised its FY2026 revenue guidance by 20 per cent to between S$550 million and S$600 million, it said in a business update. Shares of AEM ended Wednesday at S$8.35, up 10.7 per cent or S$0.81, before the news.
Food Empire : The instant coffee specialist on Wednesday posted a 16.9 per cent rise in revenue to US$159.7 million for the first quarter ended Mar 31. This was its strongest Q1 revenue performance, due to growth across most markets and the stronger Russian currency. Food Empire’s board on Wednesday also approved a one-for-five bonus share issue, in which shareholders will receive one bonus share for every five ordinary shares held. Shares of Food Empire ended Wednesday at S$3.08, up S$0.03 or 1 per cent, before the news.
Centurion Corporation : The accommodation specialist on Wednesday posted a 29.5 per cent rise in revenue to S$89.4 million for the three months ended Mar 31. This was driven by new operational beds in its Singapore purpose-built worker accommodation and Australia purpose-built student accommodation (PBSA) assets, along with high occupancy in its PBSA assets in the UK. Centurion ended Wednesday at S$1.67, up S$0.01 or 0.6 per cent, before the news.
SEE ALSO
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
Singapore Post (SingPost) : The postal service operator on Thursday recorded a net profit of S$41.2 million for its second half ended Mar 31, down 81.5 per cent from S$222.5 million in the year-ago period. This translated to an earnings per share (EPS) of S$0.0183, versus an EPS of S$0.0989 in the previous corresponding period. SingPost said it will also keep SingPost Centre, strengthen its fundamentals, build scalable capabilities and capture growth opportunities. Shares of SingPost ended Wednesday 1.3 per cent or S$0.005 lower at S$0.375.
CNMC Goldmine : The Catalist-listed gold miner on Wednesday said it will appeal against higher gold and silver royalty rates in Kelantan, Malaysia. The group said it had received a state circular specifying that the royalty rate payable for gold will go up to 15 per cent from 10 per cent; and the corresponding rate for silver will rise to 12 per cent, from 10 per cent as of this year. Shares of CNMC Goldmine ended 6 per cent or S$0.09 down at S$1.42 on Wednesday, before the news.
Trading halt: Aspial Corporation and wholly owned consumer lifestyle group Aspial Lifestyle -- which upgraded from Catalist to the mainboard on May 4 -- called for a trading halt on Thursday, pending an announcement.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
