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Forward earnings estimates pared as Q2 figures underwhelm
Low-down on banks, property, O&M, telco sectors point to slower profit growth for late 2018 and 2019 amid property measures and trade war
Add BT as a preferred sourcePublished Thu, Aug 23, 2018 · 09:50 PM
Singapore
SINGAPORE'S listed companies generally performed in line with expectations in the second quarter of 2018, although analysts see the "unimpressive" earnings season as a precursor to more volatility ahead as weaker economic growth and an unfolding trade war cast a shadow over markets.
Based on a compilation by The Business Times as at Aug 15, some 422 listed companies on the local bourse reported combined earnings of S$21.1 billion in the second quarter, down 8.8 per cent from a year ago.
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