Q4 results likely a non-event; full-year earnings seen falling 3.9%
Singapore
WITH the corporate earnings season set to move into full swing over the next few weeks, analysts remain sanguine about the year that has just ended and are more focused on getting a glimpse of companies' upcoming performance in 2014.
Since three-quarters or nine months of FY13 earnings are already booked and reported for most companies, the fourth quarter is usually not expected to rock the boat significantly, unless there are unexpectedly large kitchen sinking provisions or write-downs. Of course, shareholders will be on the lookout for final dividend payments, particularly for high-yield stocks.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TSMC keeps sales growth up in April as AI drives 60% jump
OCBC CEO confident on 2024 performance as Q1 profit rises 5% to S$1.98 billion
Europe’s rush for rate cuts shifts global market power away from US
A$90 billion Australia pension reviews investments as Israel-linked firms face pressure
JPMorgan says India index inclusion on track, clients ready
SoftBank sells off Vision Fund assets as Son pivots to AI, chips