Stocks to watch: Genting, ST Engineering, Golden-Agri, Keppel Corp

THE following companies saw new developments that may affect trading of their securities on Monday (May 15):

Genting Singapore : The company, which owns Resorts World Sentosa, announced on Friday that its net profit more than tripled to S$129.2 million for the first quarter ended Mar 31, 2023, from S$40.4 million in the same period a year ago. Revenue for the period also grew, benefitting from the ongoing recovery of both regional travel and gaming demand. Shares of Genting Singapore closed S$0.01 or 0.9 per cent lower at S$1.11 on Friday, before the results were announced.

ST Engineering : The technology and engineering group on Monday reported revenue of S$2.3 billion for the first quarter, up 13 per cent from S$2 billion the previous year. This was amid growth in most business segments and contributions from its transportation solutions provider TransCore. The group will pay an interim dividend of S$0.04 on Jun 6, 2023. Shares of ST Engineering closed flat on Friday at S$3.65.