Stocks to watch: Keppel, Jardine C&C, Seatrium, Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust, Sheng Siong
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 31):
Keppel : Asset manager Keppel saw net profit rise 24.2 per cent to S$377.7 million for the first half ended Jun 30, driven by growth in its real estate segment. The profit growth came even as revenue fell 5.2 per cent to S$3.1 billion. Revenue from the infrastructure segment fell 12 per cent to $2 billion, with lower net generation in the integrated power business. Keppel announced an interim dividend of S$0.15 per share – unchanged from the year-ago period. The counter finished Wednesday 0.3 per cent or S$0.02 higher at S$8.18.
Jardine Cycle & Carriage (JC&C) : The group on Wednesday posted a 23 per cent decline in earnings to S$371.1 million for the first half of 2025, from S$483.3 million for the year-ago period. H1 revenue was up 1 per cent to US$10.8 billion, from US$10.7 billion. The board declared an interim dividend of US$0.28 per share, unchanged on the year, to be paid on Oct 3, 2025. Shares of JC&C fell 0.6 per cent or S$0.17 to S$27.35 on Wednesday, before the announcement.
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