Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 23):

SIA Engineering : The aircraft maintenance provider on Tuesday reported a net profit of S$42.9 million for Q1 ended Jun 30, up 29.2 per cent from S$33.2 million in the same period a year before. Its revenue for Q1 FY2026 was at S$358.4 million, 33.4 per cent higher than the S$268.7 million in Q1 FY2025. The group’s expenditure rose “at a slightly slower rate” of 32 per cent to S$353.3 million, mainly due to higher material and manpower costs. Shares of SIA Engineering closed 0.9 per cent or S$0.03 higher at S$3.35, before the results were released.

Singapore Post (SingPost) : The national postal service provider said on Tuesday that it has sold its entire freight forwarding business Famous Holdings for S$177.9 million. The divestment resulted in a realised gain of S$10.5 million and around S$104 million in cash. Shares of SingPost ended on Tuesday 0.8 per cent or S$0.005 lower at S$0.64.