Stocks to watch: SIA, Keppel, Seatrium, Clas, Sheng Siong, CDLHT, FEHT
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Zhao Yifan
THE following companies saw new developments that may affect trading of their securities on Friday (Jul 28):
Singapore Airlines (SIA): The national carrier on Thursday reported a record quarterly performance, with net profit rising 98.4 per cent year on year to S$734 million. The group also reported improved operating performance and a higher share of profits from associated companies last year. Before the announcement, SIA shares dipped 0.1 per cent or S$0.01 to close at S$7.52.
Keppel Corporation : The global asset manager reported a net profit of S$3.63 billion for the six months ended June, up from S$498 million the year before. It is the highest profit on record in its 55 years. This comes after it booked gains from its divestment of the offshore and marine unit to Seatrium. Keppel shares fell 0.4 per cent or S$0.03 to S$6.96 on Thursday, before the announcement.
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