Stocks to watch: SIA, Sats, Venture Corp, Frasers Property, First Resources, Bumitama Agri, StarHub, Centurion
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Nov 14):
Singapore Airlines (SIA) : The national carrier recorded an 82.1 per cent year-on-year drop in net profit to S$52 million for the second quarter ended September, from S$290 million. This was attributed to the share of results of associated companies and lower interest income. Revenue rose 2.2 per cent to S$4.9 billion, the group said on Thursday. SIA shares fell 0.5 per cent, or S$0.03 to S$6.65, before the news.
Sats : The in-flight caterer and ground handler on Thursday posted a 13.3 per cent year-on-year rise in Q2 net profit to S$78.9 million, from S$69.7 million. Revenue for the quarter ended Sep 30 increased 8.4 per cent to S$1.6 billion, from S$1.5 billion previously, amid its cargo-handling business’ strong performance and steady contributions from its ground-handling and food services segment. Shares of Sats ended 0.9 per cent or S$0.03 higher at S$3.55 on Thursday, before the announcement.
Venture Corporation : The technology player on Thursday posted net profit of S$55.6 million for the third quarter ended Sep 30. It did not disclose a year-on-year comparison, but this translated to an 8.3 per cent fall from the S$60.6 million net profit posted in a business update in the year-ago period. Q3 revenue dropped 9.1 per cent to S$627.2 million. The counter ended Thursday flat at S$15.06, before the business update.
Frasers Property : Net fair-value change and reversal of tax provisions pushed the real estate company’s full-year profit up by 17.8 per cent to S$243.1 million, from S$206.3 million in the previous year, it said on Friday. This was despite a 19.2 per cent fall in revenue from S$4.2 billion in 2024 to S$3.4 billion in 2025. A dividend of S$0.045 per share was proposed. Shares of Frasers Property closed 1 per cent or S$0.01 lower at S$1.04 on Thursday.
First Resources : The palm oil producer posted a 43.5 per cent jump in net profit for the third quarter, it said on Friday. The US$87.5 million figure was markedly higher than the US$61 million in the previous corresponding period, due to a combination of higher average selling prices and sales volumes. Shares of First Resources closed 1.4 per cent or S$0.03 lower at S$2.08 on Thursday.
Bumitama Agri : The palm oil producer’s net profit rose 29 per cent year on year to 1.87 trillion rupiah (S$145.7 million) for the nine months ended Sep 30. This came amid an 18 per cent rise in its nine-month revenue to 13.6 trillion rupiah, it said on Thursday. Its revenue was boosted by production recovery and improved productivity. Its shares ended Thursday at S$1.48, down 1.3 per cent or S$0.02.
StarHub : The telco posted net profit of S$26.2 million for its third quarter ended Sep 30, down 35.3 per cent from S$40.4 million in the previous corresponding period, and attributed this to lower gross profit from segments with revenue decline. Revenue fell 4.3 per cent to S$550.3 million, from S$575.2 million in Q3 2024. Shares of StarHub closed at S$1.16, down S$0.01 or 0.9 per cent, on Thursday.
Centurion : Its revenue rose 9 per cent to S$67.5 million for the third quarter ended Sep 30, amid positive rental revisions across its worker and student accommodation properties. Revenue for the nine months climbed 12 per cent to S$208.3 million, the company said on Thursday. Its shares ended Thursday at S$1.40, up 2.9 per cent or S$0.04, before the business update.
