Stocks to watch: Singtel, Yoma Strategic, Meta Health

THE following companies saw new developments that may affect trading of their securities on Thursday (May 25):

Singtel : The telecommunications group on Thursday announced S$1.1 billion in net profit for the second half ended March, an increase of 6.1 per cent from S$994.5 million in the corresponding period the previous year. Its board proposed a final dividend per share of S$0.053, bringing its total dividend for the full year to S$0.149 per share. Singtel closed 0.8 per cent or S$0.02 higher at S$2.56 on Wednesday.

Yoma Strategic : The group’s net loss widened to US$32.7 million for the six months ended Mar 31, compared with a net loss of US$14.8 million the year before. Net loss was mainly driven by net fair value losses, impairment losses and higher interest expense, said the mainboard-listed group on Thursday. Revenue for the second half rose 126.1 per cent to US$82.7 million, from US$36.6 million previously. Shares of Yoma Strategic closed 1 per cent or S$0.001 lower at S$0.097 on Wednesday.