Stocks to watch: StarHub, Olam, CapitaLand Investment, Mapletree Logistics Trust, ComfortDelGro

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Aug 14):

StarHub : The telco on Thursday reported a net profit of S$47.9 million for the first half ended Jun 30, 2025, sliding 41.7 per cent from S$82.1 million in the corresponding year-ago period. The drop included a one-off forfeiture payment of S$14.1 million for the return of certain spectrum rights. A more aggressive consumer market stance means StarHub’s earnings before interest, taxes, depreciation and amortisation outlook for the financial year of 2025 has been revised down to 88 to 92 per cent of the 2024 figures. However, it still declared an interim dividend of S$0.03 per ordinary share for H1. Shares of StarHub closed up 0.85 per cent, or S$0.01, at S$1.19, before the announcement. 

Olam Group : The agri-business giant posted a 573.2 per cent rise in net profit to S$323.8 million for its first half year ended Jun 30, from S$48.1 million in the previous corresponding period, based on its financials released on Thursday. This includes profit from continuing operations of S$177.4 million, as compared to a new loss of S$91.9 million in the same period last year. The departing unit Olam Agri registered a net profit of S$146.4 million, up 4.6 per cent from S$140 million from H1 2024. Shares of Olam closed up 1 per cent, or S$0.01, at S$1.05 on Wednesday.