Stocks to watch: UOB, StarHub, Sats, AA Reit, Coliwoo, Avi-Tech Holdings
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (May 7):
UOB : UOB reported on Thursday that its net profit for the first quarter fell 4 per cent on a softer operating environment. Net profit for the three months ended Mar 31, 2026, came in at S$1.44 billion, compared with S$1.49 billion a year earlier. This was above the S$1.39 billion consensus estimate in a Bloomberg survey of four analysts. Shares of UOB closed 1 per cent or S$0.37 higher at S$36.65 on Wednesday.
StarHub : The telco posted a net profit of S$5.9 million for its first quarter ended Mar 31, down 81.3 per cent from S$31.8 million in the year-ago period. The group said in a Thursday business update that revenue fell 6.1 per cent to S$507.3 million from S$540.5 million in Q1 2025, amid lower contributions from its consumer and enterprise businesses. StarHub shares ended Wednesday down 1 per cent or S$0.01 at S$1.01.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources