Stocks to watch: Wilmar, SIA, Genting Singapore, Seatrium, StarHub, FEHT, The Hour Glass

THE following companies saw new developments that may affect trading of their securities on Friday (Feb 21):

Wilmar : It posted on Thursday a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December. Revenue for the half year rose 5.3 per cent to US$36.4 billion on stronger sales volumes. Full-year revenue rose 0.3 per cent to US$67.4 billion and net profit fell 23.3 per cent to US$1.2 billion. The company proposed a final dividend per share of S$0.10, slightly lower than S$0.11 the year before. Wilmar shares ended Thursday at S$3.21, up 0.9 per cent or S$0.03, before the announcement.

Singapore Airlines (SIA) : The national carrier’s net profit surged 146.7 per cent to S$1.6 billion for the third quarter ended Dec 31, from S$659 million in the year-ago period. Revenue climbed 2.7 per cent to S$5.2 billion, from S$5.1 billion. The company attributed the boost to a one-off non-cash accounting gain of S$1.1 billion, it said on Thursday. SIA shares closed down 0.2 per cent or S$0.01 at S$6.42 on Thursday, before the business update.