Stocks to watch: OKP, Jumbo and others
THE following stocks may see trading action on Monday after material announcements:
Newly listed chilli crab chain Jumbo Group said on Friday that full-year profit fell 8 per cent to S$10.6 million. Revenue was up 9 per cent to S$122.8 million, but higher employee benefits expenses, operating lease expenses and one-time listing fees of about S$1 million had dragged down profits.
Other stocks that announced their full-year results on Friday after trading hours include Keong Hong Holdings, Nam Lee Pressed Metal Industries, Chew's Group, PNE Industries, BRC Asia, LHN, Amplefield, and Marco Polo Marine.
Meanwhile, infrastructure and civil engineering firm OKP Holdings said on Monday that it had won a S$94.6 million contract from the Land Transport Authority (LTA), for the construction of a viaduct from the Tampines Expressway to the Pan Island Expressway (Westbound) and Upper Changi Road East.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
Europe: Stocks retreat on earnings gloom, weak US economic data
US: Stocks hit by GDP data, Meta results
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover