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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.