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Stocks to watch: SIA, Hongkong Land, Jardine Matheson, UOB, Keppel, ThaiBev, Japfa

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Yong Hui Ting

Yong Hui Ting

Published Fri, Jul 29, 2022 · 09:05 AM
    • Keppel said that its higher net profit was underpinned by profitability across all its segments, including the discontinued offshore and marine operations.
    • Keppel said that its higher net profit was underpinned by profitability across all its segments, including the discontinued offshore and marine operations. PHOTO: BT FILE

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    THE following companies saw new developments that may affect trading of their securities on Friday (Jul 29):

    Singapore Airlines (SIA): Singapore’s flag carrier airline on Thursday reversed into the black as it posted an operating profit of S$556 million for Q1 FY2022 ended Jun 30 — the second-highest quarterly operating profit since Q3 FY2007/08. Shares of SIA closed up 0.2 per cent or S$0.01 to S$5.36 on Thursday.

    Hongkong Land : The property play reported on Thursday an 8 per cent rise in H1 2022 underlying net profit to US$425 million from US$394 million a year ago, also reversing into the black with H1 earnings of US$292 million, compared to a loss of US$865 million a year ago. Its shares ended Thursday 1.4 per cent or US$0.07 lower at US$4.86.

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