[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 23):
SIA Engineering: The aircraft maintenance provider on Tuesday reported a net profit of S$42.9 million for Q1 ended Jun 30, up 29.2 per cent from S$33.2 million in the same period a year before. Its revenue for Q1 FY2026 was at S$358.4 million, 33.4 per cent higher than the S$268.7 million in Q1 FY2025. The group’s expenditure rose “at a slightly slower rate” of 32 per cent to S$353.3 million, mainly due to higher material and manpower costs. Shares of SIA Engineering closed 0.9 per cent or S$0.03 higher at S$3.35, before the results were released.
Singapore Post (SingPost): The national postal service provider said on Tuesday that it has sold its entire freight forwarding business Famous Holdings for S$177.9 million. The divestment resulted in a realised gain of S$10.5 million and around S$104 million in cash. Shares of SingPost ended on Tuesday 0.8 per cent or S$0.005 lower at S$0.64.
DFI Retail Group: The supermarket and retail store operator’s announced on Tuesday that its underlying profit rose 38.9 per cent to US$105 million for the first half ended Jun 30, from US$75.6 million a year ago. This comes despite half-year revenue inching down to US$4.39 billion from US$4.4 billion in the same period a year prior. The counter ended on Tuesday 1 per cent or US$0.03 higher at US$3.16.
Aztech Global: The company’s net profit tumbled 65.5 per cent to S$16.1 million from S$46.7 million for H1 ended Jun 30. Revenue also declined by 50.3 per cent to S$185.4 million in H1 2025, from S$373.2 million in H1 2024. The weaker net profit and revenue was largely due to subdued customer demand, said the manufacturer. Earnings per share stood at S$0.0208 for the half year, down from S$0.0604 in H1 2024. Its shares closed at S$0.605 on Tuesday, up S$0.005 or 0.8 per cent.
Hutchison Port Holdings (HPH) Trust: The container port business trust reported a distribution per unit of HK$0.05 for the first half ended Jun 30, unchanged from the same year-ago period. This was despite net profit surging 67.6 per cent to HK$265.1 million (S$43.3 million), from HK$158.1 million in H1 2024, the company said on Tuesday. The distribution will be paid out on or around Sep 19, after books closure on Jul 30. Units of HPH Trust closed 0.6 per cent or US$0.001 higher at US$0.184 on Tuesday.
Copyright SPH Media. All rights reserved.