SINGAPORE - The following companies saw new developments that may affect trading of their securities on Monday :
ComfortDelGro Corp: Weak ridership during the pandemic dragged the land transport giant into the red for the half year ended June 30, 2020. The group chalked up a net loss of $6 million against a net profit of $146.3 million a year ago, it said in results released on Friday after market close. The counter ended trading at $1.39, down $0.02 or 1.4 per cent.
Halcyon Agri Corp: The natural rubber supplier's net loss widened to US$40.4 million for the half year ended June 30, 2020, from a US$3.4 million loss a year ago, it said in results released on Friday night. Sales volumes fell 13.4 per cent amid weaker demand during the coronavirus pandemic. Halcyon Agri shares were down one cent or 4.4 per cent to 21.5 cents at Friday's close.
Golden Energy and Resources: Net profit for the coal mining and trading company rose 32.4 per cent to US$16.5 million for the first half of this year, lifted by an 18.6 per cent increase in revenue as the company's production volume surged 31.7 per cent. The stock ended Friday flat at 16.4 cents, before its results were released.
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Stocks to watch: Singtel, ComfortDelGro, Mapletree Industrial Trust, Halcyon AgriTHE following companies saw new developments that may affect trading of their securities on Monday: Read more at The Business Times.
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Mapletree Industrial Trust to divest data centre for S$125mMAPLETREE Industrial Trust (MIT) has agreed to sell a data centre located at 26A Ayer Rajah Crescent, Singapore to Equinix Singapore at a proposed price of S$125 million. Equinix had exercised its purchase option that was within the 2015 lease agreement it had with MIT. Read more at The Business Times.
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Halcyon Agri posts US$40.4m net loss for H1NATURAL rubber supplier Halcyon Agri Corp posted a net loss of US$40.4 million for the half-year ended June 30, 2020, widening from a loss of US$3.4 million a year ago. Read more at The Business Times.
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ComfortDelGro books H1 loss of S$6m, no interim dividend declaredWEAK ridership during the pandemic dragged transport operator ComfortDelGro into the red for the half-year ended June 30, 2020. The group chalked up a net loss of S$6 million against a net profit of S$146.3 million a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
ComfortDelGro books H1 loss of S$6m, no interim dividend declaredWEAK ridership during the pandemic dragged transport operator ComfortDelGro into the red for the half-year ended June 30, 2020. The group chalked up a net loss of S$6 million against a net profit of S$146.3 million a year ago. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singtel Q1 earnings fall 24.2% on 'intense' competition, travel restrictionsSINGAPORE Telecommunications (Singtel) posted declines in its group revenue and earnings before interest, tax, depreciation and amortisation (Ebitda) for the first quarter ended June 30, 2020. Read more at The Business Times.
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