Here are some stocks to watch this Tuesday morning.
Keppel Corporation reported a 41.5% slump in net profit to $210.6 million. Revenue dropped 38% to $1.7 billion as revenue the property division only partially offset reduced sales in the offshore and marine, infrastructure and investment divisions. Keppel said that its offshore and marine division has secured $200 million of new orders to date, and it has a net order book of $8.6 billion.
ST Engineering’s aerospace arm secured new contracts worth $443 million in the first quarter. These are for projects such as heavy airframe maintenance and cabin interior modifications for commercial airlines and VIP customers. Other projects for the first three months of the year involve component repair and overhaul.
Hutchison Port Holdings (HPH) Trust posted a near doubling of its earnings in 1Q despite a slide in revenue, thanks to a government refund. Net profit for the three months ended March 31 jumped 94.2% from the previous year to HK$554.9 million ($97 million). This was even though revenue dropped 6.7% year-on-year to HK$2.75 billion.
Qian Hu Corporation's net profit for the first quarter ended March fell 89.3%, from $112,000 a year ago to $12,000. Revenue slid 5.6% to $19.6 million from $20.8 million a year ago.
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Keppel Corporation reported a 41.5% slump in net profit to $210.6 million. Revenue dropped 38% to $1.7 billion as revenue the property division only partially offset reduced sales in the offshore and marine, infrastructure and investment divisions. Keppel said that its offshore and marine division has secured $200 million of new orders to date, and it has a net order book of $8.6 billion.
ST Engineering’s aerospace arm secured new contracts worth $443 million in the first quarter. These are for projects such as heavy airframe maintenance and cabin interior modifications for commercial airlines and VIP customers. Other projects for the first three months of the year involve component repair and overhaul.
Hutchison Port Holdings (HPH) Trust posted a near doubling of its earnings in 1Q despite a slide in revenue, thanks to a government refund. Net profit for the three months ended March 31 jumped 94.2% from the previous year to HK$554.9 million ($97 million). This was even though revenue dropped 6.7% year-on-year to HK$2.75 billion.
Qian Hu Corporation's net profit for the first quarter ended March fell 89.3%, from $112,000 a year ago to $12,000. Revenue slid 5.6% to $19.6 million from $20.8 million a year ago.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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