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The Heavyweights of Singapore’s Stock Market: Blue Chips Explained
The Smart Investor· 2025-10-09 03:30
Straits Times Index (^STI) is the main benchmark of Singapore’s stock market.The index tracks the top 30 listed companies on the Singapore Exchange (SGX).Collectively known as blue chips, they are often regarded as well-established with strong reputations and solid financial standing.While they are less volatile, they are by no-means risk free.Sector AllocationThe STI’s 30 blue chip stocks cut across multiple industries of Singapore’s diverse economy.The index, however, is heavily weighted towards financial ...
X @Bloomberg
Bloomberg· 2025-10-06 02:17
Private equity firm Aurelius is exploring a sale of LSG's Asia Pacific airline catering business, sources say https://t.co/3Eu4jfR5vx ...
Looking for Reliable Singapore Blue-Chip Stocks? These 4 Definitely Make the Cut
The Smart Investor· 2025-09-21 23:30
Core Insights - Blue-chip stocks are essential for a stable investment portfolio, providing a reliable source of passive income through dividends [1] Group 1: DBS Group (SGX: D05) - DBS is Singapore's largest bank by market capitalization, offering a wide range of banking, insurance, and investment services [3] - In 1H 2025, total income rose by 5% year on year to S$11.6 billion, driven by a 3.2% increase in net interest income to S$7.3 billion [3] - Fee and commission income surged 17% year on year to S$2.4 billion, with profit before tax reaching a record S$6.8 billion, up 3% year on year [4] - Net profit decreased by 1% year on year to S$5.7 billion due to a 15% global minimum tax rate [4] - An interim dividend of S$0.75 was declared, which is 39% higher than the previous year's S$0.54 [5] Group 2: Singapore Exchange Limited (SGX: S68) - SGX is the sole stock exchange operator in Singapore, enjoying a natural monopoly [6] - For FY2025, net revenue increased by 11.7% year on year to S$1.3 billion, with net profit excluding one-off items climbing 16% year on year to S$609.5 million [6] - A final dividend of S$0.105 was declared, 16.7% higher than the previous year's S$0.09 [7] - SGX anticipates medium-term revenue growth of 6% to 8% per annum, supported by product developments and global partnerships [8] Group 3: Singapore Technologies Engineering (SGX: S63) - STE operates in aerospace, smart city, and public security sectors, known for consistent dividend payouts [9] - Revenue for 1H 2025 rose 7.2% year on year to S$5.9 billion, with operating profit improving by 15.2% year on year to S$602.2 million [9] - Net profit increased nearly 20% year on year to S$402.8 million, with an interim dividend of S$0.04 declared [10] - The order book stood at S$31.2 billion, with S$5 billion expected to be delivered for the remainder of the year [10] Group 4: SATS Ltd (SGX: S58) - SATS provides air cargo handling services and is Asia's leading airline caterer, operating over 225 stations across 27 countries [12] - Revenue for 1Q FY2026 rose 9.9% year on year to S$1.5 billion, while operating profit increased nearly 11% year on year to S$125.2 million [13] - Net profit increased by 9.1% year on year to S$70.9 million, with cargo tonnage reaching a record high of 3.2 million tonnes [13] - The number of flights handled rose 3.2% year on year to 279,100, and meals served increased by 5.6% year on year to 39.1 million [14]
gategroup announces launch of syndication for new term loan financing
Globenewswire· 2025-05-15 17:40
Ad hoc announcement pursuant to Art. 53 of the SIX Swiss Exchange Listing Rules gategroup announces launch of syndication for new term loan financing May 15, 2025 gategroup Holding AG and its subsidiaries (together "gategroup") is announcing that it is launching a syndication in the institutional loan market of proposed new senior secured term loan Bs. In connection with the financing, gategroup also expects to enter into a new revolving credit facility in an amount of approx. CHF 300 million (equivalent) ...
gategroup publishes 2024 Annual Report
Globenewswire· 2025-03-04 20:34
Core Insights - gategroup achieved record revenues of CHF 5.2 billion in 2024, marking an 11% increase from CHF 4.7 billion in 2023 [1] - EBITDA rose significantly by 73% to CHF 391 million, compared to CHF 226 million in the previous year [1] - The company's cash and cash equivalents increased to CHF 355 million as of December 31, 2024, up from CHF 285 million at the end of 2023 [1] Financial Performance - The year 2024 was characterized as a year of action and affirmation by the CEO, with all regions contributing to the highest revenue ever [2] - Improvements in EBITDA, operating cash flow, liquidity position, and balance sheet indicate strong financial performance [2] Company Overview - gategroup is recognized as the global leader in airline catering, retail-on-board, and hospitality products and services [3] - The company operates over 200 units in more than 60 countries, providing superior culinary and retail experiences through innovation and advanced technology [3]