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3 Singapore Blue-Chip Stocks That Could Report a Positive Earnings Surprise
By The Smart Investor  •  October 20, 2022
As the world reopens and economies sputter back to life, many companies are also seeing improved prospects. Investors who have endured a tough two years can now rejoice. Blue-chip stocks are no different, with many enjoying healthy tailwinds that look set to lift revenue, net profits and free cash flow. The good news is that some of these names may even raise their dividends in line with their improved results. We profile three such blue-chip names that could spring a pleasant surprise for investors in the upcoming earnings season. DBS Group (SGX: D05) Singapore’s largest bank has been a bastion of strength over the last two years. The lender had ended 2021 with a record S$6.8 billion in net profit as it wrote back provisions and chalked up a healthy surge in fee income. That momentum has carried over into the first half of 2022 (1H2022) as the bank reported a net profit of...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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