We are right smack in the middle of the earnings season now and several blue-chip stocks have already announced their latest financial results.
Investors will be curious to assess the impact of high inflation and surging interest rates on revenue, net profit and dividends.
These headwinds have persisted throughout this year and are threatening many businesses with higher costs and depressed profits.
Despite these challenges, a few blue-chip companies still managed to beat the odds and post higher profits, with their share prices performing well year-to-date.
We highlight four such stocks and review them to see if their share prices can continue to do well.
Yangzijiang Shipbuilding (SGX: BS6)
Yangzijiang Shipbuilding, or YZJ, is one of the largest private shipbuilding companies in China.
The group has four shipyards in China and produces a wide range of commercial vessels ranging from large containerships to bulk and LNG carriers.
For the first half of 2023 (1H 2023), YZJ reported a 16% year...