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Earnings Season Alert: 3 Singapore Blue-Chip Stocks That Could Report Higher Profits
By The Smart Investor  •  January 23, 2024
Earnings season is around the corner. As investors sit back and digest the latest financial updates from the companies they own, all eyes will focus on the crop of blue-chip stocks. The reason is simple. Blue-chip stocks are well-known for their resilience and track record, hence their earnings will set the tone for many other businesses. We highlight three blue-chip stocks that look poised to report higher profits during the upcoming earnings season.

DBS Group (SGX: D05)

DBS is Singapore’s largest bank by market capitalisation. The lender provides a range of banking, insurance, and investment services to corporations and individuals. DBS reported a sparkling set of results for its third quarter 2023 (3Q 2023) earnings. For the first nine months of 2023 (9M 2023), total income grew 27% year on year to S$15.2 billion on the back of a 46% year-on-year jump in net interest income. Net profit climbed 33% year on year to S$7.8 billion....
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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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