4 Singapore blue chip stocks that reported higher profits
By Beansprout  •  May 23, 2024

What happened?

During our recent webinar on identifying income opportunities in Singapore, I shared that one of the factors to consider when picking dividend stocks is whether the company’s profits are improving.  This will provide us with some indication on whether the dividends are sustainable. Hence, scouting for strong businesses with wide moats that have increased their profits is one way to go about identifying suitable investment opportunities. We earlier wrote about Singapore REITs that raised their distributions in 2023.  In this article, I will identify four Singapore blue-chip companies that recently reported higher profits. Here are 4 stocks that announced higher earnings - DBS, OCBC, Genting Singapore and ComfortDelgro.

4 Singapore blue chip stocks that reported higher profits

#1 – DBS Group

DBS is Singapore’s largest bank by market capitalisation.

The bank recently saw its market capitalisation cross the pivotal S$100 billion mark, a first for any Singapore company.

This milestone

Read the full article
By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.

Your email address will not be published.


Your Email Address will not be published

Read More Articles
More from thefinance