Can DBS keep growing income as rates fall?
DBS enters its next report from a position of strength. In 2026’s first quarter (1Q2026), the bank delivered a record total income of...Three of Temasek’s largest listed holdings will report their earnings in August.
DBS Group (SGX: D05) is expected to release its latest results within the first or second week of the month.
Sembcorp Industries (SGX: U96) and Singapore Technologies Engineering (SGX: S63) both report on 13 August 2026.
Each release carries a different focus for income investors.
Temasek’s stakes make these reports matter beyond the individual shareholder.
As at 31 March 2026, the global investment company owned 28% of DBS.
That holding was worth around S$45.3 billion against the bank’s market capitalisation of S$161.8 billion.
Temasek held 51% of ST Engineering, worth roughly S$17.2 billion, and 50% of Sembcorp, worth about S$5.9 billion.
Combined, that exposure runs to nearly S$68 billion.
The direction of these dividends feeds directly into Temasek’s income base.
