Excerpts from CGS International report Singapore Telecommunications (SGX: Z74) Singtel 3QFY24 core net profit of S$559m a slight miss on weak associate profits. Singtel guided for FY24 dividend payout to be at the upper end of 70-90%. SG business should benefit from absence of Trustwave losses and NCS ramp-up, while cost synergies from restructuring should
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The semiconductor industry has been in the doldrums since 2023. According to SEMI, semiconductor growth is expected to resume in 2024, with sales forecast to reach a new high of $124 billion in 2025. This could be a sign that the slump is ending soon with a recovery poised to take place. Here are 4
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May 2024 Update: Looking for a Cheaper Electricity Retailer in Singapore and saving the earth at the same time? Then you need to opt for Senoko LifeGreen24 plan to power your home with 100% solar energy! You not only get to reduce 4,301kg of carbon emissions, you are saving $280.70 compared to getting the same
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Excerpts from UOBKayHian report Wilmar International (SGX: F34) Wilmar ’s 1Q24 results came in below expectations due to lower-than-expected margins from feed & industrial products. The weakness is attributable to weaker-than-expected margins despite the higher sales volume. Note that the China food products segment has continued to improve, with stronger sales volume and better margins.
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