Excerpts from UOBKayHian report Thai Beverage (SGX: Y92) Thai Beverage (THBEV) released its 1QFY24 business update whereby overall revenue fell 5.9% yoy, dragged by the beer segment. However, 1QFY24 EBITDA increased 1.9% yoy on more efficient A&P spending along with lower raw material costs. The spirits segment continues to benefit from a better product mix
Read MoreSingapore stocks are well-known for investing for dividend income. There is a wide range of stocks listed in Singapore Exchange that pay out consistent dividends allowing investors to enjoy a stream of passive income. What’s even more attractive are companies that increase their dividends over time and this lifting their share price. Here are 4 Singapore
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Read MoreExcerpts from Maybank report DBS Group Holdings (SGX: D05) DBS Group 2023 earnings were marginally ahead of MIBG/Street. Earnings growth has peaked. However, levers such as loan growth, fee income and large general provision overlays should allow the Group to keep earnings supported at current levels. Its shift to deliver higher base dividends, bonus share
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