Friday, July 7, 2017

The 8 Singapore Companies With Market Caps Above Singapore Dollars (SG$s) 10 Bil and Reporting in SG$s Had Their 2016 Audited Total Net Profits Decline By 7% From 2015

From a review of the fine Google Finance Website, company investor relations websites and the US SEC website, I found 15 Companies headquartered in Singapore which had Stock Market Capitalizations in mid 2015 of either more than SG$10 Bil or US$5 Bil.  The SG$ is now the equivalent of US$ 0.72339.

Eight of these fifteen Singapore Companies reported in SG$s and the other seven reported in US$s.   
 
Below here are the reported Audited Net Profits (Losses) first for each of these 8 Companies reporting in SG$s for all years from 2007 through 2016, and then followed by the 7 Companies reporting in US$s:


2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

Most Audited Audited Audited Audited Audited Audited Audited Audited Audited Audited
Recent Net Net Net Net Net Net Net Net Net Net
2016 Profit Profit Profit Profit Profit Profit Profit Profit Profit Profit
Singapore Largest Companies FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)

mil SG$s mil SG$s mil SG$s mil SG$s mil SG$s mil SG$s mil SG$s mil SG$s mil SG$s mil SG$s
Reporting in Singapore Dollars (SG$s)









Market Cap Above SG$ 10Bil










DBS Group Holdings Ltd Dec16       4,238       4,454       4,046       3,672       3,809       3,035       1,632       2,041       1,929       2,278
Singapore Telecommunications Limited Mar17       3,853       3,871       3,782       3,652       3,508       3,989       3,825       3,907       3,448       3,960
Overseas-Chinese Banking Corp Limited Dec16       3,473       3,903       3,842       2,768       3,993       2,312       2,253       1,962       1,749       2,071
United Overseas Bank Ltd Dec16       3,096       3,209       3,249       3,008       2,803       2,327       2,426       1,902       1,937       2,109
CapitaLand Limited Dec16       1,190       1,066       1,161          840          909       1,057       1,426       1,053       1,260       2,759
Great Eastern Holdings Limited Dec16          589          785          879          675       1,189          386          507          517          272          547
Singapore Technologies Engineering Ltd Dec16          484          529          532          581          576          528          491          444          474          504
Singapore Airlines Mar17          360          804          368          359          379          336       1,092          216       1,062       2,049












Total all 8
    17,283     18,621     17,859     15,555     17,166     13,970     13,652     12,042     12,131     16,277












Total Annual Earnings % Change:










….. 2016 Below 2015
-7%
































mils US$s mils US$s mils US$s mils US$s mils US$s mils US$s mils US$s mils US$s mils US$s mils US$s
Reporting in US$s










Market Cap Above US$ 5 Bil










Broadcom Ltd* Oct16     (1,749)       1,391          309          552          563          552          415          (44)            57        (220)
Flextronics International Ltd Mar17          320          444          601          366          303          521          612            32     (5,929)        (664)
Market Cap Above SG$10 Bil










Jardine Matheson Holdings Limited Dec16       2,503       1,799       1,710       1,566       1,671       3,432       3,068       1,725          619       2,028
Wilmar International Limited Dec16          972       1,023       1,156       1,319       1,255       1,601       1,324       1,882       1,531          580
Global Logistics Properties Ltd Mar17          794          719          486          685          684          541          706         NA          NA          NA 
Keppel Corporation Limited Dec16          784       1,525       1,885       1,846       2,237       1,946       1,591       1,551       1,080       1,062
Del Monte Pacific Ltd Apr17            24            57          (43)            16            32            28            16            11            37            39












Total all 7
      3,648       6,958       6,104       6,350       6,745       8,621       7,732       5,157     (2,605)       2,825











Earnings Improvement:










….. 2016 Over 2008
      6,253
   








*It should be pointed out that Broadcom Ltd's year ended October 2016 Loss included one-time substantial acquisition-related charges.  To illustrate, for the most recent six months ended April 2017, Broadcom's net income was US$725 mil, whereas for the previous year's six months, it was a Loss of US$840 mil.