{
  "id": 1384198,
  "title": "Stocks to watch: Straits Trading, OUE, Hotel Properties",
  "url": "https://urgent.news/2026/08/17/stocks-to-watch-straits-trading-oue-hotel-properties",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T00:32:18.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/stocks-watch-straits-trading-oue-hotel-properties"
  },
  "original_language": "en",
  "account": "Straits Trading Company reported a significant improvement in its financial performance for the first half of the year, posting a net loss of S$11.1 million compared to a loss of S$40.8 million in the same period last year. The company's resources segment performed well, contributing to the narrower loss. Revenue for H1 was up 49.5% year-on-year to S$400 million, up from S$267.5 million. The stock closed at S$1.62 before the release of the results, remaining unchanged. OUE, a real estate and healthcare group, reported a loss of S$114.6 million for the same period, reversing from a net profit of S$35.6 million a year ago. The downturn was mainly due to an impairment loss of S$47 million on its investment in Gemdale Properties and Investment, a Hong Kong-based company. Revenue for OUE's H1 was up 5.3% year-on-year at S$308.3 million. Shares of OUE rose 1% or S$0.01 to S$0.985 before the results were announced.",
  "summary": "[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Aug 17):",
  "key_points": [
    "Straits Trading Company reduced net loss to S$11.1 million in H1",
    "OUE incurred S$114.6 million loss, up from S$35.6 million prior year",
    "OUE shares increased 1% to S$0.985 pre-results announcement"
  ],
  "editors_take": "Straits Trading's improved financial performance and revenue growth may boost investor confidence, while OUE's impairment loss and reversal of profit may raise concerns about its financial health and investment strategy.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}