{
  "id": 516499,
  "title": "Stocks to watch: UOB Kay Hian, ST Engineering, NetLink NBN, Ho Bee Land, F&N, Concord New Energy",
  "url": "https://urgent.news/2026/08/11/stocks-to-watch-uob-kay-hian-st-engineering-netlink-nbn-ho-bee-land-f",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T00:35:35.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/stocks-watch-uob-kay-hian-st-engineering-netlink-nbn-ho-bee-land-fn-concord-new-energy"
  },
  "original_language": "en",
  "account": "UOB Kay Hian reported a significant increase in net profit, with a 66% surge to S$164.7 million in the first half of FY2026. Revenue also rose 41.8% to S$481.1 million, and interest income grew by 19.9% to S$137.3 million. ST Engineering secured S$2.9 billion in new contracts for the second quarter of 2026, including significant investments in commercial aerospace, defence, public security, and urban solutions segments. The company's shares rose 0.7% before the announcements. NetLink NBN Trust recorded a 22.4% drop in net profit for Q1 FY2027 to S$18.1 million, due to higher depreciation and lower revenue, mainly affected by reduced non-regulated assets base revenue. Ho Bee Land saw a 3% rise in net profit to S$51.1 million for H1, driven by higher settlements from its Australian projects and increased sales from the Turquoise condominium in Sentosa Cove. The property developer's shares closed 1.5% higher at S$2.04 ahead of the news. Beverage maker Fraser and Neave (F&N) reported a 10.4% increase in net profit before exceptional items to S$130.6 million for the nine months ended June 30. Revenue fell 6% to S$1.7 billion due to foreign exchange translation headwinds and geopolitical disruptions. Concord New Energy's first-half net profit fell 66-69% to between 90 million yuan and 100 million yuan, due to grid absorption constraints and climate fluctuations. The company's shares fell 6.8% to close at S$0.055.",
  "summary": "[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 11):",
  "key_points": [
    "UOB Kay Hian's net profit surged 66% to S$164.7 million in H1 FY2026",
    "ST Engineering secured S$2.9 billion in new contracts, shares rose 0.7%",
    "F&N's net profit increased 10.4% to S$130.6 million, but revenue fell 6%"
  ],
  "editors_take": "UOB Kay Hian's sharp profit increase and ST Engineering's significant new contracts suggest improving prospects for these companies, while NetLink NBN Trust and Concord New Energy face challenges affecting their profitability.",
  "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."
}