Singtel hits five-year high; no reprieve for Yangzijiang as stock slides further

Quick Summary:

Shares of Singtel were heavily traded through the week and closed on May 23 at $3.88.

Group revenue, which was mainly generated by sales at the Metro Paragon and Metro Causeway Point department stores in Singapore, fell by almost 10 per cent year on year to $104.5 million.

In its first-quarter business update on May 19, Thakral, which invests in real estate and lifestyle brands, revealed that its revenue for the period had risen by 26.6 per cent year on year to $76 million.

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Article Details

Author / Journalist: Kang Wan Chern

Category: EconomyBusiness

Markets: SingaporeAustraliaChinaIndiaVietnam

Topics: Cent Company Reported Profit Cents Week Billion Million Singapore Year Shares

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-26 @ 05:00:00 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 1487 words

Reading Time: 9 minutes read

Sentences: 52 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28967234

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