SGX Market Updates

2020 March Quarter Earnings Schedule for STI Constituents


13 April 2020

  • Majority of the STI Constituents are sticking to quarterly reporting. DBS and OCBC Bank are opting for abridged financial disclosures instead of the detailed quarterly earnings reports.

  • SPH kicked off the current financial reporting season for STI constituents on 7 April with the release of its fiscal 2Q ended 29 February 2020 earnings.

  • Another 6 constituents – Mapletree Commercial Trust, Mapletree Logistics Trust, SGX, Keppel Corp, DBS Bank and UOB – have announced that they will unveil results for the quarter ended 31 March 2020 over the next few weeks.

The Straits Times Index (STI) is the most globally recognised benchmark index and market barometer for Singapore. With a history dating back to 1966, the diversified index tracks the performance of the 30 largest and most liquid companies listed on Singapore Exchange. These 30 constituents have foundations spanning three centuries and multiple sectors, while maintaining a balance between local and regional economic exposures. Currently, these 30 stocks have a combined market capitalisation of over S$400 billion.

Singapore Press Holdings kicked off the current financial reporting season for STI constituents on 7 April with the release of its fiscal 2Q ended 29 February 2020 earnings.

Another 6 constituents have announced that they will unveil results for the quarter ended 31 March 2020 over the next few weeks:

Name Date
Mapletree Commercial Trust 22-Apr-20
Mapletree Logistics Trust  23-Apr-20
Singapore Exchange 24-Apr-20
Keppel Corp 29-Apr-20
DBS Bank 30-Apr-20
United Overseas Bank 6-May-20

Note that DBS Bank has opted for abridged financial disclosures, instead of detailed quarterly earnings reports, for its 1Q and 3Q results. These reports will include profit and loss account, key balance sheet items and financial ratios, as well as business commentary.

For more updated earnings releases by other STI stocks, check out the weekly Economic Calendar.

The table below details released, confirmed and estimated dates of earnings reports by STI constituents, sorted by date. Excluded from this list are Hongkong Land, Dairy Farm International, Jardine Matheson and Jardine Strategic, which already report earnings on a semi-annual basis. Also excluded from this list are ComfortDelGro, Venture Corp, City Developments, UOL Group and Genting Singapore, which have opted to report their results on a semi-annual basis after the regulator abolished mandatory quarterly reporting on 7 Feb 2020.

Name SGX
Market Cap (S$) Date Date Type
SINGAPORE PRESS HOLDINGS T39 2,471,044,608 7-Apr-20 Released
MAPLETREE COMMERCIAL TRUST N2IU 5,225,866,752 22-Apr-20 Confirmed
MAPLETREE LOGISTICS TRUST M44U 5,890,423,808 23-Apr-20 Confirmed
SINGAPORE EXCHANGE S68 9,983,333,376 24-Apr-20 Confirmed
CAPITALAND COMMERCIAL TRUST C61U 5,406,626,816 24-Apr-20 Estimated
CAPITALAND MALL TRUST C38U 5,978,050,560 24-Apr-20 Estimated
JARDINE CYCLE & CARRIAGE C07 7,410,680,320 24-Apr-20 Estimated
ASCENDAS REIT A17U 9,660,561,408 29-Apr-20 Estimated
KEPPEL CORP BN4 10,043,194,368 29-Apr-20 Confirmed
YANGZIJIANG SHIPBUILDING BS6 3,448,513,280 29-Apr-20 Estimated
DBS BANK* D05 46,718,869,504 30-Apr-20 Confirmed
CAPITALAND LTD C31 13,843,372,032 30-Apr-20 Estimated
UNITED OVERSEAS BANK U11 32,479,801,344 6-May-20 Confirmed
THAI BEVERAGE Y92 15,948,475,392 8-May-20 Estimated
WILMAR INTL F34 21,572,960,256 8-May-20 Estimated
OCBC BANK * O39 38,287,876,096 8-May-20 Estimated
SEMBCORP INDUSTRIES S51 2,767,641,088 15-May-20 Estimated
SATS LTD S58 3,230,713,344 15-May-20 Estimated
ST ENGINEERING S63 9,457,351,680 15-May-20 Estimated
SINGAPORE AIRLINES S63 6,814,488,064 15-May-20 Estimated
SINGAPORE TELECOMMUNICATIONS Z74 42,617,847,808 15-May-20 Estimated

* To replace detailed quarterly earnings reports with abridged financial disclosures.
Source: Bloomberg & SGX (data as of 13 Apr 20)

This article is provided by SGX My Gateway.

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