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\"S-Chips back on recovery track\"

melvinleetc@yahoo.com.sg
Topic Author
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14 years 5 months ago - 14 years 5 months ago #1841 by melvinleetc@yahoo.com.sg

\"S-Chips back on recovery track\" was created by melvinleetc@yahoo.com.sg

BT reported today that \"many S-Chips back on recovery track\". Topping the 9-month result of best performancing S-Chip is Yangzijing. With its 13th position on the list is just two positions below Sembcrop Marine. Its 9 months\'s net profit S$340.49 mil. is already surpassed 2008 full year net profit of S$320.77 mil. As for China Gaoxian, it is ranking 50th position on the list above Swiber with a first 9 months\' net profit of S$60.12 mil. Meanwhile China New Town is making a big profit turn around of S$61.63 mil. compared to a lost of S$95.11 mil the previous 9 months. It is suprisingly ranking no. 49 on the list just about China Gaoxian. Finally, these S-Chips will only become geninue jewel picks if only they can continue to pay out dividends and maintain profit growths.

Last edit: 14 years 5 months ago by chanteik.

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