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Sunday, 15 November 2026
Markets

Singapore Stocks Split: Singtel’s Profit Slumps, Genting Struggles as Palm Oil Producers Surge

Singapore-listed companies reported mixed earnings, with Singtel and Genting Singapore posting lower net profits while palm oil producers delivered stronger results and ST Engineering increased revenue.

By Rebecca Hsu8 min read

Corporate earnings reveal contrasting fortunes across Singapore’s stock market, with stronger plantation profits and engineering revenue offset by weaker gaming and transport performance.

SINGAPORE, 14 November 2026 – Singapore-listed companies have reported sharply contrasting financial results, with telecommunications giant Singtel posting a steep decline in reported profit, Genting Singapore facing weaker gaming revenue and palm oil producers benefiting from stronger operating performance.

The latest earnings announcements, released around Friday, 13 November, cover eight companies operating across telecommunications, engineering, integrated resorts, plantations, public transport and consumer products.

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Author

  • Rebecca Hsu

    Rebecca Hsu is a Senior Economist and Lead Analyst for The Ledger Asia, focusing on the rapidly evolving financial landscapes of East and Southeast Asia. With a background in sovereign risk assessment and emerging market trends, Rebecca provides sharp commentary on trade dynamics, monetary policy, and the digital economy's impact on regional growth.

    Formerly a strategic advisor for major financial institutions in Hong Kong, she excels at translating complex macroeconomic shifts into actionable insights for investors and policymakers. Her work at The Ledger Asia centers on China’s economic transition and the burgeoning manufacturing hubs of ASEAN, ensuring readers stay ahead of Asia’s shifting financial tides.