SINGAPORE - The following companies saw new developments that may affect trading of their shares on Thursday :
Singapore Airlines : The national carrier on Wednesday described the Covid-19 pandemic as the greatest challenge ever faced by the aviation industry, and said that the industry is likely to remain highly competitive even after the crisis blows over. SIA shares closed at $4 on Wednesday, down $0.29 or 6.8 per cent before the announcement.
Olam International: It recorded a 6.1 per cent rise in profit after tax and minority interests to $179.1 million for the first quarter ended March 31, 2020, from $168.8 million a year ago, according to a business update on Thursday. Olam shares closed at $1.54 on Wednesday, up $0.01 or 0.7 per cent.
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Source: BusinessTimes - 🏆 15. / 51 Read more »