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Next Week’s News Today: Singapore Airlines On The Runway

The earnings season carries on apace next week with DBS (SGX: D01) set to post quarterly numbers on Monday.

Last week United Overseas Bank (SGX: U11) and Oversea Chinese Banking Corporation (SGX: O39) reported mixed results. OCBC said core profits were up 7% but UOB posted a 1% dip in quarterly earnings. Interestingly, while UOB said net interest margin increased to 1.77%, OCBC said it fell 0.02% to 1.66%.

Both Singapore Airlines (SGX: C6L) and SIA Engineering (SGX: S59) have numbers to report next week too. In July SIA Engineering said it had been hit by rising business costs and competition.

The company said at the time that market conditions for the aircraft maintenance, repair and overhaul sector remained challenging. Conditions could not have been more different at Singapore Airlines. It had its best first quarter since 2011.

Sticking with things that fly, defence contractor, Singapore Technologies Engineering (SGX: S63), which recently bagged S$410m of new contracts, reports numbers next week. In July the company posted a drop in revenues and a fall in profits. But it did increase dividends by 25%.

Other companies in the spotlight include CapitaLand (SGX: C31), Jardine Cycle & Carriage (SGX: C07) and StarHub (SGX: CC3).

On the economic front, China will post inflation numbers, the US and Singapore will report retail sales figures.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.