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Investors’ Alert! 3 Companies That Still Grew In Troubled-2015

2015 is likely to be a year that most investors would want to forget. The Straits Times Index (SGX: ^STI) fell by over 14% in the year, marking one of its worst performances since 2008.

Yet, it wasn’t a gloomy time for all companies listed in Singapore as there were some firms that managed to grow their businesses in 2015. Let’s look at three such firms.

The Capita strikes back

It seems property cooling measures might not necessarily mean cooling business conditions for real estate outfit, CapitaLand Limited  (SGX: C31). Despite the weak property markets in China and Singapore (CapitaLand’s core geographical markets), CapitaLand still saw strong growth in 2015.

CapitaLand's revenue, operating income, and net income (2014 vs 2015)
Source: S&P Capital IQ

CapitaLand’s revenue increased by 25.6% year-on-year for the first nine months of 2015. Meanwhile, its operating and net income had stepped by up 30.4% and 8.8% year-on-year, respectively, over the same period. Those are very impressive numbers given the tough cooling measures for the property market that have been implemented in Singapore and the general weaker economy.

It would be interesting to observe how CapitaLand’s business might perform in 2016.

The Singapore Flyer awakens

The Singapore Flyer, an iconic local tourism landmark, got itself a new owner back in 2014 when Straco Corporation Limited (SGX: S85) bought it.

The Flyer appears to be a tough asset to run given that it had fallen into receivership back in May 2013. But within a year of purchasing the Flyer, Straco has been busy with turning the troubled asset around and it seems the company’s efforts might be paying off.

Straco's revenue, operating income, and net income (2014 vs 2015)
Source: S&P Capital IQ

Straco’s revenue, operating income, and net income numbers for the first nine months of 2015 had displayed strong year-on-year growth of 42.4%, 25.5%, and 28.2%, respectively. But what is even more impressive is that the company’s operating cash flow over the same period had spiked by 47.4% from a year ago.

Return of the Exchange

The third company on our list is bourse operator Singapore Exchange Limited (SGX: S68). Due to the volatility experienced in the financial markets in Singapore and other parts of Asia during 2015, Singapore Exchange had benefited from increased trading, especially in its derivatives business.

Singapore Exchange revenue, operating income, and net income table
Source: S&P Capital IQ

As a result, Singapore Exchange had booked a 13.4% increase in revenue in FY2015 (fiscal year ended 30 June 2015). Its operating and net income had also logged steady growth of 8.2% and 8.8%, respectively.

In the first quarter of FY2016, Singapore Exchange had seen a continuation of its growth trend with its top-line and bottom-line seeing respective year-on-year spikes of 30% and 28%. Singapore Exchange is one company that might continue to benefit from the current volatile market conditions that we are seeing.

Foolish Summary

The three companies above had produced solid business growth in 2015. Let’s see if they are able to continue doing so in 2016.

Meanwhile, if you'd like more investing insights and analysis, you can sign up for a FREE subscription to The Motley Fool's weekly investing newsletter, Take Stock Singapore

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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 writer Stanley Lim owns shares in Straco Corporation Limited.