Blab Business
Singapores Top Three Listed Firms Set to Unveil Full 2026 Results on August 13
On August 13, Singapore’s three largest listed companies—ST Engineering (SGX: S63), Sembcorp Industries (SGX: U96) and Genting Singapore (SGX: G13)—will publish their 2026 financial statements, completing the picture left open by earlier quarterly or annual updates.
ST Engineering’s first‑quarter market update, issued on 18 May, showed a 11 % year‑on‑year rise in group revenue to S$3.3 billion, with a rebased growth of 15 %. All three operating segments posted gains: Defence & Public Security revenue climbed 13 % to S$1.4 billion; Commercial Aerospace grew 15 % to S$1.3 billion; and Urban Solutions & Satcom rose 18 % to S$525 million, Satcom alone up more than 30 %. The company secured S$4.8 billion in new contracts during the quarter and reported an order book of S$34.5 billion as of 31 March, of which S$8 billion is due for delivery later in the year. Profit, cash flow and a detailed dividend schedule were not included in the update. ST Engineering announced a 1Q2026 interim dividend of S$0.04 per share; its FY2025 total dividend was S$0.23 per share, including a special dividend of S$0.05.
Sembcorp’s most recent full‑year report, released on 25 February, covers FY2025. Revenue fell 10 % YoY to S$5.8 billion, driven by lower electricity offtake, weaker pool and gas prices in Singapore, and reduced plant availability in the UK. The divested waste‑management business contributed no revenue. Renewables partially offset the decline, with new capacity in Singapore, India and the Middle East. Net profit attributable to owners dipped 3 % YoY to S$984 million, while profit before exceptional items and foreign‑exchange movements on the deferred‑payment note stayed broadly flat at S$1 billion. Free cash flow swung to a positive S$208 million from a negative S$196 million in FY2024, largely due to moderated capital expenditure. The company raised its ordinary dividend to S$0.25 for FY2025, a 9 % increase from S$0.23. At year‑end, Sembcorp held S$1.1 billion in cash against total borrowings of S$9 billion, excluding lease liabilities. The group completed the acquisition of Alinta Energy on 11 June 2026; the transaction is expected to influence the company’s cash generation in the first half of the year.
Genting Singapore’s first‑quarter overview, released on 12 June, reported revenue of S$607.6 million, down 3 % YoY from S$626.2 million. Gaming revenue fell 8 % to S$403.4 million, while non‑gaming revenue rose 8 % to S$204.1 million, reflecting higher visitor numbers at Universal Studios Singapore and the Singapore Oceanarium. Net profit fell 55 % YoY to S$65.2 million, and adjusted EBITDA declined 24 % to S$179 million. The quarterly update did not disclose free cash flow, cash position, borrowings or dividend information; those figures will appear in the full results announcement.
The three releases on August 13 will provide the missing data investors need to assess each company’s financial health. For ST Engineering, the full results will reveal profit, cash flow and the final dividend amount. Sembcorp’s announcement will clarify how the Alinta acquisition and the renewable‑energy expansion affect cash generation and debt levels. Genting Singapore’s complete report will supply the cash‑flow picture that is absent from the quarterly overview.
Analysts and shareholders will be watching the cash‑flow statements closely, as cash generation is a key driver of dividend sustainability. The order book figures for ST Engineering and the capital‑expenditure trends for Sembcorp are also likely to influence market expectations for the companies’ future earnings.
In summary, on 13 August the three firms will release the full 2026 financial statements that fill gaps left by earlier updates. Investors will gain a clearer view of profitability, liquidity, debt and dividend policy, and will be able to compare the companies’ performance against each other and against broader market trends.
ST Engineering’s first‑quarter market update, issued on 18 May, showed a 11 % year‑on‑year rise in group revenue to S$3.3 billion, with a rebased growth of 15 %. All three operating segments posted gains: Defence & Public Security revenue climbed 13 % to S$1.4 billion; Commercial Aerospace grew 15 % to S$1.3 billion; and Urban Solutions & Satcom rose 18 % to S$525 million, Satcom alone up more than 30 %. The company secured S$4.8 billion in new contracts during the quarter and reported an order book of S$34.5 billion as of 31 March, of which S$8 billion is due for delivery later in the year. Profit, cash flow and a detailed dividend schedule were not included in the update. ST Engineering announced a 1Q2026 interim dividend of S$0.04 per share; its FY2025 total dividend was S$0.23 per share, including a special dividend of S$0.05.
Sembcorp’s most recent full‑year report, released on 25 February, covers FY2025. Revenue fell 10 % YoY to S$5.8 billion, driven by lower electricity offtake, weaker pool and gas prices in Singapore, and reduced plant availability in the UK. The divested waste‑management business contributed no revenue. Renewables partially offset the decline, with new capacity in Singapore, India and the Middle East. Net profit attributable to owners dipped 3 % YoY to S$984 million, while profit before exceptional items and foreign‑exchange movements on the deferred‑payment note stayed broadly flat at S$1 billion. Free cash flow swung to a positive S$208 million from a negative S$196 million in FY2024, largely due to moderated capital expenditure. The company raised its ordinary dividend to S$0.25 for FY2025, a 9 % increase from S$0.23. At year‑end, Sembcorp held S$1.1 billion in cash against total borrowings of S$9 billion, excluding lease liabilities. The group completed the acquisition of Alinta Energy on 11 June 2026; the transaction is expected to influence the company’s cash generation in the first half of the year.
Genting Singapore’s first‑quarter overview, released on 12 June, reported revenue of S$607.6 million, down 3 % YoY from S$626.2 million. Gaming revenue fell 8 % to S$403.4 million, while non‑gaming revenue rose 8 % to S$204.1 million, reflecting higher visitor numbers at Universal Studios Singapore and the Singapore Oceanarium. Net profit fell 55 % YoY to S$65.2 million, and adjusted EBITDA declined 24 % to S$179 million. The quarterly update did not disclose free cash flow, cash position, borrowings or dividend information; those figures will appear in the full results announcement.
The three releases on August 13 will provide the missing data investors need to assess each company’s financial health. For ST Engineering, the full results will reveal profit, cash flow and the final dividend amount. Sembcorp’s announcement will clarify how the Alinta acquisition and the renewable‑energy expansion affect cash generation and debt levels. Genting Singapore’s complete report will supply the cash‑flow picture that is absent from the quarterly overview.
Analysts and shareholders will be watching the cash‑flow statements closely, as cash generation is a key driver of dividend sustainability. The order book figures for ST Engineering and the capital‑expenditure trends for Sembcorp are also likely to influence market expectations for the companies’ future earnings.
In summary, on 13 August the three firms will release the full 2026 financial statements that fill gaps left by earlier updates. Investors will gain a clearer view of profitability, liquidity, debt and dividend policy, and will be able to compare the companies’ performance against each other and against broader market trends.
