Stocks to watch: Sri Trang Gloves, OKP, SIIC, Ban Leong, Unusual, Yongmao

THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 9):

Sri Trang Gloves: STG The dual-listed group recorded a net profit of 4.53 billion baht (S$185.2 million) for the third quarter ended Sep 30, 2021, up 3 per cent on-year from 4.40 billion baht on higher revenue. Its board of directors has approved the payment of interim dividends at 1.25 baht per share to shareholders. Shares of Sri Trang Gloves fell 1.7 per cent or S$0.02 to S$1.18 on Nov 8, before the results were released.

OKP Holdings: 5CF The infrastructure and civil engineering company has secured a contract worth S$39.9 million from the Public Utilities Board. This brings the group's current net construction order book to S$360.8 million, with contracts extending till 2025. Shares of OKP closed down S$0.005 or 2.6 per cent at S$0.185 on Monday (Nov 8), before the announcement was made.

SIIC Environment Holdings: BHK Its revenue increased by 10.7 per cent to 181.1 million yuan (S$38.2 million) for the quarter ended Sep 30, 2021, announced the mainboard-listed company on Monday (Nov 8). No interim dividend was declared for the quarter, as was the case a year ago. Shares of SIIC Environment were up S$0.005 or 2.3 per cent to close at S$0.225, before the financial results were released.

Ban Leong Technologies: B26 The group's net profit rose 64.9 per cent to S$3.9 million for the half year ended Sep 30, 2021, from S$2.3 million a year ago. An interim dividend of S$0.0125 was declared for the period under review. Shares in Ban Leong closed flat at S$0.37 on Monday (Nov 8), before financial results were released.

UnusuaL Limited: 1D1 The events-production unit of mm2 Asia narrowed its net loss by 54.1 per cent to S$1.6 million in the half-year ended Sep 30, 2021 despite lower revenue. In a bourse filing on Monday (Nov 8), the group noted that completed projects for production and others segments increased in H1 FY2022 with the gradual resumption of small-scale live performances in Singapore. Shares of Unusual closed flat at S$0.136, before the news.

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Yongmao Holdings: BKX The mainboard-listed crane builder Yongmao Holdings saw net profit surge by 78.8 per cent to 44.5 million yuan (S$9.39 million) for the half-year ended Sep 30, 2021, from 24.9 million yuan a year ago. While the group saw an increase in revenue over the half-year period, it noted that the operating environment in the next 6 months remains challenging. Prior to the results its shares closed flat at S$0.765 on Monday (Nov 8).

Vividthree Holdings: OMK The virtual reality, visual effects and computer-generated imagery production studio saw its net loss widen to S$1.8 million for H1 FY2022 despite higher revenue as expenses grew. Revenue surged 297.5 per cent to S$1.2 million in the same period from S$299,816 the year before, mainly due to recovery in the company's post-production segment. Shares of Vividthree closed unchanged at S$0.06 on Monday (Nov 8), before results were announced.

Trading halts:

Shares of Oceanus Group 579 : 579 0% have been halted since the midday break on Monday (Nov 8), last trading unchanged at S$0.039.

SingHaiyi Group 5H0 : 5H0 0% last ended Nov 8 S$0.001 or 0.9 per cent lower at S$0.108 before requesting a trading halt on Tuesday (Nov 9) morning.