4 Singapore Blue-Chip Dividend Stocks Reporting Higher Profits
With the earnings season coming to a close, we single out four attractive blue-chip stocks that saw an increase in profits.
The current earnings season is drawing to a close.Investors will be surveying the business landscape to assess how companies are performing in light of the tough macroeconomic conditions and Trump’s widespread tariffs.The blue-chip space tends to feature more resilient companies that can withstand the effects of such headwinds.We highlight four blue-chip companies that managed to increase their profits during this latest earnings season.
Singapore Technologies Engineering (SGX: S63)
Singapore Technologies Engineering, or STE, is an engineering and technology group serving the aerospace, smart city, defence, and public security sectors.For the first half of 2025 (1H 2025), revenue rose 7.2% year on year to S$5.9 billion.Operating profit improved by 15.2% year on year to S$602.2 million, while net profit climbed 19.7% year on year to S$402.8 million.The group also generated a positive free cash flow of S$484.6 million for 1H 2025.An interim dividend of S$0.04 was declared, unchanged from a year ago.STE announced total contract wins of S$9.1 billion for 1H 2025, with the Defence & Public Security sector receiving the highest contract value of S$4.2 billion.The engineering giant’s order book stood at S$31.2 billion as of 30 June 2025, with S$5 billion expected to be delivered for the rest of this year.STE is committed to increasing its annual dividend, as communicated during its recent Investor Day 2025.The group intends to pay a total dividend of S$0.18 for 2025, one cent higher than 2024.From 2026, STE will pay an incremental dividend equivalent to one-third of the year-on-year increase in net profit.
UOL Group (SGX: U14)
UOL Group is a property and hospitality group with total assets of around S$23 billion.The group owns a diversified portfolio of development and investment properties around the world, including three acclaimed hotel brands: Pan Pacific, Parkroyal Collection, and Parkroyal.For 1H 2025, revenue climbed 22% year on year to S$1.5 billion.Operating profit surged 30% year on year to S$319.2 million, and core net profit (excluding fair value gains) shot up 45% year on year to S$206.6 million.UOL Group successfully launched UpperHouse at Orchard Boulevard condominium in July, with units selling at S$3,350 per square foot.For its investment properties, the Singapore commercial portfolio enjoyed a high committed occupancy of 96.6% as of 30 June 2025.Its Singapore retail portfolio occupancy stood at 97.3%.The property group embarked on an asset enhancement initiative for West Mall, which helped to add 22,000 square feet of net lettable area to Basement 2.In mid-August, UOL Group acquired student residential hall Varley Park in the UK for £43.5 million, comprising 771 operational beds across 22 blocks.
Singtel (SGX: Z74)
Singtel is Singapore’s largest telecommunications company (telco), offering a comprehensive range of services including mobile, broadband, and pay TV, as well as business-to-business services such as ICT and cybersecurity.For the first quarter of fiscal 2026 (1Q FY2026) ending 30 June 2025, Singtel reported a slight 0.6% year-on-year dip in revenue to S$3.4 billion.The telco’s operating profit, however, rose 9.6% year on year to S$418 million.Net profit more than quadrupled year on year to S$2.9 billion, boosted by an exceptional gain of S$2.2 billion from the sale of a partial stake in Airtel, along with the Intouch-Gulf Energy merger.Singtel’s underlying net profit climbed nearly 14% year on year to S$686 million.The group continues to execute its Singtel28 strategy with S$4 billion unlocked out of its S$9 billion capital recycling pipeline target.Looking ahead, Singtel will push for overseas expansion in its Enterprise business and expand its 5G+ services with enhanced tier offerings.The group will also scale its data centre capacity to more than 200 MW by December 2026 and explore investments into new tier-1 regional markets.
City Developments Limited (SGX: C08)
City Developments Limited, or CDL, is a global real estate company with a network spanning 168 locations in 29 countries and regions.For 1H 2025, revenue rose 8% year on year to S$1.69 billion, lifted by an increase in property development revenue.Net profit inched up 3.9% year on year to S$91.2 million, and would have been higher if not for the recognition of foreign exchange losses.A special interim dividend of S$0.03 was declared, 50% higher than the S$0.02 paid out in 1H 2024.CDL’s Singapore residential pipeline remains strong with a current launch pipeline of around 2,260 units.The property giant concluded more than S$1.5 billion of divestments year-to-date, far exceeding 2024’s S$0.6 billion.This number reflects management’s accelerated focus on capital recycling to optimise its portfolio.CDL’s hotel operations saw a slight year-on-year increase in revenue per available room (RevPAR) to S$155.6.Meanwhile, its hotel division continues to refurbish and develop new properties, with M Social Resort Penang having just completed renovations in June 2025.The best gift a responsible parent can give their child is a secure, comfortable financial future. And we found that dividend investing is one of the easiest and effortless methods to do it. Our latest FREE report reveals how you can do it, plus the 3 SGX stocks you can buy today to start future-proofing your child’s financial future. Click HERE to grab a copy of the guide.Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses!Disclosure: Royston Yang does not own shares in any of the companies mentioned.
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