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A Sinarmas Land of opportunity awaits
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Sinarmas Land has vast property holdings across the region, including this 228ha Nuvasa Bay project in Batam, Indonesia.
PHOTO: SINARMAS LAND
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SINGAPORE - Looking through the list of 631 companies on the Singapore Exchange (SGX) stock screeners as at Aug 15, one can see that only 343 companies are profitable or have any price-earnings (PE) multiples. This means 288, or 45.6 per cent, of listed companies are loss-making.
Of the 343 profitable companies, 67 are trading above 25 times PE; 88 companies are trading at 15 to 25 times PE. So that is 45 per cent of companies that are profitable, but trading above the Singapore market average PE of 12.3 times.
