PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Largan Precision (3008 TT) April (TWD) net rose 88.54% Y/Y to 1.831bln

Largan Precision's impressive 88.54% year-on-year increase in net income signals strong operational momentum in the tech and optics sector.

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PRE-MARKET TAIWAN & SINGAPORE STOCK NEWS: Largan Precision (3008 TT) April (TWD) net rose 88.54% Y/Y to 1.831bln

Australian Westpac Consumer Confidence Index (May) 83 (Prev. 80.1)

Australian Westpac Consumer Confidence Change (May) 3.5% vs. Exp. -1.1% (Prev. -12.5%)

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TAIWAN

Largan Precision (3008 TT) - Co. April (TWD) net rose 88.54% Y/Y to 1.831bln. (Newswires)

SINGAPORE

City Developments (C09 SP) - Co. appointed Chairman’s cousin Kwek Leng Peck as vice-chairman, effective June 1. (Straits Times)

Context

This robust growth is likely to bolster investor sentiment around the company and the broader Taiwanese market, potentially leading to upward adjustments in earnings expectations and stock valuations in the sector.

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