PRE-MARKET TAIWANESE AND SINGAPOREAN STOCK NEWS: Earnings from Lite-On and DBS Group
Taiwan
ASE Technology Holding (3711 TT) - Co. raised FY capital expenditure by 20% to about USD 8.5bln to meet stronger demand for leading-edge advanced packaging and said it may increase spending further this year while expecting another heavy spending year next year. (Taipei Times)
Lite-On Technology (2301 TT) - Co. Q1 (TWD) net rose 9.23% Y/Y to 3.78bln, rev. rose 19.2% Y/Y to 43.4bln. Stated that Q1 marks the trough for the year with revenue and profit expected to rebound from Q2 and strengthen further in H2 on strong AI power management shipments. (Taipei Times)
Singapore
DBS Group (DBS SP) – Q1 2026 (SGD): Net 2.93bln (exp. 2.88bln), NII 3.48bln (prev. 3.72bln Y/Y), total income 5.95bln (prev. 5.91bln Y/Y), affirms FY guidance as largely unchanged. (DBS Group)
Incredible Holdings (IHC SP) - Co. has been directed to update shareholders on its business and financial position after failing to hold its AGM for two consecutive financial periods, prompting a formal warning from the stock exchange regulator. (Straits Times)
Landmark Reit (LMRT SP) - Co. Q1 (SGD) net property income rose 5.7% Y/Y to 30.8mln. (Business Times)
Sheng Siong (SSG SP) - Co. Q1 (SGD) net rose 12.6% Y/Y to 43.4mln, rev. rose 12.4% Y/Y to 452.8mln. (Business Times)
Starhill Global Reit (SGREIT SP) - Co. Q3 (SGD) net property income was 37.9mln (prev. 37.9mln Y/Y). (Business Times)