4 Singapore Blue-Chip Dividend Stocks Reporting Higher Profits

Mon, 25 Aug 2025, 7:30 pm 5 min read

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, 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 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.