Stocks to Watch: Seatrium, iFast, Raffles Medical, Aims Apac Reit

Singapore, Singapore Jul 27, 2026 ALN: [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jul 27):

Seatrium: The offshore and marine group on Friday said it expects to record “a material year-on-year improvement” in net profit for its first half of the year, on the back of divestment gains and progressive margin improvements. Its profit for H2 2025 was at S$179.3 million, up 48.3 per cent year on year. The company will be releasing its H1 FY2026 results on Jul 31. The counter ended S$0.03 or 1.4 per cent down at S$2.13 on Friday, prior to the profit guidance.

The offshore and marine industry has faced significant challenges in recent years, primarily due to fluctuations in global oil prices and reduced demand for oil exploration and production services. However, Seatrium's ability to pivot and achieve divestment gains signals a strategic response to these challenges. The company has been focusing on streamlining its operations and divesting non-core assets, which has allowed it to improve its financial performance and profitability.

Seatrium’s anticipated improvement in net profit can also be attributed to its ongoing efforts to enhance operational efficiencies and reduce costs. In an industry where margins can be tight, any improvement in operational efficiency can lead to significant gains. Furthermore, as the global economy continues to recover from the impacts of the COVID-19 pandemic, there is a potential for increased demand in the offshore and marine sector, which could further bolster Seatrium’s financial outlook.

iFast: The digital bank and wealth management platform on Friday posted its second quarter net profit of S$29.8 million, reflecting a 35 per cent increase from S$22.1 million in the same year-ago period. Revenue for the period was up 37.8 per cent on the year at S$142.4 million, from S$103.3 million. Earnings per share stood at S$0.098 for Q2, up from S$0.0731 in the same period a year prior. iFast shares ended 3.1 per cent or S$0.30 down at S$9.28 on Friday, before the results were released.

The growth in iFast's profits and revenues highlights the increasing demand for digital banking and wealth management solutions, particularly in a post-pandemic world where consumers are more inclined to manage their finances online. The company has been expanding its product offerings and enhancing its technology platform to attract a broader customer base, which has contributed to its robust financial performance.

iFast's performance can also be viewed within the broader context of the fintech industry, which has been experiencing rapid growth and innovation. As traditional banking models are challenged by new entrants and evolving consumer preferences, companies like iFast that leverage technology to provide convenient and efficient financial services are well-positioned for continued success.

The decline in iFast's share price following the announcement of its strong financial results may raise questions among investors. Market reactions to earnings reports can often be influenced by a variety of factors, including broader market trends, investor sentiment, and expectations set prior to the announcement. It remains to be seen whether this dip will be temporary or if it reflects deeper concerns among investors.

Raffles Medical: The healthcare provider has been expanding its services and facilities in response to the growing demand for healthcare services in Singapore and the surrounding region. The company has been investing in new clinics and medical facilities, as well as enhancing its existing services to cater to the evolving needs of its patients.

Raffles Medical's expansion strategy is particularly relevant in the context of an aging population and increasing healthcare needs. As more individuals seek medical care, the demand for reliable and accessible healthcare services is expected to rise. Raffles Medical's proactive approach to expanding its service offerings positions it to capture a larger share of the healthcare market.

In addition to physical expansions, Raffles Medical has also been focusing on digital health initiatives, including telemedicine and online consultations. These services have gained traction during the pandemic and continue to be popular among patients seeking convenience and flexibility in accessing healthcare.

The company's ongoing efforts to enhance its service portfolio and adapt to changing market dynamics could lead to improved financial performance in the coming quarters. However, it is essential for Raffles Medical to maintain high standards of care and patient satisfaction as it grows, as these factors are critical to its long-term success.

Aims Apac Reit: The real estate investment trust (Reit) has been navigating a challenging environment in the property market, particularly in light of economic uncertainties and changing consumer preferences. Aims Apac Reit focuses on investing in income-producing real estate and aims to provide stable returns to its unitholders.

The Reit's portfolio includes a mix of properties, such as commercial and industrial spaces, which can be affected by varying market conditions. The ongoing trend toward remote work and e-commerce has led to shifts in demand for certain types of properties, prompting Aims Apac Reit to adapt its strategy to align with these changes.

As the economy continues to recover, Aims Apac Reit may find opportunities to enhance its portfolio through acquisitions or redevelopments. The ability to identify and capitalize on emerging trends in the real estate market will be crucial for the Reit's long-term performance.

Investors typically look for stability and growth potential in Reits, and Aims Apac's management will need to effectively communicate its strategies and outlook to maintain investor confidence. The real estate sector's recovery will be closely watched by market participants, as it can have significant implications for the broader economy.

In conclusion, the developments surrounding Seatrium, iFast, Raffles Medical, and Aims Apac Reit highlight the dynamic nature of the markets and the various factors influencing company performance. Investors will be keenly observing these companies as they navigate their respective challenges and opportunities in the months ahead, particularly in the context of broader economic trends and consumer behaviors.