// Adds dimensions UUID, Author and Topic into GA4
Thursday, September 24, 2026
28 C
Singapore
type here...
Business
Less than 1 min.Read

Temasek’s net profit significantly below previous year, falls below 2007?

The Independent
By The Independent

By: Phillip Ang

Due to Temasek’s selective disclosure of information, ordinary Singaporeans and even experts don’t know its actual financial state.

A question that’s been on my mind for quite a while – why has Temasek’s group net profit been stagnant despite a $78 billion increase in its portfolio value?

1
Source

Temasek must also have been taking excessive risks or its FY2016 group net profit wouldn’t have plunged almost 50% from FY2015. We are not even in a financial crisis so will what’s going to happen when one strikes?

Temasek’s net profit was $8 billion in FY2016 and $9 billion in FY2007. If its investments were yielding really good returns, why is its FY2016 net profit lower than FY2007?

—
Republished from the blog ‘likedatosocanmeh‘.

Google News Follow Google News WhatsApp Join us on WhatsApp Telegram Follow us on Telegram

Hot this week

Technology

Singapore to sign joint statement on AI safety with 21 other nations

Prime Minister Lawrence Wong said on Sept 22 that Singapore is supporting the statement started by Norwegian Prime Minister Jonas Gahr Støre and Finnish President Alexander Stubb
In the Hood

Two weeks after allegedly finding cockroach in meal, customer demands S$5,000 from restaurant

A customer allegedly found a whole dead cockroach in his restaurant meal — but instead of reporting it immediately, he approached the restaurant two weeks later and demanded S$5,000 in compensation.

Popular Categories

Singapore NewsFeatured NewsSG EconomySingapore PoliticsLifestyleCelebrityIn the Hood
document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });

The Independent SG

Also Visit

Social Media

© The Independent Singapore

// //
Enable Notifications OK No thanks