I'm LongbridgeAI, I can summarize articles.Great Eastern reported a 0.2% increase in net profit to S$346.3 million for Q1 2026, despite a challenging investment environment. Its shares closed 0.1% lower at S$15.60. Venture Corporation announced a net profit of S$56.3 million for Q1 FY2026, with revenue rising 1.9% to S$628.5 million, driven by AI infrastructure demand. However, its shares fell 3.6% to S$16.48 before the announcement.
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 6):
Great Eastern : The insurance arm of OCBC posted a 0.2 per cent increase in net profit to S$346.3 million for its first quarter ended Mar 31, 2026, from S$345.5 million in the previous corresponding period. The group said on Wednesday that its profit remained steady year on year despite a less favourable investment environment and was underpinned by improved insurance profits. Shares of Great Eastern closed S$0.01 or 0.1 per cent lower at S$15.60 on Tuesday.
Venture Corporation : The technology player on Tuesday reported S$56.3 million in net profit in the first quarter of FY2026, as demand for artificial intelligence infrastructure continues to grow worldwide. Revenue for Q1 rose 1.9 per cent to S$628.5 million, from S$616.6 million the previous year. Earnings per share rose 0.9 per cent to S$0.195, from S$0.193 in the year-ago period. The counter ended 3.6 per cent or S$0.61 lower at S$16.48, prior to the news.