Singtel (SGX: Z74)

Singtel is the largest telecommunications company in Singapore, providing mobile, broadband, and pay-TV services, as well as offering network security and information communication technology services to enterprises. The company announced a strategic reset nearly three years ago, realizing the need to write down asset losses and revitalize its core businesses.

Although core revenue declined by 2.8% year-on-year, core net profit increased by 7.4% year-on-year. Investors may need to wait patiently for this year's investor day to assess the progress of Singtel's strategic reset.

StarHub Limited (SGX: CC3)

StarHub is also a telecommunications company, offering mobile, broadband, pay-TV services, and network security services. The company launched an ambitious five-year transformation plan called "DARE+" at the end of 2021, aiming for a total cost savings of S$280 million. Since the end of the DARE 1.0 strategy, the company has achieved over S$270 million in cost savings and a 15% reduction in operating expenses.

According to the 2023 financial report, StarHub's profitability has significantly improved, with dividends raised to S$0.067, 34% higher than the S$0.05 paid in 2022. If the trend of revenue and profit growth continues, investors may see better stock price performance.

Singapore Post (SGX: S08)

Singapore Post is a mail and parcel delivery provider in Singapore and Australia, with a vast logistics and e-commerce network. It recently announced the results of its strategic review, relying on five pillars to transform its business. In addition to restructuring business segments, Singapore Post plans to conduct capital returns to unlock value for shareholders. The company also plans to expand its operations in Australia and establish technological infrastructure to expand international business.

Seatrium Limited (SGX: S51)

Seatrium was formed through the merger of the marine division of Singapore Shipyard (SGX: BN4) and the former Marine Corporation of Singapore. The company recently announced an investor day event outlining its vision to transform the group into a profitable enterprise. Seatrium will adopt four strategies, including seizing opportunities in oil and gas, wind energy, maintenance and upgrades, and carbon capture and storage. Each pillar has significant potential for growth. Management aims to achieve a shareholder equity return of over 8% by 2028.