Temasek Holdings Made $21 Billion Net Profit In 2018 Guess it’s time to break out the champagne and celebrate, fellow Singaporeans? Singapore’s state investment firm Temasek Holdings announced that their net portfolio value hit S$308 billion in the last financial year. Why is this significant? Well, because this figure is $33 billion more than last year’s valuation of $275 billion. Let’s take a closer look at some notable firms under Temasek’s portfolio. Source Certain companies which Temasek Holdings owns a 100% stake in – like SMRT Corporation and Mediacorp – may not have done spectacularly this year, in terms of netting massive profits. But Temasek Holding’s vast portfolio of investments across the board, can be explained by their other Asia-Pacific (APAC) investments. Stellar APAC performance Beyond investing in Singapore, Temasek reports a stellar investment performance for regional banks and China assets. They invested $29 billion, of which about $13 billion went to sectors like: Technology Non-bank financial services Life Sciences Agribusiness Returns from these sectors may have propelled Temasek’s overall portfolio performance. Temasek’s strategy to focus resources on these sectors since 2011 also seems to have paid off. These sectors now make up 26% of their portfolio — up from 5% in […]
6 years ago
