Jul 29: Dairy Farm, Hongkong Land, Mandarin Oriental, SIA

The following companies may have unusual price changes in Singapore trading today. Stock symbols are in parentheses and share prices are from the previous close. Singapore’s Straits Times Index lost 0.1% to 3,189.85.

Dairy Farm International Holdings (DFI SP): Hong Kong’s second-biggest retailer by sales said first-half net income rose to US$226 million ($272 million) from US$182 million a year earlier. Dairy Farm was unchanged at US$8.60.

Hongkong Land Holdings (HKL SP): One of the biggest landlords in the Chinese city’s central business district said first-half profit excluding revaluation losses or gains dropped 23% from a year earlier to US$365 million. After including higher valuation for its investment properties, profit was US$3.8 billion, it said. The stock added 0.5% to US$6.63.

Hyflux (HYF SP): Singapore’s biggest water treatment company said a fire broke out yesterday at its warehouse in Algeria, damaging US$50 million worth of property and delaying the completion of its water desalination project in the country to May 2012 instead of August 2011. Hyflux was unchanged at $2.

Lian Beng Group (LBG SP): The Singapore-based construction company said full-year net income doubled to $48.6 million from $24 million a year earlier. The stock was unchanged at 40.5 cents.

Mandarin Oriental International (MAND SP): The operator of luxury hotels from Tokyo to San Francisco reported first-half net income of US$43.1 million, compared with US$13.5 million a year earlier. Mandarin declined 1% to $2.05.

Singapore Airlines (SIA SP): The world’s second- largest carrier by market value said first-quarter profit fell 82% from a year earlier to $44.7 million because of higher fuel costs and waning travel demand. That missed the average estimate of $127 million by four analysts compiled by Bloomberg. Singapore Air lost 0.4% to $14.71.

Tiger Airways Holdings (TGR SP): The budget carrier partly owned by Singapore Airlines said the Civil Aviation Safety Authority of Australia has set “conditions” before it allows the company to resume domestic flights in the country. It didn’t say what the conditions were. The regulator suspended Tiger’s flights in Australia since July 1 due to safety concerns. Tiger added 0.8% to $1.235.