Lenders such as DBS Group gained 0.2 percent and United Overseas Bank rose 1 percent.
Net property income up 1.2 percent to S$117.5 million.
Fall in profits due to impairment of assets, lower revenue contribution and cost overruns from certain projects.
Swee Hong announced closure of the scheme which took effect from December 2, 2015.
Fuel products provider shares opened at S$0.295
Singapore equities fell on Thursday after a five-day rally, dragged lower by lenders such as DBS Group and United Overseas Bank.
The company will release its financial results on August 14.
Stocks of Wipro and Reliance Industries fell about 0.3 percent ahead of earnings, to be released later in the day.
Net profit fell to S$161 million in the three months ended June 30.
The Straits Times Index fell 0.96 percent or 32 points to end at 3,293.
Stocks of Kotak Mahindra Bank and Reliance Industries were trading higher ahead of earnings.
Shares of NetLink NBN Trust, which made a lukewarm debut on the exchange on Wednesday, were little changed for a second day.
Certain banking services will be unavailable on Aug 5 and 6.
Loss due to lower revenue and profit contribution from the commodities trading business.
Net profit attributable to shareholders decreased to $10.3 million compared to $18.8 million last year.