Despite the drop in earnings, OUE plans to maintain its interim dividend at one cent per share.
OUE has reported revenue of $304.5 million for its 1HFY2023, up 53.3% y-o-y, with across-the-board growth seen for its three key business segments.
However, earnings in the same period was down 54.6% y-o-y to $40.2 million for its 1HFY2023, as it got to put up with higher financing costs and also lower net gains in fair value of its assets.
