1Q results

SINGAPORE (May 10): The manager of iREIT Global has declared a DPU for 1Q18 of 1.46 cents, 1.4% higher from 1.44 cents in 1Q17.

SINGAPORE (May 10): SBS Transit posted earnings of $16.8 million for the 1Q ended March, some 63.7% higher than earnings of $10.2 million a year ago.

SINGAPORE (May 10): Challenger Technologies announced that its 1Q18 earnings have increased by 69% to $5.22 million compared to $3.09 million in 1Q17.

SINGAPORE (May 10): Haw Par Corporation saw its earnings grow 15.9% to $19.3 million for the 1Q ended March, from $16.7 million a year ago.

SINGAPORE (May 10): Straco Corporation, the developer and operator of tourism-related attractions, saw its earnings drop 60.1% to $3.6 million for the 1Q ended March, from $8.9 million a year ago.

SINGAPORE (May 10): Nera Telecommunications (NeraTel) reported a 39.2% fall in 1Q18 earnings to $1.7 million from $2.9 million in 1Q17 due to mainly higher unrealised foreign exchange loss coupled with higher operating expenses,

SINGAPORE (May 10): Wilmar International recorded a 40.6% drop in earnings to US$203.3 million ($273.0 million) for the 1Q ended March, from restated earnings of US$342.0 million a year ago.

SINGAPORE (May 10): Genting Singapore reported a 20% rise in 1Q18 earnings to $217.2 million from $181.1 million in 1Q17.

SINGAPORE (May 10): Frencken Group saw its earnings tumble 58.5% to $6.8 million for the 1Q ended March, from $16.3 million a year ago.

SINGAPORE (May 10): Marina developer and operator SUTL Enterprise saw its earnings fall 30% to $0.6 million for the 1Q ended March, from $0.9 million a year ago, on the back of higher expenses.