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1Q results
Results
Sheng Siong posts 48.2% increase in 1Q earnings to $28.7 mil on elevated consumer demand
Sheng Siong sees 48.2% increase in 1Q earnings as 'panic buying' continues
April 28, 2020
Broker's Calls
Latest acquisition expected to bring SPH REIT to new heights this year
SINGAPORE (Jan 13): Analysts are keeping their positive stance on SPH REIT following the REIT’s 1Q20 results announcement on Jan 10.
January 13, 2020
Results
Pan Hong swings back into the black with 1Q earnings of $21 mil
SINGAPORE (Aug 14): China property group Pan Hong Holdings has swung back into the black with earnings of RMB106.4 million ($21 million) in 1Q20, compared to a loss of RMB0.9 million in 1Q19.
August 14, 2019
Results
Cortina posts 69% increase in 1Q earnings to $8.9 mil on higher sales
SINGAPORE (Aug 14): Cortina Holdings has reported earnings of $8.9 million for 1Q ended June, up 69% from $5.3 million for the same quarter last year.
August 14, 2019
Results
Metro 1Q earnings down 47.5% to $10.6 mil on higher costs, lower JV contributions
SINGAPORE (Aug 13): Metro Holdings reported 1Q20 earnings almost halved to $10.6 million, compared to $20.2 million in 1Q19.
August 13, 2019
Results
Boustead Projects 1Q earnings down 53% to $4.7 mil on absence of one-off gains
SINGAPORE (Aug 7): Boustead Projects reported 1Q20 earnings of $4.7 million, 53% lower compared to the $10 million in 1Q19, on absence of one-off gains from sale of 25 Changi North Rise in FY19.
August 07, 2019
Investing ideas
Ascendas India Trust in sweet spot to ride India's IT, logistics boom
SINGAPORE (Aug 1): Riding on the fast growing IT and logistics industries in India, Ascendas India Trust (a-iTrust) is expecting rentals in Bangalore and Hyderabad’s IT Corridor I to increase over the next few quarters on the back of sustained demand.
August 01, 2019
Investing ideas
Mapletree Commercial Trust to continue riding on robust office sector outlook
SINGAPORE (July 29): VivoCity, Singapore’s largest shopping mall, launched its retail extension of its Basement 1 area in July last year as part of the mall’s $16 million asset enhancement initiative (AEI) announced back in Jan 2016 and completed in F
July 29, 2019
Results
MCT declares 3.6% higher 1Q DPU of 2.31 cents on higher revenue
SINGAPORE (July 26): The manager of Mapletree Commercial Trust (MCT) announced that its DPU for 1Q19/20 ended June has increased by 3.6% to 2.31 cents, compared to 2.23 cents in 1Q18/19.
July 26, 2019
Broker's Calls
Accretive acquisition and long WALE keeps EC World REIT at 'buy'
SINGAPORE (May 29): Phillip Capital is keeping its “buy” call on EC World REIT (ECW REIT) with a higher target price of 87.2 cents from 85 cents previously.
May 29, 2019