2Q17 earnings

Results

Keppel DC REIT 2Q DPU up 4.2% to 1.74 cents

SINGAPORE (July 17): The manager of Keppel DC REIT posts a 4.2% increase in distribution per unit (DPU) of 1.74 cents for the second quarter ended June, from DPU of 1.67 cents a year ago.

Results

Soilbuild REIT 2Q DPU falls 6.3% to 1.466 cents

SINGAPORE (July 13): The manager of Soilbuild Business Space REIT has decalred a distribution per unit (DPU) of 1.466 cents for the second quarter ended June, a 6.3% decline from DPU of 1.565 cents a year ago.

Results

New listing Kimly sees earnings fall 25% to $4.5 mil in maiden report

SINGAPORE (May 9): Coffeeshop operator Kimly posted a 25.3% drop in earnings to $4.5 million for the second quarter ended March in its maiden set of results following its recent listing on the Catalist Board.

Broker's Calls

Starhill Global’s FY17 distributions to be impacted negatively

SINGAPORE (Feb 2): CIMB Research is reiterating its “hold” call on Starhill Global REIT while lowering its target price to 72 cents from 76 cents after the release of the REIT’s 2Q17 results, on expectations of ongoing redevelopment at Plaza Arcade
Lian Beng Group

Results

Lian Beng 2Q earnings fall 75% to $5.7 mil

SINGAPORE (Jan 11): Lian Beng Group posted a 75% drop in earnings to $5.7 million in 2Q17, compared to $22.9 million a year ago.

Results

TEE Land 2Q earnings falls 54% to $0.7 mil

SINGAPORE (Jan 11): TEE Land posted earnings of $690,000 in 2Q17, falling 54.1% from earnings of $1.5 million a year ago.

Results

Metro’s 2Q earnings dip 12.6% to $16.2 mil on lower revenue

SINGAPORE (Nov 14): Metro Holdings, the property firm and operator of department stores, posted a 12.6% decline in 2Q17 earnings to $16.2 million from $18.6 a year ago.

Broker's Calls

Mapletree Industrial holds steady despite headwinds

SINGAPORE (Oct 27): OCBC and CIMB are maintaining their “hold” and “add” calls on Mapletree Industrial Trust (MIT), keeping their target prices unchanged at $1.67 and $1.90 respectively. This comes after MIT declared a 2Q17 DPU of 2.83 cents, 1.4%
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