earnings

Results

OCBC posts 1% rise in 2Q earnings to $1.22 bil; declares interim dividend of 25 cents per share

SINGAPORE (Aug 2): Oversea-Chinese Banking Corporation (OCBC Bank) saw its earnings rise 1% to $1.22 billion for the 2Q19 ended June, compared to $1.21 billion a year ago, on the back of record earnings from the group’s banking franchise.

Results

LMIR Trust posts 1.7% rise in 2Q DPU to 0.60 cent

SINGAPORE (Aug 2): The manager of Lippo Malls Indonesia Retail Trust (LMIR Trust) has declared distribution per unit (DPU) of 0.60 cent for the 2Q19 ended June, some 1.7% higher than DPU of 0.59 cent a year ago.

Results

Ascendas Hospitality Trust posts 5.2% drop in 1Q DPS to 1.28 cents on absence of one-off divestment proceeds

SINGAPORE (Aug 1): Ascendas Hospitality Trust (AHT) reported distribution per stapled security (DPS) of 1.28 cents for the 1Q19 ended June, down 5.2% from DPS of 1.35 cents a year ago.

Results

Pan-United 2Q earnings surge to $6.7 mil on lower costs

SINGAPORE (Aug 1): Cement and ready-mixed concrete supplier Pan-United Corporation reported a twelvefold surge in earnings to $6.7 million for the 2Q19 ended June, from $0.5 million a year ago, on the back of lower costs.

Results

Hi-P posts 16.9% rise in 2Q earnings to $14.4 mil on higher margins

SINGAPORE (Aug 1): Hi-P International reported a 16.9% increase in earnings to $14.4 million for the 2Q19 ended June, from $12.3 million a year ago, on the back of higher profit margins.

Results

Japfa posts 83% drop in 2Q earnings to $6.8 mil on lower average selling prices

SINGAPORE (July 31): Agri-food company Japfa saw its earnings plunge 83% to US$5.0 million ($6.8 million) for the 2Q19 ended June, from US$29.6 million a year ago.

Results

TEE International sees FY19 losses widen to $17.8 mil despite higher revenue

SINGAPORE (July 31): Integrated engineering, real estate and infrastructure group TEE International sank to full year losses of $17.8 million for the FY19 ended May, some 78.2% worse than the net loss of $10.0 million reported a year ago.

Results

Frasers Hospitality Trust posts 10.2% drop in 3Q DPS to 1.0086 cents

SINGAPORE (July 31): Frasers Hospitality Trust (FHT) has announced distribution per stapled security (DPS) of 1.0086 cents for the 3Q19 ended June, some 10.2% lower than DPS of 1.1226 cents a year ago.

Results

ARA H-Trust beats IPO forecast by 3.8% with DPS of 1.36 US cents

SINGAPORE (July 20): The managers of ARA US Hospitality Trust (ARA H-Trust) have announced distribution of stapled security (DPS) of 1.36 US cents for the reporting period starting from its listing date on May 9 to end June, some 3.8% higher than the IPO

Results

Sheng Siong posts 7.4% higher 2Q earnings of $18.4 mil; declares interim dividend of 1.75 cents per share

SINGAPORE (July 29): Supermarket chain Sheng Siong Group has reported earnings of $18.4 million for the 2Q19 ended June, up 7.4% from $17.2 million in 2Q18, on the back of higher revenue. This brings total earnings for 1H19 to $37.8 million, some 6.6% hig
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