earnings

Results

SingPost reports 15.6% higher earnings of $50.2 mil on higher revenue & exceptional gain

SINGAPORE (Feb 1): Singapore Post (SingPost) has announced earnings of $50.2 million for 3Q19, growing 15.6% from $43.4 million a year ago,  largely due to higher revenue as well as a $28.2 million exceptional gain on the group’s dilution of interest i

Broker's Calls

Ascendas REIT set to thrive on overseas initiatives & new Grab project, says Maybank

SINGAPORE (Jan 31): Maybank Kim Eng continues to rate Ascendas REIT (A-REIT) at “buy” with an unchanged price target of $2.95, while highlighting the trust as its top S-REIT pick due to its scale, and as the best proxy to recovering sector fundamental

Results

Tuan Sing 4Q earnings more than double to $119.5 mil on fair value gains

SINGAPORE (Jan 31): Tuan Sing Holdings reported earnings of $119.5 million for 4Q18, rising 140% from $49.8 million a year ago on higher fair value gains.

Results

Ascendas REIT posts 0.7% higher 3Q DPU of 3.998 cents; secures $181.2 mil BTS project from Grab

SINGAPORE (Jan 30): The manager of Ascendas REIT (A-REIT) reported a 3Q19 distribution per unit (DPU) of 3.998 cents, growing 0.7% from 3.97 cents a year ago after taking into account an enlarged number of units in issue.

Results

Keong Hong's 1Q earnings double to $4 mil on joint venture gain

SINGAPORE (Jan 30): Property developer Keong Hong Holdings saw its earnings double y-o-y to $4 million in 1Q19 from $1.8 million, mainly due to a $4.4 million share of gain from a joint venture company.

Results

Starhill Global REIT posts 3.4% lower 2Q DPU of 1.13 cents

SINGAPORE (Jan 29): The manager of Starhill Global REIT (SG REIT) has announced a distribution per unit (DPU) of 1.13 cents for 2Q19, 3.4% lower than its DPU of 1.17 cents a year ago due to lower net property income (NPI), higher interest costs and higher

Results

CDL Hospitality Trusts 4Q DPS falls 2.1% to 2.77 cents on divestment impact & ongoing AEI

SINGAPORE (Jan 29): The managers of CDL Hospitality Trusts (CDL HT), a stapled group comprising CDL REIT and CDL Hospitality Business Trust, posted a 2.1% decline in 4Q18 distribution per stapled security (DPS) to 2.77 cents from 2.83 cents a year ago.

Results

Ascott REIT DPU grows 5% to 2.15 cents in 4Q, scores another record year of distributable income

SINGAPORE (Jan 29): The manager of Ascott Residence Trust (Ascott REIT) has declared a distribution per unit (DPU) of 2.15 cents for 4Q18, up 5% from 2.04 cents in 4Q17 due to higher revenue.

Results

Fortune REIT's FY18 DPU up 1% to 51.28 HK cents on positive rental reversions & car park income growth

SINGAPORE (Jan 28): The manager of Fortune REIT has declared a distribution per unit of 51.28 HK cents (8.8 cents) for FY18, up 1% from 50.78 HK cents in FY17 due to revenue growth and lower expenses.

Results

Keppel DC REIT's 4Q DPU grows 5.7% to 1.85 cents on higher income

SINGAPORE (Jan 22): The manager of Keppel DC REIT announced a DPU of 1.85 cents for 4Q18, up 5.7% y-o-y from 1.75 cents on the back of higher gross rental income and other income.  
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