earnings

Results

Frasers Hospitality Trust's 2Q DPS falls 7.8% to 1.1126 cents on weaker portfolio performance overseas

SINGAPORE (Apr 26): The managers of Frasers Hospitality Trust (FHT) have declared a distribution per stapled security (DPS) of 1.1126 cents for the second quarter ended Mar 2018, down 7.8% from its DPS of 1.2063 cents a year ago on weaker overall portfoli

Results

Far East H-Trust posts 1Q DPSS of 0.94 cent, up 1.1% y-o-y

SINGAPORE (Apr 26): The manager of Far East Hospitality Trust (Far East H-Trust) has announced a 1Q18 distribution per stapled security (DPSS) of 0.94 cent, up 1.1% from its DPSS of 0.93 cent a year ago on improved performance across its hotel and service

Results

Procurri's 1Q earnings grow sixfold to $1 mil on higher segment margins

SINGAPORE (Apr 25): Procurri Corp saw its earnings for 1Q18 grow sixfold to $1 million from $164,000 a year ago on higher revenue which mainly resulted from its higher-margin lifecycle services business segment.

Results

Mapletree Greater China Commercial Trust's 4Q DPU falls 2.8% to 1.904 cents

SINGAPORE (Apr 25): The manager of Mapletree Greater China Commercial Trust (MGCCT) has declared a distribution per unit (DPU) of 1.904 cents for 4Q18, down 2.8% from the DPU of 1.959 cents a year ago in 4Q17 on lower revenue caused by a reversal in VAT p

Results

Sembcorp Marine reports lower 1Q earnings of $5.3 mil on lower contributions from platforms division, absence of one-off gain

SINGAPORE (Apr 25): Sembcorp Marine announced an 86% fall in earnings for the first quarter ended March from a year ago.

Broker's Calls

How worried should Mapletree Commercial Trust be about rising interest rates?

SINGAPORE (Apr 25): CIMB and DBS are reiterating their “add” and “buy” calls on Mapletree Commercial Trust (MCT) with target prices of $1.75 and $1.80, respectively, post the release of the REIT’s 4Q18 results on Tuesday.

Tech

3 reasons why tech is still in a secular uptrend

SINGAPORE (Apr 23): With FAANG (Facebook, Apple, Amazon, Netflix and Google) stocks retreating from their 2018 highs and tech valuations settling, how should global investors react?

Broker's Calls

Why challenges remain for CapitaLand Mall Trust despite recent positives

SINGAPORE (Apr 23): RHB, Phillip Capital, UOB and Maybank are keeping their “hold" calls on CapitaLand Mall Trust (CMT) at target prices of $2.10, $2.05, $2.13 and $2.10, respectively.  

Results

CapitaLand Mall Trust posts 1.8% rise in 1Q DPU to 2.78 cents

SINGAPORE (Apr 20): The manager of CapitaLand Mall Trust (CMT) has declared a 1Q18 distribution per unit (DPU) of 2.78 cents, 1.8% higher than its 1Q DPU of 2.73 cents a year ago on higher revenue and lower property expenses and finance costs.

Results

Frasers Commercial Trust posts 4.4% lower 2Q DPU of 2.4 cents

SINGAPORE (Apr 20): The manager of Frasers Commercial Trust (FCOT) has declared a 2Q18 distribution per unit (DPU) of 2.40 cents, down 4.4% from its 2Q17 DPU of 2.51 cents a year ago on lower revenue and income from properties.
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