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Results
F&N posts 4.6% rise in 1Q earnings to $39.7 mil on higher revenue
F&N’s beverages segment, which comprises soft drinks and beer, saw a 9.9% growth in revenue during the quarter to $124.5 million.
February 06, 2020
Results
Manulife US REIT posts 5.9% drop in 4Q DPU to 1.44 US cents on enlarged base
“2019 was the best year ever for Manulife US REIT,” says Jill Smith, chief executive officer of the manager.
February 05, 2020
Results
Ascendas REIT posts 12.3% decline in 3Q DPU to 3.507 cents on enlarged base
3QFY2019 gross revenue rose 5.9% to $239.7 million, driven by contributions from the portfolio of 28 properties in the US and two properties in Singapore acquired in December 2019.
January 31, 2020
Tech
Samsung earnings slump as tech giant struggles with falling memory chip prices
The chip industry has been anticipating a recovery as the roll-out of fifth-generation wireless technology spurs higher demand for memory and greater speeds to process data.
January 30, 2020
Results
CDL Hospitality Trusts posts flat 4Q DPS of 2.77 cents, FY2019 DPS dips 2.6%
4QFY2019 revenue rose 3.2% to $54.0 million, driven by full quarter contribution from the rebranded Raffles Maldives Meradhoo resort and higher contribution from its Singapore hotels.
January 30, 2020
Results
Ascott Residence Trust posts 6% rise in 4Q DPS to 2.27 cents on one-off divestment gain
ART says its geographically diversified portfolio should mitigate the impact of the Wuhan coronavirus outbreak.
January 30, 2020
Results
Keppel Corp posts 25.5% drop in FY19 earnings to $707 mil on absence of one-off gains, proposes 20% lower final dividend of 12 cents per share
Notably, Keppel Corp's diversification and cost management strategies have returned Keppel O&M to profitability for the first time since FY2016.
January 23, 2020
Broker's Calls
Keppel DC REIT likely to see higher DPU ahead on acquisition-led growth, says CGS-CIMB
KDCREIT is likely to continue to see growth on the back of acquisitions. But are current valuations looking steep?
January 22, 2020
Results
SPH reports 17% drop in 1Q earnings to $46.3 mil as media revenue continues to slide
Profit before tax for the media segment plunged 76.8% to $7.5 million in 1QFY2020, from $32.3 million a year ago.
January 13, 2020
Results
Top Glove posts 1.2% rise in 1Q earnings to $36.4 mil
SINGAPORE (Dec 17): Top Glove Corporation has reported earnings of RM111.4 million ($36.4 million) for the 1QFY2020 ended November 2019, some 1.2% higher than earnings of RM110.1 million recorded a year ago.
December 17, 2019