results

The trust has also declared no distributable income and no distribution per stapled security (DPS) for the half-year period.

AEM Holdings has proposed an interim dividend of 5.0 cents per share, representing a payout of 25% for the half-year period.

Gross revenue for the half-year period came in at US$98.6 million ($135.5 million), 18.3% y-o-y, largely due to contributions from Centrepointe in Washington, and Capitol in California. Both were acquired in FY2019.

Jardine Matheson and Jardine Strategic both saw earnings for the half-year period decline 49% y-o-y to US$373 million ($513.2 million) and US$395 million respectively.

The board has declared an interim one-tier tax exempt dividend of 9 US cents per share for the half-year period, compared to the 18 US cents per share declared in 1H19.

Agri-food company Japfa saw its earnings surge 500% to US$76.8 million ($105.7 million) for 1H20 ended June, from $12.8 million a year ago, due to strong performance registered from both Animal Protein – Other (APO) in Vietnam, and Dairy.

Including the amount retained, DPS for FEHT would have stood at 1.29 cents, representing a 29.1% decline y-o-y.

This brings GKE Corp’s full-year earnings to $4.7 million from the $2.1 million loss last year.

SLB Development, the development spin-off from Lian Beng Group, has posted earnings of $10.8 million for FY20 ended May 31, swinging out from losses of $5.0 million a year ago.

This translates to earnings per share (EPS) to 3 cents, down 3.8% from the 3.12 cents during the same period last year.