1H20 results

The board has declared an interim dividend of 3.5 cents per ordinary share for the period, unchanged from 1H19, which will be paid to shareholders on Aug 28.

Specialty rubber chemicals producer China Sunsine Chemical Holdings has reported a 69% drop in earnings for 1H20 ended June to RMB82.4 million ($16.3 million) compared to the RMB265.9 million posted a year ago.

United Hampshire US REIT has declared a distribution per unit (DPU) of 1.78 US cents (2.44 Singapore cents) from March 12 to June 30, in line with its IPO forecast.

No interim dividend was declared for 1H20 in a bid to conserve cash amid the pandemic-induced uncertainties. In comparison, the company declared an interim dividend of 3.5275 cents for 1H19.

The board has declared an interim dividend of 3.74 HK cents (0.67 Singapore cents) for 1H20, the same as last year.

For 1H20, the board has declared an interim dividend of 4 cents per share, which will be payable on August 27.

Quarter-on-quarter, the group registered a 16.4% and 2.9% increase in earnings and revenue respectively. Net profit margin also rose to 1.1 percentage points q-o-q to 10.1%.

Group revenue fell 4.9% y-o-y to $2.03 billion mainly due to rental rebates that amounted to some $158.6 million granted to tenants in Singapore, China, and Malaysia.

The board has declared an interim dividend of 1.8 Singapore cents per share for the 1H20, down from the 3.0 Singapore cents in 1H19.

Revenue rose 14.7% y-o-y to $65.8 million due to the continued progressive sales recognition from its residential development projects in Malaysia, Eaton Residences in Kuala Lumpur, and Coral Bay in Kota Kinabalu.