1Q earnings

SINGAPORE (Apr 24): OCBC is maintaining its “hold” call on CapitaLand Commercial Trust (CCT) with a fair value estimate of $1.84 before speaking to the manager of the trust.

SINGAPORE (Apr 24): CapitaLand Commercial Trust (CCT) reported a 11.7% drop in 1Q18 DPU to 2.12 cents compared to 2.40 cents in 1Q17.

SINGAPORE (Apr 23): Sunningdale Tech reported a 74.8% fall in earnings to $1.9 million for the 1Q18 ended March, from $7.7 million in 1Q17 a year ago.

SINGAPORE (Apr 23): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has announced distribution per unit (DPU) of 0.88 cents for the 1Q ended March, unchanged from a year ago.

SINGAPORE (Apr 19): Singapore Reinsurance reported first quarter earnings increased 11.6% to $5.2 million in 1Q18 compared to $4.6 million in 1Q17.

SINGAPORE (Apr 19): Keppel REIT (KREIT) on Wednesday announced that its 1Q18 DPU dropped 2.1% to 1.42 cents from 1.45 cents in 1Q17, despite a 0.2% y-o-y increase in income available for distribution to $48.2 million.

SINGAPORE (Apr 17): The manager of First Real Estate Investment Trust (First REIT) has posted a distribution per unit (DPU) of 2.15 cents for the 1Q ended March, some 0.5% higher than DPU of 2.14 cents a year ago.

SINGAPORE (Apr 17): Keppel Telecommunications & Transportation (Keppel T&T) reported a 16.3% drop earnings to $9.4 million in 1Q18.

SINGAPORE (Apr 17): M1 reported a 0.9% rise in 1Q18 earnings to $34.1 million compared to $33.8 million in 1Q17.

SINGAPORE (Apr 16): SB REIT Management announced that Soilbuild Business Space REIT’s DPU for 1Q18 has dropped 11.1% to 1.324 cents compared to 1.489 cents in 1Q17.