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1Q earnings
Results
Pan Hong swings back into the black with 1Q earnings of $21 mil
SINGAPORE (Aug 14): China property group Pan Hong Holdings has swung back into the black with earnings of RMB106.4 million ($21 million) in 1Q20, compared to a loss of RMB0.9 million in 1Q19.
August 14, 2019
Results
Metro 1Q earnings down 47.5% to $10.6 mil on higher costs, lower JV contributions
SINGAPORE (Aug 13): Metro Holdings reported 1Q20 earnings almost halved to $10.6 million, compared to $20.2 million in 1Q19.
August 13, 2019
Results
Boustead Projects 1Q earnings down 53% to $4.7 mil on absence of one-off gains
SINGAPORE (Aug 7): Boustead Projects reported 1Q20 earnings of $4.7 million, 53% lower compared to the $10 million in 1Q19, on absence of one-off gains from sale of 25 Changi North Rise in FY19.
August 07, 2019
Investing ideas
Ascendas India Trust in sweet spot to ride India's IT, logistics boom
SINGAPORE (Aug 1): Riding on the fast growing IT and logistics industries in India, Ascendas India Trust (a-iTrust) is expecting rentals in Bangalore and Hyderabad’s IT Corridor I to increase over the next few quarters on the back of sustained demand.
August 01, 2019
Investing ideas
Mapletree Commercial Trust to continue riding on robust office sector outlook
SINGAPORE (July 29): VivoCity, Singapore’s largest shopping mall, launched its retail extension of its Basement 1 area in July last year as part of the mall’s $16 million asset enhancement initiative (AEI) announced back in Jan 2016 and completed in F
July 29, 2019
Results
MCT declares 3.6% higher 1Q DPU of 2.31 cents on higher revenue
SINGAPORE (July 26): The manager of Mapletree Commercial Trust (MCT) announced that its DPU for 1Q19/20 ended June has increased by 3.6% to 2.31 cents, compared to 2.23 cents in 1Q18/19.
July 26, 2019
Investing ideas
MLT outlook turns cautious amid macro uncertainties
SINGAPORE (July 25): Mapletree Logistics Trust (MLT) listed on the Singapore Exchange (SGX) in July 2005, with just 15 Singapore-based properties in its IPO portfolio.
July 25, 2019
Broker's Calls
Accretive acquisition and long WALE keeps EC World REIT at 'buy'
SINGAPORE (May 29): Phillip Capital is keeping its “buy” call on EC World REIT (ECW REIT) with a higher target price of 87.2 cents from 85 cents previously.
May 29, 2019
Broker's Calls
Accumulate ComfortDelGro on dips given good track record: UOB
SINGAPORE (May 28): UOB Kay Hian recommends investors "buy" ComfortDelGro (CDG) on dips with a target price of $2.77 following the group’s results announcement.
May 28, 2019
Results
Kingsmen posts 47.4% drop in 1Q earnings to $0.2 mil on higher expenses
SINGAPORE (May 15): Kingsmen Creatives saw earnings decline 47.4% to $234,000 in 1Q19 from $445,000 in 1Q18 on higher expenses.
May 15, 2019